25 replies to this topic

[NAV]

...but there will be pullbacks

It's a bucking bronco, not a horse carraige ride

[OEXCHAOS]

I had thought it was a rocket! Seriously, we've got the best set-up for a pullback in weeks, or maybe months. But it still is (as it has been), a Bull market. We'll objectively know when that is likely to change (or at least, we'll know when the odds of that having changed rise to the level of importance). Mark

[ogm]

Feels very loney here at the highs

[HoseB]

Let's not lose sight of the fact that it's a "money-pump, high inflation, currency-destroying" bull market.... Much of what is perceived as "gain" is offset by taxes on inflation profits, and loss of buying power. It's ain't nearly as rosy as it appears to the most bullish.

[NAV]

I had thought it was a rocket!

Seriously, we've got the best set-up for a pullback in weeks, or maybe months.

But it still is (as it has been), a Bull market. We'll objectively know when that is likely to change (or at least, we'll know when the odds of that having changed rise to the level of importance).

Mark

For the first time, since i called for new highs around SPX 1450, i am getting some bearish signals to even attempt a short. But it's still a risky short nevertheless.

Edited by NAV, 08 October 2007 - 08:31 AM.

[eminimee]

1X1 off fridays high is 1564 fwiw..in case we need another high. I've got some other stuff that is pretty bearish ST.....and a 40 points down day on spx wouldn't surprise me. Not necessarily today...but this week.

[relax]

fomc minutes tuesday or inflation data on friday can produce a 40 point drop we'll see ;-)

[eminimee]

[thespookyone]

Feels very loney here at the highs

I imagine it would-from the looks of volume,you are the only one trading.

[denleo]

Feels very loney here at the highs

Me too.

Denleo