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remember the famous trading adage... never go off your meds during a bear market !!!!!!!!!!!!!!!

What if there's no bottom............ but just a thud for the next 12 months..... of course this is a so-called seasonally positive time for stocks ahead.

Looking like 9000 +/- 2-5% is likely/probable st bottom.

WHERE is Greenspan when we really need him?!

only problem with Friday is who wants to take home positions over weekends! But maybe a large intra-day rally this Friday might work... and then a re-test of low on Monday. I would not take a ST long without seeing an outside day or better yet KEY reversal. If Bernanke shaves his beard I...

ST bottom coming on Wednesday at 10:45 am. That's what my fortune cookie said! Let's see how accurate it is.

Do you think you will make it to the "long run".... taking 3 contract positions with volatility at these levels... with that size account!!? If so, why? What do you think will stop you from being this greedy next time? God? Momma? Your post-it memo on the monitor saying -5K+?

hey... is a "genuine" mistake different than a NON-genuine mistake? Can a genuine mistake become a non-genuine mistake by trying to correct the genuine mistale by throwing another non-genuine mistake after it?!! In trading, that is?! LMAO to what I still read here after almost 18 months...

Then it's not a "trade"... it's a HAIL MARY with no discipline and will only lead him to final ruin sooner rather than later. Best thing that could happen would be to take a large loss... and LEARN from it... not sit with a HOPE trade in a major falling knife downtrend! Get it affan? Trading...

Beleive it or not the above post is actually the truth for most "traders" like affan who go on ET and cry about a stupid mistake but then in later posts continue to reveal that they have NO clue about risk/reward !!

Yep so typical of the incompetence at the FED!!!! Let's not bite the bullet in the short run and allow things to stabilize in the free market. Nope. Let's get out of debt by taking on MORE debt. Only problem is... it is not Bernanke's savings that he is spending! UNREAL!

YEP! The above is a classic sign of a trader who never was and will never be.... lack of responsibility for his mistakes no matter why or what the reason. Classic sign number two is he or she is too stupid or sophomoric to glean any wisdom from responses they get and characterizes them as...

Through all these years I find it so interesting that guys are in still in such rush to be the first on their block to buy a ---down----trend. Like, what's the rush? Guess some traders wil never get the risk reward ratio paradigm.... they only see the reward. There are always counter...

I waited 2 years to short oil.. then put friends and family into straddles and strangles (OIH) when oil was in upper 120s looking for oil to be in 80-90s by late summer... was still holding long puts until I took some off table today.. and rolled out and down in 1/4 amount... but added calls...

well look at the good side... if you make that same dumb mistake 2 more times you won't have any money left in the account.... so you can take a nice long shower then!

One thing for sure... this is a traders market... but only for the best and nimblest... with iron-clad discipline! So that's about 20-25 guys on ET.

good post Yes McCain has shown his true soul and it ain't pretty!

wow each year there are morons posting meaningless garbage but not actually taking positions in accordance with their recommendations! Hey when you buy GOOG tomorrow post your account statement for all to see!

Hey mommie and all investors in my fund... I am going long because "the average bear market is down about 30%"!!

That's assuming you can actually RELY on those book or net asset values or forward earnings! Get it ? DUH!