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10/27/2017 Live Update

Re: 10/27/2017 Live Update

Postby Cobra » Fri Oct 27, 2017 1:38 pm

the pullback will be bought.
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Re: 10/27/2017 Live Update

Postby Wallstreetrader » Fri Oct 27, 2017 2:00 pm

What a surprise ,the market make new highs :mrgreen: :mrgreen:, it simply go up and up and up up upupupupup jesus what freakin crazy market !
7 streak week omg :!: :?:
From here is very hard be in ... bye bye will wait for a new dip
Have a great weekend and end of month is close.
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Bull Market No dought !
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Re: 10/27/2017 Live Update

Postby Trades with cats » Fri Oct 27, 2017 2:40 pm

Wallstreetrader wrote:What a surprise ,the market make new highs :mrgreen: :mrgreen:, it simply go up and up and up up upupupupup jesus what freakin crazy market !
7 streak week omg :!: :?:


Welcome to "It's Different This Time" and "A Brief History of Financial Bubbles".

What I have read is that the third stage is when the chart goes hyperbolic (well near vertical) into the blow off top where any and all capital is sucked in. When the fresh inflows stop something, most anything, can trigger selling and then a panic hits. Everybody knows this but everybody thinks they will see it and have time to get out.

Everybody who managers other people's money has no choice but to stay in because the client does not want to miss out. When the drop comes and they lose big time they will be sad but hey it happened to everybody and "no one saw it coming". This is why the new world of behavioral economics is so fascinating. How else can you explain things like Tesla!
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Re: 10/27/2017 Live Update

Postby Cobra » Fri Oct 27, 2017 3:13 pm

the pullback might be bought again
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Re: 10/27/2017 Live Update

Postby fehro » Fri Oct 27, 2017 3:14 pm

Trades with cats wrote:
Wallstreetrader wrote:What a surprise ,the market make new highs :mrgreen: :mrgreen:, it simply go up and up and up up upupupupup jesus what freakin crazy market !
7 streak week omg :!: :?:


Welcome to "It's Different This Time" …...


Bond money may roll into equites/dollar.. bond market x2-x4 size of equities .. we could have lot more room to go up SPX.
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Re: 10/27/2017 Live Update

Postby Cobra » Fri Oct 27, 2017 3:30 pm


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Re: 10/27/2017 Live Update

Postby Cobra » Fri Oct 27, 2017 3:56 pm


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Re: 10/27/2017 Live Update

Postby Cobra » Fri Oct 27, 2017 3:57 pm

well, guess that's it for today. Monday has been bull friendly. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp
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