Meltdown..

they said dont fight the trend on the way up, now its dont fight the trend on the way down...


Does the dow dip below 13k next week?????
 
Quote from Difital Fibers:

This is really getting ridiculous...
200+ in the red overdone..

P.S. Banc of America analyst has reportedly come out and said the Bear Stearns (BSC 110.00 -5.63) stock decline is "overdone," citing valuation is at 12-year lows.
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Are they serious, they are doing everything to keep this market from falling apart, they cant come to the conclusion that the bear market may have returned.....................................
 
This is exactly why preservation of capital > making $$$ every day. Look at ES. Goes down a point per minute. Oh wait 2 points her minute.
 
the trend is down, keep capital available for opportunities at all times. its tough to get over 100 up on the dow, but on the downside no problem these days, 200 down days getting common lately wow..
 
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