alf44 2,025 posts msg #79947 - Ignore alf44 modified |
9/23/2009 9:38:23 PM
"The question you have to ask is would you open a long position now...."
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Call me crazy...but...I would answer this question with...HELL YES !!!
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Would I buy on the OPEN...tomorrow...uhhh...might want to take a bit of a wait-n-see !
Do I think we are in a STRONG UPTREND...uhhh...yes !!!
Do I think that this is a mere pullback within a STRONG UPTREND...uhhh...yes !!!
Do I think this is a "buying opportunity"...uhhh...yes !!!
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Am I currently LONG this Market...uhhh...HELL YES !!!
All in my opinion of course !!!
Regards,
alf44
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karennma 8,057 posts msg #79965 - Ignore karennma |
9/24/2009 9:09:44 AM
JP:
THAT little ditty yesterday WAS "the correction".
Watch us gap UP this a.m.!!
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karennma 8,057 posts msg #79968 - Ignore karennma modified |
9/24/2009 10:04:36 AM
Okay!
So, we gapped up.
But my screen is RED now.
RIMM-down
NTRI - down
DNDN - down
LEAP - down
BBBY-down
IYR - down
RWR-down
HGSI-down, but rebounded .. a pinch.
DSX - down .. OMG! I was gonna buy that yesterday! Ugh!!
JP-Congrats on shorting GOOG and BIDU!!
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Kevin_in_GA 4,599 posts msg #79969 - Ignore Kevin_in_GA |
9/24/2009 10:11:03 AM
Up on the unemployment numbers, then down on weaker homes sales data.
I've already lost more this morning on my BB portfolio than I did all day yesterday, and it's only 10 AM. Weird.
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karennma 8,057 posts msg #80004 - Ignore karennma modified |
9/24/2009 3:30:25 PM
alf44
alf44
9/23/2009 9:38:23 PM
"Do I think we are in a STRONG UPTREND...uhhh...yes !!!
Do I think that this is a mere pullback within a STRONG UPTREND...uhhh...yes !!!
Do I think this is a "buying opportunity"...uhhh...yes !!!
Am I currently LONG this Market...uhhh...HELL YES !!!
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Everything started going back UP around 2:30 PM.
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johnpaulca 12,036 posts msg #80005 - Ignore johnpaulca modified |
9/24/2009 3:35:42 PM
It doesn't go down in a straight line Karen. You always have the folks who miss the boat the first time and now see this as a buying opportunity hence pushing the market up just to be decapitated later on...imho
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alf44 2,025 posts msg #80007 - Ignore alf44 |
9/24/2009 5:03:11 PM
...still LONG...actually added today...uhhh...fwiw !!!
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alf44 2,025 posts msg #80034 - Ignore alf44 |
9/24/2009 8:43:37 PM
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karennma 8,057 posts msg #80060 - Ignore karennma |
9/25/2009 9:08:46 AM
okay, okay!
the sky is NOT falling!
LOL!
Is this THE correction? I don't know ... I'm inclined to think NOT.
Therefore, I will not short this market, but will buy the "dip".
:>)
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karennma 8,057 posts msg #80083 - Ignore karennma |
9/25/2009 1:17:12 PM
alf44
- Ignore alf44 9/23/2009 9:38:23 PM
Do I think we are in a STRONG UPTREND...uhhh...yes !!!
Do I think that this is a mere pullback within a STRONG UPTREND...uhhh...yes !!!
Do I think this is a "buying opportunity"...uhhh...yes !!!
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After buying that RIMM "dip" this morning (gap down to $70), and watching it drop another $1.., I decided, I DON't want to be on the long side of this market.
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