Stock Trading and Other Things

Any ideas on where the stock market is going from here?

I've recently gotten into trading options, but I've also noticed that pretty much every stock I look at has gone up since March, and my RSI isn't helping me much. It basically has all the stocks at 50% right now, so there is no indication whatsoever of which way the market will go from here. Any ideas?

Public Comments

1. in general: up, because of sucky artificial inflation, then eventually-down faster and harder than it just did recently. but id expect the market to go up now

2. It's the budget( and the expectations) which is keeping the market up with profit bookings coming in for every 250-350 points rise.Most experts expect a 15-20 % correction going forward,probably in July.I would wait for it to enter the market.Right now,it's sellers market.

3. Temporarily sideways. There's a lot of contrasting opinions, but second quarter earnings reports next month might help.

4. Throw three red darts at a stock list and three green darts at a stock list. The green darts are buy and the red means don't buy or sell if you own. Then second guess yourself. Finally, curl up in a ball and cry.

Joking aside, the dart technique actually out performs 90% of professional investors on several tests over the last several decades... just make sure you are blind folded!

Sorry, I'm a Forex kinda guy.