7 replies to this topic

[linrom1]

Youtube Link

Great rant-commentary why rates matter: it's not about being sixpence none the richer.

[toni]

If the Fed was neutral in the war between the bulls & the bears the bears would have won a long time ago. But the Fed is not neutral. They will give the bears an elbo in the eye every chance they get. Getting pounded time after time after time is the price the bears have to pay for fighting the Fed. The only thing I can figure is the bears like to be punished and beat up. They know it is going to happen, yet just keep repeating the same thing (shorting) that they have to know will get them pounded again. toni b

[n83]

"If the Fed was neutral in the war between the bulls & the bears the bears would have won a long time ago. But the Fed is not neutral. They will give the bears an elbo in the eye every chance they get. Getting pounded time after time after time is the price the bears have to pay for fighting the Fed. The only thing I can figure is the bears like to be punished and beat up. They know it is going to happen, yet just keep repeating the same thing (shorting) that they have to know will get them pounded again." ! well said..

[ogm]

If the Fed was neutral in the war between the bulls & the bears the bears would have won a long time ago. But the Fed is not neutral. They will give the bears an elbo in the eye every chance they get. Getting pounded time after time after time is the price the bears have to pay for fighting the Fed. The only thing I can figure is the bears like to be punished and beat up. They know it is going to happen, yet just keep repeating the same thing (shorting) that they have to know will get them pounded again.

toni b

Its called masochism.

Of course Fed will never be on the side of the bears. Thats not how the world works.


And bears .....

[mbradley]

I know this mind set well, and I can pretty much guarantee you this guy still has not got out of his shorts. He probably has another 100 handles of pain coming.

[Darris]

Yes, I can hear the rumble of the bears calling for the special meeting tonight as they go over all the trend line breaks and spectacular momentum to the upside. Tomorrow afternoon the realization that we are a little over 2% from all time highs on the SPX and DOW will sink in, and that should help seal in a Delta hedge melt up into the Friday Expiry close. OGM, Big thank you for HOV!!! Nice 30% move since your call.

[ogm]

Yes, I can hear the rumble of the bears calling for the special meeting tonight as they go over all the trend line breaks and spectacular momentum to the upside. Tomorrow afternoon the realization that we are a little over 2% from all time highs on the SPX and DOW will sink in, and that should help seal in a Delta hedge melt up into the Friday Expiry close.

OGM, Big thank you for HOV!!! Nice 30% move since your call.

I have to admit, I chickened out at 13 today, left a good chunk on the table I had Sept 7.5 calls that I bought for a whooping 10 cent premium on Friday at 3.7. Pulled the trigger when it spiked. Didn't want to risk it with 3 days till expiration.

But it was a monster squeeze. Biggest % gainer on NYSE today. Glad you made some money on it

Edited by ogm, 18 September 2007 - 09:20 PM.

[*JB*]

If the Fed was neutral in the war between the bulls & the bears the bears would have won a long time ago. But the Fed is not neutral. They will give the bears an elbo in the eye every chance they get. Getting pounded time after time after time is the price the bears have to pay for fighting the Fed. The only thing I can figure is the bears like to be punished and beat up. They know it is going to happen, yet just keep repeating the same thing (shorting) that they have to know will get them pounded again.

toni b

Toni, well put.

This -- at least in part (along with the view to "go long or sellout only" for most retail stock traders/investors) -- is what gives the stock market it's historical long bias.

However, fear overcomes that bias in short order.