Quote from Brandonf:
You guys are total flopping fruit loops! I do agree with you that we could easily be forming a bottom here. I'm long, but your idiots to buy the leaders from the last cycle. New bull markets occur on the legs of new leadership, not the old crap that got killed.
nope. Dollar is going to crash, and oil and commodities will surge. This is good for large cap tech, commodities, multinational, energy stock- the same leaders in the 2002-2007 bull market. The leadership won't change.
Financials, transports, retailers, home builders may see a short term pop but the rally will fizzle.
Dow up 9 points, and volume starting to pick up. We could easily end the day up 200-300 points. Suggest covering now, unless you enjoy losing money.
edit: now up 23..hang on tight..up 32 ...