Bull Market - Nov 13, 2007 thru Jan 18, 2008 - Page 3

well according to earlier posts, he was saying it was going to bounce on every red day. of course if you say it everyday you gotta be right sometime, right?

Asian markets should do very well
Nikkei +500 or more and Hang Seng +1000 tonight

Guys, the market doesn't overreact or have any emotions.
The market is an auction, with buyers and sellers.
Their emotions and sentiment moves the market to find common ground.
It's this perceived value we need to be in tune with.
The price is dictated by what others see as the value.

Like a silly comic book selling for $10k, that's how the dow at 14k looks to me at this point.

Will I change my mind if the downtrend is broken on big buying pressure...NO DOUBT! Just like someone sees $10k of value in that comic book.

True there Amp. I see your point.

Obviously, after so much bloodshed, the markets were due for a green day, where Lucky will earn his credibility is if indeed this bull market runs from the dates that he posted.

If so he deserves the applause if not then it just another mistake.

Or always coming here and being a contrarian just to sound like you know what you're talking about.

we all saw it this morning. the markets were already there when you posted it

This is the first time he's started a thread making such a statement.

He's put his opinion on the line. Make your own prediction and let's see who comes closer.

He means, now that you are proven right for at least today, we all knew it anyway so you're not really right.

OH SNAP!
We now have a full blown pissing contest, let's hope it's not into the wind.

if you follow the market thread at the top of thread list, he says it every single day and no matter whats happening

let me remind you of what you said...
"I am in full bull mode the rest of the year. We have done pull backed and that won't be happening again until next year. But that is me."
this was posted at 10 am after market open in the market thread at the top of the thread list. did i say anything about today going red? no. i said look at the volume, and asked you if you wanted to revise your "full bull mode" statement. its getting near EOD and the volume is not bad..ill give you that - but its still not a great thing because with this move there should be more volume IMO.

yes, this thread was posted before market open. and yes, the futures were up fairly good...which we all saw. i dont think anyone was thinking it was going to open red at that point being able to see all of the other conditions. hence, everyone could see the same exact thing

And I thought it was just me.

I don't agree with your side, but thats the market. 2 sides to drive it.
I respect your opinion, and reserve the right to think I'm right.

I probably said some stuff in gest that was out of line and I apologize.

I daytrade so honestly I don't care what direction the market goes...I don't wish anyone losses though.

Good luck on your prediction.

Mmm well as for now Lucky has it right. I think we're gonna have to see the next couple market days to see what's gonna happen. Personally I think this is just a temporary bull market, and that it's gonna head down soon, but it does make for a good opportunity to make some money short term.