Buy today just before the close, or wait until Monday?

Quote from pumpanddumper:

Wait for the technical breakdown between 3 and 4 and by that dip (if it happens)
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You know...I was looking at historical charts...have you have seen the SPX close at its weekly low? I don't think I have.
 
Quote from crgarcia:

Bearish overall?

Or just bearish for the very short term, today, monday, and perhaps tuesday?
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I plan to cover 25% of my short today at the close and keep the rest for next week. I will prob short again at higher levels if allowed.

I am bearish for the 1 month timeframe, but a new high may shorten my view.
 
Quote from LeonPhelps:

You saying what I think you're saying? Buy the dip??:D :D :D
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Wait for the heavy institutional selling when all hell breaks loose and buy that dip.:D

Or will it be panic buying into the close and the DOW goes green? I wouldn't be surprised...
 
Quote from pumpanddumper:

Wait for the heavy institutional selling when all hell breaks loose and buy that dip.:D

Or will it be panic buying into the close and the DOW goes green? I wouldn't be surprised...
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Russell rebalance...hard to say--can go either way. Can't predict technical problems and order backlogs.
 
Quote from pumpanddumper:

Wait for the heavy institutional selling when all hell breaks loose and buy that dip.:D

Or will it be panic buying into the close and the DOW goes green? I wouldn't be surprised...
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This is it! Getting out of 25% of my short!
 
Quote from Spectre2007:

theres been soo much fear of late.. you have to wonder whether its priced in.
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Well I am still holding to my 75% short...wait till we read the sunday paper on congress war against the rich...
 
Quote from Spectre2007:

lol.. amazing. who wants to get short now?!
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I'm short. Already took my principal and am riding about half of my short positions free. It's awesome. I think the markets headed lower and I have a load of August SPY Puts to sit on and see.

Spooz only 2-3% off all time highs. Everything looks really ugly and the Bear CDO stuff is serious. BX IPO wasn't so great and a top of some sort could be in for right now.

Whee! :D
 
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