The only way is up SP500 FTSE

[count12]

I would not want to be short the SP500....she is heading up to the 2300- 2350 level.
Going to start real soon I feel. Just my opinion.

 

[count12]

The only way up 2

Looks like everybody is long.....ha

 

[count12]

Keep those stops tight if your short! Warning Warning

 

[count12]

short?

The shorts are going to be taken to the wood shed!!!!!

 

[count12]

The shorts are going to be taken to the wood shed!!!!! [/QUOTE

Anyone think were going south? I can here the axe being sharpened!

 

[tomorton]

My trend-following criteria say Buy. Its just a matter of picking your entry price. Nobody should be short still / yet (except maybe some intra-day trades on the right day).

 

[count12]

My trend-following criteria say Buy. Its just a matter of picking your entry price. Nobody should be short still / yet (except maybe some intra-day trades on the right day).

Big move day?

 

[tomorton]

EUR price is very weak and minor USD pairs are strongly up so far today so good probability, yes.

 

[ptlambi]

My trend-following criteria say Buy. Its just a matter of picking your entry price. Nobody should be short still / yet (except maybe some intra-day trades on the right day).

Intra Day shorts have been working mostly but at the Moment every Fund manager and his Dog are piling in

 

[fxstrategist]

the trade may be getting too crowded, so just be attentive.

 

[pennycapitalist]

If every trader knows the market is going up, and if every trader puts his money where his opinion is, then every trader would be long. If everyone is long today, who will buy tomorrow? Is this not the stuff of a reversal? It just seems classical!

 

[tomorton]

Hi pennycapitalist - Not everyone will be long and not everyone stays long forever. All trends have pull-backs.