Where do we go from here?

This is a discussion on Where do we go from here? within the General Trading Chat forums, part of the Reception category; Right now it is premarket and the futures are down... At this inflection point i think it is time to ...

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Old Oct 28, 2009, 12:56pm   #1
 
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Where do we go from here?

Right now it is premarket and the futures are down...

At this inflection point i think it is time to pick a side of the fence. Lately I have detected a lot of bearish sentiment and I believe that it makes me a contrarian to believe that we are going higher from here.

I am bullish so much so that I would even go as far as to say that even if we went a little lower, I think that it would only be a fake out... Would any one else like to way in on the general short term market direction?
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Old Oct 29, 2009, 2:38pm   #2
 
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I think it's time we rally

0d39r33zk started this thread After such a run up... Is this all the pull back we are going to get? Will we revese lower in the next couple sessions in order to continue the pullback... Are will we rally to the 1100 level?

I for one think we will head higher into next month. With GDP improving the customer should have a little more spending power going into the retail season of the holidays. As it stands, I don't see a reason to go much lower as It will spell out doom's day for the broader indices...

Id like to know how everyone els feels about our latest Price action...
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