feels like the bulls are about rip us higher. I actually think they can. Not much else to do except buy dips and not get short I guess.
8 hours ago
Monday, December 21, 2009
Subscribe to:
Post Comments (Atom)
Subscribe To
Posts
Comments
My Blog List
-
-
14 hours ago
-
3 years ago
-
6 years ago
-
8 years ago
-
14 years ago
-
-
-
About Me
- The Honest Trader
- I have been trading stocks since I was 15 years old. Everything I know about trading is from watching the tape for 1000's of hours and reading trading / investing books and online information. Everything I have learned trading has come from "real life" trading experiences. Meaning, I am a homegrown trader with no formal training. I started with $1,500 in an online account and have now grown that to a considerable sum through the years (paid a lot of tax too). I used to trade like an idiot and had no idea what I was doing. I lost money, made money, got lucky and eventually started to "get it". I have been high and I have been low - but I am still standing.
certainly seems easy for the longs - like artificially easy
ReplyDeleteeven me - who is not convinced of the recovery has to recognize a lot of charts are turning positive and that could force the technicians/computer to go more aggressively long and you don't want to be short that so have to be careful here
ReplyDeletealthough i still believe the S&P 500 goes below 1000 in 2010 - i may be one of few these days, so maybe i am wrong
however, bullishness is getting towards extreme levels so if "something" happens that really spooks the market we could go down big, quick
that said - i don't see an event like that thru the end of the year while bulls press higher for the santa claus rally!
VIX lowest in over a year - complacency or is everything going to be alright in 2010
ReplyDelete