Im up a ton today. LOVE these down days. Thanks for all the liquidity longs

Dummy the dow is only down 190 points out of a 3000+ point gain the past 1.5 years

No the DOW is down over 600 pts of the 3000+ point gain of the past 1.5 years and this happened in just one week.
 
Quote from Businessman:

No the DOW is down over 600 pts of the 3000+ point gain of the past 1.5 years and this happened in just one week.

I meant today is is down 190 points. From the very peak it is down 500 points, but only down 300 points from 14000. Not long ago it was at 10800.
 
Quote from thenewguy:

I remember my first good trade too... congrats!

TNG

Yup, I do too...... back in 1998.

Been there done that.

Had I not been through it I wouldn't know what to look for. Too bad there's so many suckers in this market.
 
Looks like we hit a intraday double bottom

dow easily rebound 120 points from here


So much web 2 0 news

http://news.google.com/news?hl=en&um=1&ie=UTF-8&tab=wn&q="web+2.0"&scoring=n

This indicates that tech is the future and the smarties are in control. We need to buy more, save less. Need college education. Need to be a consumer and need to get degreee to be smart and make money money so I can spend more and vote in elections.
Valuations aren't excessive. Massive global growth. Massive earnings overseas. Cheap dollar and liquidity. Lots of tech inovation and social networking of global communites. Globalism, consumerism, spendism, and smartism.

Shorting now is suicide. A lot of big shot shorts here never hold overnight. They cover at the upticks, re-enter, and take losses. No one has the balls to take out a long term short position because we're going much higher. When? Within a few months we hit all time highs again or sooner.
 
Congrats Athlon! I usually sit out Expiration, that's why i'm lurking over here during Mkt hours. Should have traded today, huh?
 
Quote from athlonmank8:

Yup, I do too...... back in 1998.

Been there done that.

Had I not been through it I wouldn't know what to look for. Too bad there's so many suckers in this market.


so what did you trade that made you all of this money?
 
Quote from jbride12:

so what did you trade that made you all of this money?


No rocket science here.....just sell and walk away! Stocks, Spyders, Mini's, etc.
 
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