ET Official Bottom Watch Thread

How can you expect this to go on that long when - by my calculations - at the rate of current descent, we hit 0 by November 4th?
 
Americans are an impatient lot and want to "have it out and be done with it" when it comes to pain.

I'd rather have a katharsis than chronic pain for years.
 
head and shoulders pattern

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The USD/JPY turning around or at least stabilizing, will indicate that the yen carry trade has finished most of its unwinding. That might be an important bottom indicator in this case.
 
Quote from theboxer:

The USD/JPY turning around or at least stabilizing, will indicate that the yen carry trade has finished most of its unwinding. That might be an important bottom indicator in this case.
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It certainly looks that way. Either that or the BoJ is intervening. I would have expected AUD/JPY to be beaten like a $2 whore this evening, but it's not even below it's previous lows yet.
 
Quote from Ivanovich:

It's unfortunate there isn't a tradeable index for the number of friggen useless bottom calling and "Holy crap" type threads, because I'd go long that and retire. For the term of the crisis, please put all your bottom calls, market calls, mystical oracle predictions and any reasons why you think you're right (other than you think you just are) in this thread. Keep it all here with one nice parade of chatter.

Everything else that is non-specific to trading, screaming, all-caps nonsense, insults about Cramer, declarations of how you've seen God and he told you the bottom, stories about mass suicides, made up news headlines, beatings on Stock_Trad3r (though I must admit to enjoying those), conspiracies about martial law, conspiracies about delayed elections, political riff-raff, how you know the market is going to be closed for 4.3 years or something, burning of Paulson or Bernanke in virtual effigy, any and all posts by any one of 100 different c-kid aliases and other type spam will be moved to chit chat or deleted on sight. This is an effort to keep the forums cleaner for much needed trading discussions during this time of crisis.

Thank you for your attention.
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The fact that a mod felt it was necessary to create this thread and post it is proof that this is a bottom. Futures will rebound on a 700 Billion infusion by the PPT buying stock futures.
 
Quote from The Kin:

The fact that a mod felt it was necessary to create this thread and post it is proof that this is a bottom. Futures will rebound on a 700 Billion infusion by the PPT buying stock futures.
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You forget that his Lowness Bush is speaking tomorrow morning before the market open.

His appearance is always good for a laugh and a 5% short.

If he attempts to actually say something intelligent, make that another 10% pullback by noon.
 
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