Is the bear over?

[paysense]

. . .my point is, if you watch these every day you will be compelled to sell all at a loss - when (in reasonably short period of time - i.e. IRA holdings) the strongest banks and companies WILL produce a nice return from these levels.

Other than that <b>- be like the herd and sell at the worst time for a loss</b> !

pS

FYI - the reason so many are seeing more downside and in fact will be right is that most "Elite" Traders are looking at the spooz and the high likelihood of touching 1212.

 

[Bogan7]

Quote from ksonsinc:

Yea that what i am doiing now
Buy Hold And pray = BHP
as soon as i brake even i will get the fuck out of these stocks

And this is why 90% of people fail

 

[ehoofnagle]

A market that falls below its 200-week (3.8-year) average usually heads straight for its 200-month (16-year) average.
The 200-month averages for the big indexes now are 981 for the S&P 500 Index, 1,771 for the Nasdaq and 8,360 for the Dow industrials.
The average bear market of the past century has lasted less than a year and generated losses of 30%. But ones that lasted more than 12 months showed an average loss of 42%.
This bear market has so far lasted 12 months and generated a loss of 17%.

*Jon Markman (Contributing editor and formerly managing editor of MSN Money, Markman is editor of the independent investment newsletter The Daily Advantage.)

 

[Illum]

Quote from ksonsinc:

i mean Mer at 24 c at 17 leh at 16
Only GS has not gone down i mean the prices look like a bargain - ???????

Is leh even gonna survive to make the 16 a great buy? Mer would sell crack to a baby at this point. C - how much do they have off the books? Dangerous.

There are some bargins if you can hold for along time, but there are probably some that will not make it out.

 

[Clubber Lang]

Quote from ehoofnagle:

A market that falls below its 200-week (3.8-year) average usually heads straight for its 200-month (16-year) average.
The 200-month averages for the big indexes now are 981 for the S&P 500 Index, 1,771 for the Nasdaq and 8,360 for the Dow industrials.
The average bear market of the past century has lasted less than a year and generated losses of 30%. But ones that lasted more than 12 months showed an average loss of 42%.
This bear market has so far lasted 12 months and generated a loss of 17%.

*Jon Markman (Contributing editor and formerly managing editor of MSN Money, Markman is editor of the independent investment newsletter The Daily Advantage.)

"This bear market has so far lasted 12 months and generated a loss of 17%."--From the post


How can "this bear have lasted for 12 months" when the markets were at highs in October?

Is he using a special calendar that the rest of us are not privy to?

Makes you wonder how wrong the rest of his technical crap is.

 

[S2007S]

Quote from ehoofnagle:

A market that falls below its 200-week (3.8-year) average usually heads straight for its 200-month (16-year) average.
The 200-month averages for the big indexes now are 981 for the S&P 500 Index, 1,771 for the Nasdaq and 8,360 for the Dow industrials.
The average bear market of the past century has lasted less than a year and generated losses of 30%. But ones that lasted more than 12 months showed an average loss of 42%.
This bear market has so far lasted 12 months and generated a loss of 17%.

*Jon Markman (Contributing editor and formerly managing editor of MSN Money, Markman is editor of the independent investment newsletter The Daily Advantage.)

Thanks for the statistics. Market has a long way to DROP, however there will be plenty of 3% to 5% rallies along the way to fool anyone that is bullish.

I think the markets might be putting in a single one day 7%-10% drop.

 

[1flyfisher]

The economy is going to worsen.
More financials will go belly up. How many financials can their gov lacky's bail out?


The next leg down will be sharp.

The Bear will tear many of you idiots to shreds.

 

[ksonsinc]

well i was thinking of loading in GS 230 calls 2010 for 16.00
and buying more MER 100 shares so even if the market has a short covering or something i should be able to breakeven of come out with a small profit

 

[KINGOFSHORTS]

Quote from ksonsinc:

i am fuckd
i loaded a lot of financial thinking the worst is over
Mer @ 33
LEh @ 20
C @20
etfc @ 3.50

And look at them just go down I mean WTF ( Today )
MER @ 24
LEH @ 16
c @ 17.50
ETFC @ 2.79

I mean WTF
I own 100 Shares each

Don't mind If I borrow them for a bit do you?

 

[KINGOFSHORTS]

Those folks will just print more shares like the US GOVT does with those fiat dollars. If they do not go under, stock dilution will really put in the pain.