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Anyone live by this quote - " rather be out of a stock you wish you were in, than in a stock you don't want to be in" ? I heard it from someone and it has saved me a few times...

then dont tell people to buy

Don't know who Timmay is (from south park?) but LOL :D

Question: is the stock market in a new bull market? Answer: Outlook not so good

LOL!!!!

RSI was 30ish at the 130 level and I thought that was going to hold. This market is not for this type of stock - the momentum tech stocks of last year are going to get killed. I say get out and preserve capital and fight another day. Best lesson I learned.. Do not fall in love with a stock ...

I would stay out till your head clears...

ouch .. did I miss something? almost 5% drop in a day

don't think we go sideways - if we get reports of negative gdp this quarter we go lower - if not then we go sideways till growth speeds up

where you get the number 1420? any technical reason?

Long or short have about the same risks this week - lots of economic indicators coming out - don't get caught off guard , check the calenders if you need the info- could go either way this week - but that is just me. Personally me .. I am staying out for now - way too wild for me...

Lol to this thread ...

good advice - personally I took a bad beating before as well - do not attempt to trade the news ... by the time you heard the news , it's already factored in the stock price and your gain will be minimal or your loss will be significant. (very bad combo, small gain vs big loss) example ...

lol... this market is very weird , FED lowers forecasted growth and we close green .. not only that the futures are green right now as well. :confused:

from cnbc.com - breaking news "Fed Cut Its Growth Forecast for 2008 to Between 1.3%-2%. Cites Deepening Housing Contraction, Tight Credit" before in november they cut their forecast to 1.8 - 2.5% growth in 2008 ... things arn't getting better http://news.bbc.co.uk/2/hi/business/7104575.stm

Ouch .. 2 million real dollars ....

whoever called it before it turned red - good call

If your making more money and losing less money your getting better :p

If he is married I think they can still take the house even if it is under her name.

I actually wrote a post like this on this thread (except my post didn't accuse him of lying) but decided to delete it because I didn't want to sound like a dick. But anyways if you are in the US - check your account ... you probably have a margin call by now (flagged as a PDT and have 7 or so...