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Post by Cosmic on Jun 6, 2011 19:45:25 GMT -5
Baby bull only because we're due
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Post by Rich on Jun 6, 2011 19:49:20 GMT -5
I think we see bull during the day but end up baby bear.
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Post by brosin on Jun 6, 2011 19:57:12 GMT -5
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Post by cosmic on Jun 6, 2011 20:00:27 GMT -5
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Post by Clinton SPX on Jun 6, 2011 20:02:15 GMT -5
gold and oil bullish
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Post by kbk3ck on Jun 6, 2011 20:27:07 GMT -5
Bull. ;D
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Post by maxi on Jun 6, 2011 20:51:02 GMT -5
Baby Bear
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Post by demanuel2001 on Jun 6, 2011 20:53:50 GMT -5
I'd say bear but the market knows when I don't mean it - Bull
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Post by novice08 on Jun 6, 2011 21:26:40 GMT -5
Bear, maybe this will help us bulls...
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Post by puurfectten on Jun 6, 2011 22:51:18 GMT -5
gotta stay bear...this is weird...just like a controlled grind down...like they're gently taking us down to a lower range...no panic yet...i was expecting alot of stops to get tripped...maybe they r down lower... ..where's our level 3 when we need it....
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Post by maxi on Jun 6, 2011 23:17:57 GMT -5
futures are hinting at a baby bull. if we are still going lower it will NOT be like 2009 so don't look for that. the big down days will be based on a report or event. and a range market is still entirely possible.
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Post by maxi on Jun 7, 2011 8:10:41 GMT -5
Told yah so.
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Post by brosin on Jun 7, 2011 9:31:24 GMT -5
Could easily see the market selling off today - Ben is talking, so if he doesn't come out and say "QE3 - QE 642642643089 on the way," mkt might make it appear that that's a bad thing?
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Post by Rich on Jun 7, 2011 10:09:45 GMT -5
previously he had said other facets of said stimulus/QE will remain intact for the time being...interest rates low etc.
I think he'll stick with that and the markets will continue to tumble.
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Post by maxi on Jun 7, 2011 11:29:09 GMT -5
All yah need for a Baby Bull is +1...
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Post by maxi on Jun 7, 2011 11:33:13 GMT -5
On the reality side tho He is not going to do Q3 NOT NOT NOT. As for the market reaction? I still maintain that complete novices are trading this market. AT EVERY LEVEL. So there could be an initial reaction and then the real reaction. A definite "don't get yer panties in a bunch" moment...
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Post by Rich on Jun 7, 2011 16:48:37 GMT -5
I think we see bull during the day but end up baby bear. my goodness, I'm a genius
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Post by Rich on Jun 7, 2011 16:51:39 GMT -5
or..... even a blind idiot gets lucky now and then
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Post by Clinton SPX on Jun 7, 2011 17:06:54 GMT -5
I think we see bull during the day but end up baby bear. my goodness, I'm a genius \ good call and gold and oil closed green so I hit my call too
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Post by brosin on Jun 7, 2011 17:08:41 GMT -5
the funny thing is that the market is going to whine and cry about not getting its easy credit
but the strength of the underlying consumer must be tested at some point... there is no such thing as an easy way out of this problem
if prices get cheaper, will the BTFD crowd still be there, or is it nonexistent? IF the economy and its prices are warranted, the dip will get bought up by PRIVATE DEMAND
if the prices are unwarranted and everything is still due to get cheaper, we might as well get it over with. until we let the market get to true price discovery, i don't think we'll really be better off as a country. this bailing out the world at our expense crap is just digging our own grave...
if the fed and govt (essentially the same regardless of what they say) keep providing the only demand through stimulus, eventually you end up at my signature of all my posts...
game is called monopoly for a reason ;D
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