So this market doesnt even pullback anymore?
Its actually going up EVERY day. I wasnt expecting a major pullback...but we
arent even getting minor pullbacks.
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im not out but ive been selling everytime this market rallies and well im
running out of stuff to sell :(
Blurpkin is "in" not "out". We closed our eyes together and
started buying this piggy market like a month ago, using the "buy high;
sell higher" method...lol... actually I have no idea what blurpkin did.
I think we get a pullback (for more reasons than one, like suckier earnings). I
see no reason why MM's (as Kartatr calls them) shouldnt take advantage of the
window to play some super slick games, once the quarter is over.
However, theres more than enough good reasons/ways to keep holding, as Ryan (the
extraordinary stockpickr) pointed out the other day...like who really needs to
sell anyway...everyone can withstand some pain after this run up...and
side-liners want some of this action (likely to buy pullbacks).
So yeah, the bull market is on fire...did I say "bull"?... lol...its
really a "BULL" market thats for sure...lol... the govt purchased us a
nice "bull" market, the least we can do is hold some stocks and enjoy
it...lol
Chris, he's not out. He's on a work furlough. lol
hey blurp, when did you get out.lol:)
patrick,
not all bull markets have evenly spaced out corrections. and yes, ACTUALLY, this
is the nature of bull markets. you have over 70% odds that coming out of a
recession, you dont even have a 10% correction with 12 months.
its odds, its history, its human nature, not cute lil opinions of the way things
'should be'.
It's exciting but if you think back, this is where the market was in January
pretty much.
Not extravagant and aapl has grown some more since it was last up close to 200.
Not pricey, not really.
get use to it...
it's like Japanese subway:
if you want in, you better be prepared to PUSH youself in LOL
that is not the nature of bull markets.pullbacks and small corrections happen
all the time in bull markets. this is the nature of a very very confused and
scared market.the fear is being left out of this rally or betting against it.no
one wants for fight the tape by shorting and no one wants to sell as fear of
selling to early.what this market is saying right now it that this is a massive
V shaped recovery,the recession is over and massive growth lies ahead. we r
priced for perfection right now,any bad news and its going to get hit.
such is the nature of bull markets.
study some history
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