Now We Really Bottomed !!!!!

S

stockrock1

Please don't tell me this is a buy signal. I lived through this 2 years ago, and all that happend was the guys that lost millions (my customers) put there last pennies in and lost them too.

Is there still any doubt as to the trend of the market ?

By the way, MArket is hitting lows as I write this.
 
This market will be a bottom when the following things happen:

1. Israel/Palestinian conflict subsides

2. Threats of terrorism on American soil subside

3. Renewed consumer faith in corporations

4. Return to profitability for corporations

This is quite a tall order!

Until the above conditions occur, there IS no bottom. Just slow, downward death...


____________________
"He who picks bottoms ends up with smelly fingers."

Ancient Chinese Trading Proverb
 
Ohhhh ...... Thank God ........ I thought there's another genius calling another bottom here :)

Oh well, we'll bottom when negative trendlines get broken, and the market starts making higher peaks and higher troughs ....

Good Trading !
 
Originally posted by darkhorse
i predict with confidence that the market will bottom shortly after it stops going down.
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Yes, I agree with this. I also am confident that the market will continue to fluctuate.
 
Originally posted by goldenarm
1. Israel/Palestinian conflict subsides

Never.

2. Threats of terrorism on American soil subside

Never.

3. Renewed consumer faith in corporations

Maybe someday.

4. Return to profitability for corporations

Some are profitable.
____________________
"He who picks bottoms ends up with smelly fingers."

Ancient Chinese Trading Proverb
More...

The market is focused on stocks that suck. That includes wireless stocks, especially today. There's plenty that don't suck.

-brownfinger
 
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