Great day again

Selling on the nasdaq is way overdone considering the good numbers this morning. Intel down 1%. The dow and S&P are holding steady which is bullish.
 
Quote from makloda:

Whops!!!!

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Whaaaa looking for an entry after the selloff, 12560 looks interesting in YM.
 
My tech stocks are only down .5-1%. Hardly anything concerning.

Semi's are down..no surprise there given the sector has been dead for ...um...10 years. Anyone how buys semis will lose money cause the technology is old and the growth has slowed considerably since the 90's.



If your short now consider covering soon. Friday is historically a slow day. If the markets are gonna drop big it would probably be between mon-thurs. The buyers will step in and drive the price back up
 
Quote from stock_trad3r:
If the markets are gonna drop big it would probably be between mon-thurs. The buyers will step in and drive the price back up
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Good call bro. We could well see a ~1% gap up in the indexes Monday morning off of these deeply oversold levels!!!!!!!!!!
 
Stocks in the green, bonds in the red!!!!!!!!!!!!!!!! Good sign for the economy: Nobody wants to buy bonds, everybody wants to buy stocks!!!!
 
Quote from makloda:

Stocks in the green, bonds in the red!!!!!!!!!!!!!!!! Good sign for the economy: Nobody wants to buy bonds, everybody wants to buy stocks!!!!
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Bad sign when everybody wants to buy, oh who cares buy buy buy goooooo stock market, go oil, go corn, go gold, just go go go go.
 
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