Oil is still very low compared to its range over the last 18 months. The market rallied under much worse scenarios with both oil and Iran last year.
People keep talking about the volume being weak on rallies, which I'll admit is true....but the volume on these selloffs has even been more...
48 posts? Well, sorry, I'm a little too busy with the markets to post 16,000 times on here (or whatever it taes to make one a self-proclaimed...
Hmmm, this thread is a little quiet today. C'mon, subprimes, carry trades, Dow 11,000 anyone??
Yessir, wonderful idea from Edwards. Open the floodgates, let the immigrants in, and give em' all the free heathcare, welfare and every other...
I think you got the answer. Lots of shorts who probably entered near the correction bottom are trying to rationalize. They're trying to...
I imagine those short swing/position traders who jumped in when the S&P was around 1380 are just a bit uneasy right now...
The volume was also lower on the second round of the selloff last week. That's always a good sign for a double-bottom--at it was a textbook...
I think that's the problem. When there's a consensus in the financial press, it's usually a contrary indicator.
Good, sensible post. The permabears call for all of this doom-and-gloom every time we hit a 5-7% correction. It's always the end of the world...
Thanks, Sunggong. You said it well. For that matter, the Dow 36,000 permabulls may be right, too, in a few more decades. But that doesn't make...
Let's see....$100 oil, Fannie May collapse, nothing but bearishness for U.S. stocks since the turnaround in 2003...
It's also a week old and no longer relevant. The second round of the selloff wasn't on record volume. In fact, the day with the lowest...
I guess I agree with her more or less, but I'm no Cohen fan. It's amazing how someone still has clout after making 1 lucky prediction 20 years...
You may be right. Rogers is one of the most likeable permabears...but he's still a permabear. He's calling for a decade+ rally in...
Word on the street: the permabears all over the world are plotting to hold hands, chant about subprimes and execute their favorite trade (a...
Actually, 50% isn't a Fibonacci level. Just a popular retracement that's been added to most Fibonacci tools. I believe W.D. Gann first talked...
From the July low to Feb high is almost a perfect 38.2% retracement (1370) on S&P 500 so far. Yes, it dropped a few points below so far today,...
If you're so much smarter than the market, since you know what's priced in and what isn't, can you please give us objective track record of your...
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