Dial 'C' for Choppiness

crgarcia · Feb 1, 2008

Wednesday, stock plunge after rallying due to the fed rate cut.

Yesterday, stocks opened sharply lower, to rally in an incredible way.

Today, friday, stocks initially rally shrugging off dismal payrolls report, only to give up their early gains.

Now I'm on the sidelines, waiting until things stabilize.

PAPA ROACH · Feb 1, 2008

Replicate what you're doing, and that is a key ingrediant for a massive sell-off. As the volatiltiy chases players to the sidelines, liquidity is lost. Loss of liquidity creates the the ability for magtnification of moves. Now all we need is a bad headline.

jsmooth · Feb 1, 2008

Quote from PAPA ROACH:

Now all we need is a bad headline.

Didn't we already have one a few hours ago?

balda · Feb 1, 2008

market cannot make up it's mind.
bad headlines - more RAPE cuts.

S2007S · Feb 1, 2008

sell the rally, dow headed back below 12400.....

dozu888 · Feb 1, 2008

the bulls need to take a breather under that SP 1400 area.

pumpanddumper · Feb 1, 2008

Dial B for Bi-polar. I'm done on both sides of the trade this morning.

But, I'd like to see another rally into close.

Champion · Feb 1, 2008

Quote from crgarcia:

Wednesday, stock plunge after rallying due to the fed rate cut.

Yesterday, stocks opened sharply lower, to rally in an incredible way.

Today, friday, stocks initially rally shrugging off dismal payrolls report, only to give up their early gains.

Now I'm on the sidelines, waiting until things stabilize.

Are you a cork removed from a bottle and then thrown overboard - a cork just bobbing up & down on the sea waves?