Comments on: Link: Historical Perspective on Recent Bear Markets http://blog.afraidtotrade.com/link-historical-perspective-on-recent-bear-markets/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Corey Rosenbloom http://blog.afraidtotrade.com/link-historical-perspective-on-recent-bear-markets/comment-page-1/#comment-1503 Corey Rosenbloom Fri, 31 Aug 2007 23:33:19 +0000 http://blog.afraidtotrade.com/link-historical-perspective-on-recent-bear-markets/#comment-1503 Glyn, I read a report today also that stated that today's rally was in part due to "End of Month" buying and repositioning in front of a holiday (holiday effect in the market), which squeezed the shorts, causing them to buy to cover. All those pressures are in addition to the buying caused by traders reading positively into Bush's/Bernacke's speeches. Such things happen at the end of the month. The up move was not as pronounced as I would have expected (a 200 to 300 point move either way would not have surprised me). I hold no open swing positions, and only capture small pieces during the day, mainly on the ETFs themselves. I also do well with the @YM futures. With the market being so 'reactionary' as it has been, cash is king, as you stated. All the best, Corey Glyn,

I read a report today also that stated that today’s rally was in part due to “End of Month” buying and repositioning in front of a holiday (holiday effect in the market), which squeezed the shorts, causing them to buy to cover. All those pressures are in addition to the buying caused by traders reading positively into Bush’s/Bernacke’s speeches.

Such things happen at the end of the month. The up move was not as pronounced as I would have expected (a 200 to 300 point move either way would not have surprised me).

I hold no open swing positions, and only capture small pieces during the day, mainly on the ETFs themselves. I also do well with the @YM futures.

With the market being so ‘reactionary’ as it has been, cash is king, as you stated.

All the best,

Corey

]]> By: Glyn http://blog.afraidtotrade.com/link-historical-perspective-on-recent-bear-markets/comment-page-1/#comment-1502 Glyn Fri, 31 Aug 2007 09:24:31 +0000 http://blog.afraidtotrade.com/link-historical-perspective-on-recent-bear-markets/#comment-1502 Interesting piece and I share the writers disblief re the 'noise' generated. I'm somewhat fearful however that the Fed/Bush combination is about to re-stoke the fire and blow the credit balloon up even further. It would appear that there's now an unwritten mandate that the market can/must only rise. Sitting short several stocks currently and still mulling over todays possible seqenece of events: might be safer to get to cash and wait and see. Interesting piece and I share the writers disblief re the ‘noise’ generated. I’m somewhat fearful however that the Fed/Bush combination is about to re-stoke the fire and blow the credit balloon up even further. It would appear that there’s now an unwritten mandate that the market can/must only rise. Sitting short several stocks currently and still mulling over todays possible seqenece of events: might be safer to get to cash and wait and see.

]]>