Dead Bear?

[DEP]

Are the bears dead? Am I alone, still holding on to my shorts (daily accumulation of TOPI shorts)?

[HateGauteng]

I just exited my longs. Hope not too soon. This sideways moving market has got me flabbergasted. Didn't make any money in Feb. At this rate, I'll have to go and look for a friggin job.

[kwagga]

I won't claim this is a bear or a bull market. It's a volitile market trading sideways in a range. Neither the bull rally or the bear has been confirmed in the last three months. It seems that the way to trade the market is small buys and sells on market strength and market weakness. Let's just call it traders market.

[Werner_1]

in the past 12 months, the market was quite good for the bull...

[DEP]

Good, now the next 3, 6 and 12 months? Is it going to be good for the bull?

[Ninja]

when the market is this choppy and moving sideways why not trade the index or forex? Forex especially is is almost free to trade and allows you to scalp the markets even when the stock market is slow and impossible to trade.

[HateGauteng]

Ok, I've just gone and shorted but can't help feeling like an idiot anyway.

[#8]

with a quick rise in the ALSI and TOPI in the last 1 hour, well you said it '-)

[john_1]

hey CPS go post on my funding thread. and why have you not sent me a mail..

[DEP]

Eish, we will fight another day!

[HateGauteng]

Now if it wasn't for the supercomputers and last minute "tweaking," to close the Dow just above 10400, we'd have a nice crash and burn tomorrow. Well let's see what happens.

[DEP]

The bears has gone into hiding...

[grommet]

nope just road kill

[topgun]

You might want to hold that thought...methinks the near-term upward momentum is starting to stall across global markets...the fuel might be running low?

[HateGauteng]

FTSE is down, dunno what makes us so special??

[#16]

they rose after we closed yesterday

[HateGauteng]

Ah! So we need to play catchup - now where's those gap traders?

[saash]

We didn't gap - but we did 3 days ago - which makes a continuation of this rally really likely. Make new short-term highs even?

[#19]

seem to be holding/hovering around 24730 mark (resistance from late last week). If it breaks up then we head to 24850 and then 25200 mark. if it decides to stop at resistance and reverse we could see a fall to 23700 and down to 23500. narrow range but market seems to be waiting for something useful to drive us up or down.

[Ninja]

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