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| alf44 2,025 posts msg #68142 - Ignore alf44 |
10/7/2008 2:57:56 PM ...smelly fingers EVERY DAMN TIME !!! I AM ... "alf44...Lord Of The Idiots" !!! |
| marine2 963 posts msg #68179 - Ignore marine2 |
10/8/2008 9:32:26 PM Once the Dow Jones Industrials dips into the 8,000's begin your cherry picking. You know eventually this is going to bottom out and we are getting pretty darn close. With all the money going into our banks, and our government buying up bad loans, plus world banks getting new monies, and with the new global rate cut our market is getting ready to turn itself around. 3 years from now you will look back on these days as one of the greatest stock picking times of our lives. Let's make some money. |
| alf44 2,025 posts msg #68181 - Ignore alf44 modified |
10/8/2008 9:41:20 PM We will see a "Hair on Fire" rally...before we see (IF WE SEE) ... "DOW 8000s" !!! imo So...you best be looking for selective LONG positions...in the interim !!! I'm LONG here ! fwiw |
| maxreturn 745 posts msg #68184 - Ignore maxreturn modified |
10/8/2008 10:27:50 PM Ummm...It's a good idea to frequently check the longer term charts. Draw your own conclusions. Last time a yearly low was broken we were down for another 1.5 years all the way down to the sub 800 level:  |
| alf44 2,025 posts msg #68185 - Ignore alf44 modified |
10/8/2008 10:53:08 PM max...I'm not calling a "bottom" !!! I'm not so stupid as to ignore the "long term chart(s)" !!! I have been very vocal here at SF on other threads about my "Bear Market" views !!! Just saying...that...right here...right now...there is more risk in being SHORT...than there is in being LONG !!! imo So...as I said...there will likely be a "hair on fire" rally...in the very near future !!! I have positioned myself LONG ... based on that assumption !!! So far...I'm a day or two early...but...nevertheless...I AM LONG HERE !!! Regards, alf44 |
| alf44 2,025 posts msg #68186 - Ignore alf44 |
10/8/2008 10:57:05 PM ...gulp... |
| alf44 2,025 posts msg #68188 - Ignore alf44 |
10/8/2008 11:17:05 PM fyi...the QQQQs...after today...have seen 9 consecutive LOWER HIGHS ! ...the IWM (the Russell 2000 ETF) ...has seen 9 consecutive LOWER HIGHS ! ...and get this... ...the MVV (the Mid Cap 400 Ultra Long ETF) ...has seen 13 consecutive LOWER HIGHS !!! Now...that's just freaken ridiculous !!! "Hair On Fire" rally...upcoming !!! Git yer popcorn ready !!! Regards, alf44 |
| johnpaulca 12,036 posts msg #68190 - Ignore johnpaulca |
10/9/2008 12:53:40 AM I think this rally could start tomorrow...i have done some scientific research using tea leaves and corn ears. lol |
| FuriousThug 256 posts msg #68191 - Ignore FuriousThug |
10/9/2008 1:17:42 AM I can't figure out whether to pick my bottom or get ready to douse my hair...either way, sounds like a smelly proposition. |
| alf44 2,025 posts msg #68210 - Ignore alf44 |
10/9/2008 9:23:18 AM Git yer popcorn ready !!! ---------------------------------------------------------- |
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