I'm going long here

Here what I did and informed by blog readers to do:

From RFT's blog:

"2:13PM: with NDX at 1350, we are entering the buyers side of this market.

In one word: The bottom!"

Pray or curse me, Both should help. Do not stay on the fence though.
 
Quote from Cutten:

Well the heat is too much for me here, I just got out of half around 1025. Still about 35% long but I will ditch that into the close (barring a huge rally out of nowhere) or if we break 1000 S&P.
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Yes, good luck and thanks for posting.

Tough market either way you go.
 
I have a friend who is completely irrational and highly emotional. Just liquidated his 401K. He's starting with "the end is near banter"... When the blood is on the streets buy.

Granded I still think we see 8500 Dow but this might not be a bad place to begin to accumulate long positions.
 
Quote from Darshan:

I have a friend who is completely irrational and highly emotional. Just liquidated his 401K. He's starting with "the end is near banter"... When the blood is on the streets buy.

Granded I still think we see 8500 Dow but this might not be a bad place to begin to accumulate long positions.
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Remember my mantra, b/c I quite like it:

70 year old+ individuals have to start spatting at or physically attacking people whom they overhear speaking the words 'stocks,' 'stock markets,' 'stock broker' or other such words.

It doesn't have to be an everyday occurrence, but common enough to be reported on.

The more violent and nasty the acts, the more confidence the bottom is near.
 
What if there's no bottom............ but just a thud for the next 12 months.....

of course this is a so-called seasonally positive time for stocks ahead.
 
Expect for rate cuts and liquidity. I dunno this market is in the tank. GOOG should be at at least 600 and MOS at 80. AAPL at 150 and RIMM 108.

It seems like people are selling for no good reason. Bunch of losers. Wonder what Kudlow has to say.
 
Quote from stock_trad3r:

GOOG should be at at least 600 and MOS at 80. AAPL at 150 and RIMM 108.

It seems like people are selling for no good reason. Bunch of losers.
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You're the one holding those dogs for 50%+ losses.

You're the LOSER.
 
Just think if the name of this thread was "I am going short here" and it was dated a week ago... the thread starter would have (could have) earned 1200++ points by simply watching his computer twice a day.
 
Quote from stock_trad3r:

It seems like people are selling for no good reason. Bunch of losers. Wonder what Kudlow has to say.
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What good reason do you need other than the U.S. financial system is in deep doo doo?! Do you not think this turmoil is going to translate into earnings issues with many companies not the least of which is RIMM?

I do agree that GOOG is a trading buy... and will lead the nasdaq higher when we reach a st bottom!
 
Quote from iceman1:

What good reason do you need other than the U.S. financial system is in deep doo doo?! Do you not think this turmoil is going to translate into earnings issues with many companies not the least of which is RIMM?

I do agree that GOOG is a trading buy... and will lead the nasdaq higher when we reach a st bottom!
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he reminds me of IRAQI Bob (?) ....:D

"we are not being invaded" :D

cmon, someone put up that photo....
 
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