rdkyote Posted January 11, 2018 Report Share Posted January 11, 2018 This has to be the most boring market ever. I would rather repaint my house and watch it dry between coats... Link to comment Share on other sites More sharing options...
rdkyote Posted January 11, 2018 Report Share Posted January 11, 2018 To kill the boredom, I've been doing some technical analysis by running though the charts. They all look like this, so I'll save the trouble of posting any of them Link to comment Share on other sites More sharing options...
CandlestickIT Posted January 11, 2018 Report Share Posted January 11, 2018 how many bears continue to miss this rally wasting time shorting? they always have a million reasons for wanting to short, but they never work. just get long and go for the ride until 2019 so what if they treasury borrows more $? so what if the fed drains a few billion a month? yawn they have sooo many places to get $. just remember that chart from yesterday, Dow 155,000 by 2042 Link to comment Share on other sites More sharing options...
CandlestickIT Posted January 11, 2018 Report Share Posted January 11, 2018 This has to be the most boring market ever. I would rather repaint my house and watch it dry between coats... i like watching this color GREEN paint dry long live the bull Link to comment Share on other sites More sharing options...
CandlestickIT Posted January 11, 2018 Report Share Posted January 11, 2018 banking index gong to fly to ATH in a few days, will push Dow over 26k in a new york minute Link to comment Share on other sites More sharing options...
CandlestickIT Posted January 11, 2018 Report Share Posted January 11, 2018 only short bonds and utilities that's the easy $ short Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 11, 2018 Report Share Posted January 11, 2018 Shorted ES at 2759. Stop above 2765. Got stopped out earlier at 2766.25 for -7.5. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 11, 2018 Report Share Posted January 11, 2018 how many bears continue to miss this rally wasting time shorting? they always have a million reasons for wanting to short, but they never work. just get long and go for the ride until 2019 so what if they treasury borrows more $? so what if the fed drains a few billion a month? yawn they have sooo many places to get $. just remember that chart from yesterday, Dow 155,000 by 2042 You might be right...and yet...you might be wrong OR if it trade sideways you might be right and wrong. We'll see what tomorrow brings. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 11, 2018 Report Share Posted January 11, 2018 Can market reward "majority" over the long run? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 11, 2018 Report Share Posted January 11, 2018 I still remember that winter of 1999. Everything seem fresh in my head even after 20 years. The nasd climbed relentlessly. Day after day. Night after night. The financial news would reward any company that would attached themselves to DOTCOM. Prices would go up 10-20% daily. It was wild. I made a lot of money during that stretch. It was easy JUST LIKE Today. TOO EASY. The parallel between then and now is incredible. Instead of DOTCOM..you have BLOCKCHAIN. When a lemonade company changed it's name to "Blockchain" and it rockets 200-300% out of no where, you have a situation where everyone is on one side of the boat. History might not repeat, but it certainly will rhyme. I'm going to continue to take some light sniff at this on the short side and see. I think this market got a date with lady red real soon. Link to comment Share on other sites More sharing options...
zero_value Posted January 11, 2018 Report Share Posted January 11, 2018 I still remember that winter of 1999. Everything seem fresh in my head even after 20 years. The nasd climbed relentlessly. Day after day. Night after night. The financial news would reward any company that would attached themselves to DOTCOM. Prices would go up 10-20% daily. It was wild. I made a lot of money during that stretch. It was easy JUST LIKE Today. TOO EASY. The parallel between then and now is incredible. Instead of DOTCOM..you have BLOCKCHAIN. When a lemonade company changed it's name to "Blockchain" and it rockets 200-300% out of no where, you have a situation where everyone is on one side of the boat. History might not repeat, but it certainly will rhyme. I'm going to continue to take some light sniff at this on the short side and see. I think this market got a date with lady red real soon. So maybe we do get 2800-3000 in the climax.......Added to UVXY after hours @8.67 average down to @12.00.....Not great but need to hedge more heavily as we get to the mountain top...... Link to comment Share on other sites More sharing options...
BreakOut Posted January 12, 2018 Report Share Posted January 12, 2018 Some highly respected folks are showing up, saying "something really don't feel right". Link to comment Share on other sites More sharing options...
DrStool Posted January 12, 2018 Report Share Posted January 12, 2018 Rule Number 1. Don't fight the Fed. Link to comment Share on other sites More sharing options...
DrStool Posted January 12, 2018 Report Share Posted January 12, 2018 Superseded by rule number 2. The trend is your friend. Don't fight the tape. Link to comment Share on other sites More sharing options...
aussiebear Posted January 12, 2018 Author Report Share Posted January 12, 2018 ---> Fluttering Friday http://www.capitalstool.com/forums/index.php?showtopic=13150 Link to comment Share on other sites More sharing options...
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