Remain calm...

[swinger]

Quote from stock_trad3r:

the time 2 buy is now

remember the fed kept rates the same and after slowing econ growth he certainly wont raise them anytime soon

also fundementals still strong

earnings still good

Fundamentals are always rosy at the top.

Don't forget that the market is a leading indicator of the economy. This will never change.

 

[windwallker]

This doesnt make sense, if you are a GOOD trader with a track record, put up money where you can get leverage and trade your own account. You dont need to look for "trade jobs", you dont need a boss, you dont need to wear a suit and tie. You are your own boss and you make a living on your own. You are assuming that the only way to trade is for a hedge or mutal fund.

Quote from michaelscott:

There are plenty of traders who work for hedge funds and large mutual fund companies that lose money all the time. One guy at Fidelity caused billions of dollars in losses on one fund alone. Then there is that guy who lost 6 billion dollars and then now has a new gig some months later. Yet there are plenty of non-pro traders with detailed logs of their trade and who can prove it with account statements who actively look for trade jobs, but cant find.

Wall Street confuses me.

 

[Longhorns]

Quote from atticus:

Well that's great, that's just fuckin' great man. Now what the fuck are we supposed to do? We're in some real pretty shit now man... That's it man, game over man, game over! What the fuck are we gonna do now? What are we gonna do?

Bill Paxton (Hudson) in Aliens.

 

[SiSePuede!]

Quote from stock_trad3r:

the time 2 buy is now

remember the fed kept rates the same and after slowing econ growth he certainly wont raise them anytime soon

also fundementals still strong

earnings still good

oil rebound not a big deal


Go long on DIA if you dont know what to buy

You should probably be put to sleep...I'll call the vet!

 

[myminitrading]

Quote from makloda:

"I still continue to see a lot of value out there, stocks are grossly undervalued!"

I remember during the bear market 2001-2003, she kept her 1600 SP forecast duriing this period.

Then she just stopped appearing on air.

 

[Spectre2007]

the movie 'american psycho ' is what wall street is about.

 

[myminitrading]

Quote from windwallker:

Once again MR Know-it-all swoops in to enlighten us. Please stop Mr. Scott, your silly calculations are for the birds, you are not a real trader, just prolly some ex-broker who thinks he knows a lot about the mkts when in reality, he does not.

He is just speaking in technical terms " technical analisys" personally, I just use moving averages.

All that gann,fibonacci,pivot, blah blah.

 

[myminitrading]

Bottom line is the trend is still up, the dow is not even close to its 10 day MA, SP NAZ are sitting on their 20 day MA after todays fall.

So lets see what tomorrow brings, I hope we correct down to the 50 day moving average, that would be a good entry point, maybe.

 

[piezoe]

How nice today was for traders. How nice it is to be a trader! To be flat at the end of the day and sleep well.

 

[2ticks]

Quote from myminitrading:

Bottom line is the trend is still up, the dow is not even close to its 10 day MA, SP NAZ are sitting on their 20 day MA after todays fall.

So lets see what tomorrow brings, I hope we correct down to the 50 day moving average, that would be a good entry point, maybe.

Sounds like a fairly pedestrian analysis. If it really is this simple, the next leg will be where Jonny Mainstreet becomes an analyst.