Damn, is it over..

[Bogan7]

Quote from aaronk321:

Hell, I think there's a good chance of this crunch will turn the market into a bear.

All things come around. Everyone was saying this bull was running too long - well the time has come and this might be the end of it.

I hope you trade on better info than a gut feeling and tired cliches?

 

[opm8]

Quote from Cocaine:

Did you ever hear of the "Roaring Twenties"?? Well it was this great time during the big bull market of the 1920's. Everyone was having a swell old time and nothing bad could possibly happen. Oh wait, then the stock market crashed.

Actually it wasn't so much a crash as a very prolonged decline. The media and every financial pundit relentlessly painted the market in glowing, positive terms but the market did it's own talking. Down down down down down. Day after day after day.

opm8

 

[EMRGLOBAL]

Look at the % from the top, to where we are now.

Is it a Correction? Have we broke a 10% retreat? Is it a Trend Reversal long term?

Calling this market is for amatures. Trading the moves are for pros.

Fucking clowns.

 

[Digs]

THIS IS THE FIRST WAVE DOWN...

EXPECT A RALLY, THEN THE REAL McCOY BREAK DOWN ..just like 1929...

 

[dalaialama]

Quote from Spooz Top:

& i thought this was stock turder crawled up in the fetal position..leaking from his rectum after being sodomized by Big Ben (bear) himself.

The grave is cold and lonely

 

[Handsome]

Quote from hajimow:

It is a dog market.

WOOF

Woof, Woof

WOOF, WOOF, WOOF!!!

 

[una11]

Quote from Digs:

THIS IS THE FIRST WAVE DOWN...

EXPECT A RALLY, THEN THE REAL McCOY BREAK DOWN ..just like 1929...

Great analysis - what are you basing this on????

 

[jaronimo]

Quote from stephenszpak:

It's prudent in my opinion to plan on a market crash
in the next sesssion. (And the next and the next, etc.)
I don't expect that, it's just good to have a plan for it.

Thats always a good plan to have ready. Until things settle out, nobody knows for sure where it will go.

But no matter which way it goes, its a great time to be a trader!!!

 

[makloda]

Quote from Digs:
EXPECT A RALLY, THEN THE REAL McCOY BREAK DOWN ..just like 1929...

Awesome analysis, I especially love the caps lock, makes it look so much more serious.

 

[hbiawos]

Quote from jaronimo:

Thats always a good plan to have ready. Until things settle out, nobody knows for sure where it will go.

But no matter which way it goes, its a great time to be a trader!!!

Here's my plan. If it has a p/e of 50 or over, I'll whack the bejesus out of it. You like my plan? I like my plan. All the high fliers being sold to meet hedgie redemption calls. Whack 'em.