Eerie action in the market

this market reminds me of like someone walking in circles with a gun to their head in the middle of the highway, i don't know hwy i get that "vision" whne i look at the dow but it just does lmao
 
Quote from RiceRocket:

This market is setting up for a huge washout. Stay flat until you see people giving away stocks hand over fist. It's coming shortly. Either tomorrow or monday. I've dabbled in some day trades over the past weeek, thinking that the market was bottoming, but when sellers come in right at resistance every time, I take profits.

Watch the 8700 area in the DJIA, some friends down at the CBOE said that's where they're taking it.
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Ummm.. GM under 5, Ford at 2; citibank @ $13 (almost under 10!)

Starting to get there....
 
Quote from drsteph:

Ummm.. GM under 5, Ford at 2; citibank @ $13 (almost under 10!)

Starting to get there....
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i would ignore garbage like that-you should be looking at jnj,t,vz,mo,mcd,ko.These are the quality stocks and some have dividends of 6% or more.
 
Quote from dsq:

i would ignore garbage like that-you should be looking at jnj,t,vz,mo,mcd,ko.These are the quality stocks and some have dividends of 6% or more.
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Well, agree with you on the first two but they were just what came to mind.

Citi still is citi, so once the distress leaves, might feel differently about that. Your point however is well made and well taken.
 
Quote from staffpro:

this market reminds me of like someone walking in circles with a gun to their head in the middle of the highway, i don't know hwy i get that "vision" whne i look at the dow but it just does lmao
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Don't know why but this made me laugh pretty good...
 
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