I'm calling bottom to Dow, S&P, and Nasdaq

PortI385 · Nov 14, 2008

Dow and S&P will not go below today's intraday low within 5 years. I believe we have bottomed. S&P going to 1800 next year. Too much bad news = bottom.

ByLoSellHi · Nov 14, 2008

Quote from PortI385:

Dow and S&P will not go below today's intraday low within 5 years. I believe we have bottomed. S&P going to 1800 next year. Too much bad news = bottom.

If you are confident in your convictions, you should buy the 2x ETFs on the indexes.

Easy money.

Moderate · Nov 14, 2008

screw that buy TNA

AMT4SWA · Nov 14, 2008

Quote from PortI385:

Dow and S&P will not go below today's intraday low within 5 years. I believe we have bottomed. S&P going to 1800 next year. Too much bad news = bottom.

Well....good luck with that!!! :eek:

chipmunk · Nov 14, 2008

I agree. Not saying it wil lgo up but I think we are about at the bottom.

makloda · Nov 14, 2008

Quote from ByLoSellHi:

If you are confident in your convictions, you should buy the 2x ETFs on the indexes.

Easy money.

Couldn't agree more

canuckrookie · Nov 14, 2008

Or the next shoe drops and we see a triple bottom breakdown, or is that quadruple bottom breakdown?

Imba · Nov 14, 2008

Quote from PortI385:

Dow and S&P will not go below today's intraday low within 5 years. I believe we have bottomed. S&P going to 1800 next year. Too much bad news = bottom.

Bulletprooff fact. When u see a rising amount of retail traders start screaming about "find a bottom" on different forums, you may be sure by 99% that actuall lows will be hammered soon.

makloda · Nov 14, 2008

Just like the perma bears have their day in the sun, the perpetual bottom callers will eventually get it right.