Is the Market Reversal Already Happening? [View article]
I agree with marketman...However, I'm not sure that one can't make money over the next few months. I believe we'll remain in a narrow trading range, and any nimble trader buying on dips and selling on rallies can make a decent return.
Friday Wrap: This Market's Running on Empty [View article]
Regarding SDS and the "inverse" etf's...I got caught up last year buying into UYG , the pro "up" financials. I started a position at 20, kept buying in, got heavier as it went lower. Really "gunned" it when it hit around 8 thinking surely that was the bottom in financials." Wrong," it went below 3, I got out on a bounce at 3.12. Even now its below 6. It will never get to 20 again. These products are nothing but financial suicide! Stay away! I lost enough to buy a fairly nice vehicle, and Lord knows I need one now.If you want to gamble, might as well go to Vegas...and at least enjoy some pretty women on the way down.
Global Markets Weekly Trading Preview: Does This Rally Have Legs?
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As always (and this never changes) mom and pop Americans are going to get destroyed in what sure to be a nice big market correction back to the 750 level on the S & P sometime later this year or early next year. I personally will once again buy as they sell
Thats right...it's always that way. These folks getting in here at the top are going to get crushed. The market is saying. "the water is lovely, come on in and enjoy, take a swim. Bam! They're gonna get their head taken off by a shark.
The Rally, When It Comes, Will Be a Doozy [View article]
I hate to be negative..., but things usually turn out exactly opposite of what we expect. What if we dont get a snapback rally. Everybody is expecting it;it may not materialize.
How Much Downside Could Still Exist? [View article]
Just about when everyone thinks the "all clear" is here and everyone gets back in, thats wnen the bottom will drop out and that will mark the true bottom. Then the market will probably remain flat for some time. I have personally just about given up on stocks. I believe if one has any money left now, they should hang on to it. I've lost a bundle allready. Enough is enough!
Is the Market Reversal Already Happening? [View article]
Friday Wrap: This Market's Running on Empty [View article]
Global Markets Weekly Trading Preview: Does This Rally Have Legs? [View article]
Thats right...it's always that way. These folks getting in here at the top are going to get crushed. The market is saying. "the water is lovely, come on in and enjoy, take a swim. Bam! They're gonna get their head taken off by a shark.
Are You Buying This Rally? [View article]
Thanks for the encouraging words...I need it right now
The Rally, When It Comes, Will Be a Doozy [View article]
How Much Downside Could Still Exist? [View article]
Markets Are at a Crossroads [View article]