Yes, hold on....just re-name your "trade" a "long-term hold".
buy this dip
- Thread starter stock_trad3r
- Start date
Yes, hold on....just re-name your "trade" a "long-term hold".
Stock is only 10% of the man he claims, hence the "prediction", LOL!
NOW TIME TO BUY THE DIP
Markets way oversold
Here is a yahoo finance summary of todays market activity
http://biz.yahoo.com/ap/070726/wall_street.html?.v=61
From what I gather the selloff is overdone.
LBO's will still continue
And $78 oil also isn't a big deal
Meanwhile, the upward trend that began in 2006 is still intact.
Best of luck to everyone
Markets way oversold
Here is a yahoo finance summary of todays market activity
http://biz.yahoo.com/ap/070726/wall_street.html?.v=61
From what I gather the selloff is overdone.
LBO's will still continue
And $78 oil also isn't a big deal
Meanwhile, the upward trend that began in 2006 is still intact.
Best of luck to everyone
When you step back, this drop is rather puny, my gosh the dow has gone up 3000 points in less than a year.
I smell a rate cut! Yee haw!
Look at the 10 year plumet
Look at the 10 year plumet
It is reasuring that there is atleast one poster with a few functioning braincells who is able to put things in perspective.
There is very strong support (trend line) for the S&P in the 1480 area. We will probably flap around there for a good bit before moving lower. I'd be shocked if the "correction" (using the word loosely) is over here, in spite of rooting and cheering from Wall Street and Talking Heads, because there is much worse economic news to come...
Wasn't this a nice day! Let's take it to the Bank!
Wasn't this a nice day! Let's take it to the Bank!