ET Official Bottom Watch Thread

Quote from Ivanovich:

That's the point. Much better than 4000 threads of sludge.

Of course we'll still have the threads by the boneheads who can't comply.

Are they the same ones who bought Lehman and oil at the highs?
 
stock_trad3r


Registered: Jun 2006
Posts: 6975


New Post 10-10-08 02:01 PM

crash is making headlines all over the world


LOL, where did you hear that? You said it was all fake and made up:D
 
Quote from gkishot:

My feeling is today is a capitulation day at least short term. Smart money is buying financial stocks.

We haven't had the volume surge needed to call it a capitulation. I think we can say selling power is running out and now there is equilibrium, which we'll see with a doji candle. That's an important step. We could have another down day but I think the down movement is about over.

Market is making a mini-rally attempt as I write this.
 
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