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Not applicable
Okay so we just making new highs 28000..... would this still carry on,we do need a pull back or what???? Just a Q
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10 REPLIES 10
el_torro
Regular Contributor
The Yen is gaining strength against the $, a similar trend to what happened in Feb that led to spiral..... I too would be cautious, but tell that to the mad people chasing stock at any price!
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Not applicable
Playa im sh1t scared to get in this market @ this point in time. But need to make up for some loses.....but its hectic.
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DST
Super Contributor
Sweet playa. You gotta meet BABYBOY. He's deep...
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Wizard
Super Contributor
When u make up your losses I'll call u 1Rand and not 50Cents anymore.
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SimonPB
Valued Contributor
the Yen may also have been gaining strength against the $ in feb, but was that what lead to the feb sell off? Does it have any bearing on todays high? I would say no to both.

Persoanlly I love new highs and consider them very bullish. Certainly over the last two years or so we have some 150 EOD highs on the top40, and it has been a massive bull trend all that time, so history tells me new highs should be bought rather then sold.
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SimonPB
Valued Contributor
certainly shorting the raging bull leads to loss of portfolio, just ask any of the missing bears here.
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Not applicable
Ja guys long time no hear...
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DST
Super Contributor
If you haven't been hear - where have you been? Sweet, man.
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SimonPB
Valued Contributor
an too harp on because this is a boring friday afternoon waiting for me wings to sunny CT.

Jesse Livermore always said; In a bull market there are only two positions worth having, long or neutral. In a bear nmarket there are only two positosn to have, short or neutral.
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john_1
Super Contributor
I recon If you asked Zing and her tantric teaching boy, she would say there are a lot more positions worth being in....
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