Im calling the bottom! The bottom is in!

Focus on the future I say. Which stocks will double in 3 months? I am pretty confident TQNT will make that double...what do you think? What do you think? [/B][/QUOTE]

What do I think?
I think you are long TQNT and are looking for confirmation...I wouldn't own TQNT. Sorry it's not what you want to hear but coming on here and calling a bottom just because you bought a low priced stock doesn't mean that's a good trading strategy.
 
earnings generally make the market go up, with low interest even msft which is sittin on loads of cash is sellin bonds and raising unneeded cash.
 
Perhaps this is why traders are slowly moving out of the discretionary camp and into the netherworld of the black box. Machines don't give a crap about your prediction.
 
Probably today is not yet the bottom. You can read more details here: http://www.stock-trading.me/2011/08...arket-bottom-v-bottom-of-the-stocks-or-index/

S&P500 commands the top 500 companies and influence the major movement in stocks. Looking at the situation today in the US, a lot are not resolved financially- debts, increasing unemployment, etc...This further reduces investor confidence.

In my opinion, the S&P 500 would further slip down in the coming months until a similar bottom would reach just like in 2009.
 
the bottom is in because bubble ben will not allow another bear market so he will continue to do whatever to keep it from finding the bottom naturally.
 
Quote from chaosclarity:


Investors can be sure of one thing and that its time to get long and hold like it was March of 2009. The bottom is in!!!
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Long-term bottom, intermediate-bottom, yearly bottom or what?

I think the odds of an intermediate/yearly bottom are pretty good. The seasonality is strong (pre-election year) and we often have a strong Fall rally (long before the Santa rally) when there's a sharp drop in the summer.

If you're literally saying the S&P will never touch 1100 again...well, I'm not nearly as confident of that.
 
Quote from jsp326:

Long-term bottom, intermediate-bottom, yearly bottom or what?

I think the odds of an intermediate/yearly bottom are pretty good. The seasonality is strong (pre-election year) and we often have a strong Fall rally (long before the Santa rally) when there's a sharp drop in the summer.

If you're literally saying the S&P will never touch 1100 again...well, I'm not nearly as confident of that.
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SPX will touch 1100 again and most likely even trade below 1000!


:p
 
Quote from chaosclarity:

On stockcharts.com, the $NAA50R has only been in single digits three times in the last 10 years. Mid-2002, late 2008 and each time was ideal to buy&hold certain stocks. Buffet went long in late 2008 and now he is going long again.
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In late 2008 the Dow was at 8000. It reached 6500 at the lowest. I'll wait, thanks.
 
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