Markets are in trouble.

Just sold my DXD at 52.25, Will buy it back under $50.00


This market is setting up for even more volatility over the next 2 months.

360 yesterday and another 170 intraday today

500 point drop in nearly 2 days.

Im not falling for these big drops just yet, Last drop in August I thought the markets were headed to 11500, didnt happen, this time I think we drop below 12,000 again but run higher again right into the end of 2007. They will make an excuse to rally the markets again, thats why I sold nearly every one of my shorts and inverse fund, still very bearish on the market but think its time for a small 2-3% bounce.
 
The fed will keep cutting

We're in a cycle of lower interest rates.

Typically this is bullish for stocks. Bear markets usually occur when you have rising rates combined with poor fundamentals and excessive valuations.
 
Quote from stock_trad3r:

The fed will keep cutting

We're in a cycle of lower interest rates.

Typically this is bullish for stocks. Bear markets usually occur when you have rising rates combined with poor fundamentals and excessive valuations.
More...
Soooo? What does that tell you, since we have lowered rates just now? That we have even worse fundamentals and even more excessive valuations. Why is it that hard for you?
 
Quote from myminitrading:

RIMM down 10.33% AAPL down 6.40% Anyone who thinks these stock are going to keep rising will soon loose what gains they had.

Open your eyes.
More...

appl is dropping 5 points every 5 minute bar.......nasty selloff
 
Quote from stock_trad3r:

The fed will keep cutting

We're in a cycle of lower interest rates.

Typically this is bullish for stocks. Bear markets usually occur when you have rising rates combined with poor fundamentals and excessive valuations.
More...

Where is this nut? For all the criticism I took in this thread.....and look where we are now.

wow.
 
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