We had a good run didn't we?

[piphoe]

Talking about US indices here. A good run but its over?

 

[EnlightenedJoe]

It's not over until it's over. It will hit you when you least expect it.

 

[piphoe]

why go any higher here? buy the rumor sell the news. sell the rumor...

 

[EnlightenedJoe]

why go any higher here? buy the rumor sell the news.

They have to keep pushing to force people to go long. Then they dump on the lot of them.

 

[piphoe]

They have to keep pushing to force people to go long. Then they dump on the lot of them.

this is the dump? this doen't feel good from here.

 

[EnlightenedJoe]

this is the dump? this doen't feel good from here.

It will be the dump once everyone and their dog are long. Are they ?

 

[EnlightenedJoe]

The dax and nekkei haven't been taken to all time highs yet. A dump seems premature now.

 

[piphoe]

The dax and nekkei haven't been taken to all time highs yet. A dump seems premature now.

straight up today off the open, i call BS on that. On a thurs. that;s all i am saying.

 

[EnlightenedJoe]

straight up today off the open, i call BS on that. On a thurs. that;s all i am saying.

Maybe it's BS. But they are not at all time highs. They have to go there to kill all the shorts. They think my stops are there for instance.

 

[piphoe]

i have a seriously sour feeling in my stomach...screaming "why go higher?"

"lower is easier"

is eeasier to get longs to sell here than it is to get shorts to cover...thats whats screaming at me

 

[piphoe]

you are in over your head

 

[EnlightenedJoe]

i have a seriously sour feeling in my stomach...screaming "why go higher?"

"lower is easier"

You don't have to trade them. There are plenty of other things to trade.

There is simply no way to tell when they will stop pushing.

 

[piphoe]

You don't have to trade them. There are plenty of other things to trade.

There is simply no way to tell when they will stop pushing.

a good place to burn confident longs imo. a thurs nothing happening on the slate thru weekend.

YOU aren't buying any more here are you

 

[EnlightenedJoe]

a good place to burn confident longs imo. a thurs nothing happening on the slate thru weekend.

YOU aren't buying any more here are you

Nope, a crash will do nicely with what I have got. It is not necessary to go all in when opportunities are available else where. Nothing wrong with wheat you know ? People will always need bread.

 

[piphoe]

Nope, a crash will do nicely with what I have got. It is not necessary to go all in when opportunities are available else where. Nothing wrong with wheat you know ? People will always need bread.

i wasn't speaking to you no way, you aren't over your head. i was speaking to me, myself & I

always second guessing myself

 

[EnlightenedJoe]

Well dax is going up one way or another. It's just a question of when it will make the all time high. Only 200 points. Could get there tomorrow.

 

[piphoe]

i think they call this "redistribution"? iow, they sell and we buy

 

[EnlightenedJoe]

i think they call this "redistribution"? iow, they sell and we buy

Well, be quick about it. This dax rocket is going vertical right now.. One blink and you have missed the boat.

 

[piphoe]

i would welcome a drop here, and not talking about your run of the mill.

i mean a serious free fall

 

[piphoe]

come on trigger that DEATH SPIRAL algo

no one knows where it is, but its there somewhere, lurking