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It's hard to analyze 87 because most data providers don't go back that far. So we don't know what was going on. One thing I'm seeing today that's positive is that gold is coming down. Gold & the S&P have been negatively correllated lately. That's what makes this strange. Gold is down yet...

NakedNews.com is calling it a bottom. They should know.

S&P up almost 60 pts from its low. This is good.

I believe today is the day they auction off the Lehman CDS. I think this is what the market is waiting for. I think the pro's have sold the news in advance and as long as the results aren't terrible we should see a move up.

I like to have some kind of confirmation that we have bottomed out. What indicators should I be watching? I already added on to my position around 980 of the S&P thinking we bottomed there. Now we're at 880. I hate to add on here and then go to 780. ;) Seriously, what is the sign that...

To me it looks like nasdaq is stronger (going down less) so I'm thinking it's safer to buy QQQQ or NQ instead of individual stocks and XLF. That's my plan, I'm just waiting for some indicators to turn up (less new lows, more advancers, etc.)

Please put me out of my misery! Heheh.. seriously, was today a capitulation day?

It's funny looking back at the posts made before the open today. +800 predicted and we got -600. :(

I keep thinking about it, the S&P just hit -6% for today! If it weren't for the nasdaq holding up better I'd be a bit more pessimistic. I don't mind holding and waiting it out, I just hope it doesn't take a year to go back up.. I think the pro's must be buying. We will have to wait...

Why is everything thinking there are no buyers. Someone is buying this stock. The only people I know that have deep enough pockets to do it are the professionals and the stupid (you can put me in the latter)..

I'm long too. I think the down move is over. Peak volume yesterday and doji, and today volume drops off. My fear is that instead of a big bounce up, the markets will just stay flat at this level. That means us longs will just have to sit it out..

They're buying. For every seller there is a buyer.

I'm curious who is doing the selling and who is doing the buying? What I think is that individuals are selling and professionals are buying. Is this correct? If so why wouldn't the individuals just do what the professionals are doing? And if the professionals are buying, why would...

This morning I saw signs that the market was bottoming out so I shorted one ZG. Then when the rally started I shorted another. I expect gold to go down tomorrow like bonds did today. If people think the market is safe again, or even better, that there are big bargains available, then they're...

What happened to gas today? This was more than running on empty, gas was in reverse! That really stung. Anyone know why it happened? Oil held up much better. What's the outlook for tomorrow?

Hmm.. I can't find it either. Usually you can get it from the company's website but I can't find it.

Thank you for selling me your gold. :)

Or look at a list of UNG's holdings.

I've been long gas for a week now. I was short oil but I covered last week at a loss. Now I just saw the premium and went long nov contract. I expect a pullback in oil but who knows. I think the trend is up. So I guess that means my opinion is that gas will go up even more.

UNG is the ETF. You can also do mini gas futures (QG).