Remain calm...

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?
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Maybe we could build a fire, sing a couple of songs, huh? Why don't we try that? :D
 
I prefer to be a straight up daytrader, I trade what the market offers and can sleep at night as I am always flat. I make a hella of lot more than you buy and hold bozo's % wise, all that risk for such a small gain. I'm sure you'd be happy with 25% a year, such a suckers mentality. Last year, I took my 20K account to over $378,000 with zero overnight risk. You sit here and pray and hope and try and pump the mkt up on ET. I could care less, up down doesnt matter. Just not sideways for too long.

Eventually your permabull mentality will crush you, it may not be in the near future but when it does you will be left reeling and shellshocked. Just remember that you were warned. Thinking too much on either side is killer in this biz. Flexibility is a must.

Quote from stock_trad3r:

Still time 2 buy

I know market down a lot ..don't have to remind me

Yes it may seem too early to buy this dip but-the technicals & fundamentals are strong and we're just seeing some profit taking.


if your gonna go long don't take super leveraged positions since your losses are obviously amplified should the market keep going lower.

We're just seeing some profit taking. The underlying trend will resume.
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Quote from stock_trad3r:

Another 2 post wonder ...



When I say time 2 buy it often is

I said time 2 buy back in june 2006..the market dropped some more afterwards and I took a lot of flak BUT it surged afterwards to new highs...

Then there was Feb 27th and I again told people to buy. The markets dropped some more and bottomed out on March 14th when it continued to reiterate my buy stance.

Within a couple months new highs yet again

I also recommended many good stocks

I TOLD people to buy

MA, GOOG, GS, AMR, AAPL, CHAP, RIMM, and BIDU

Now I will admit that GOOG, AMR, were lackluster
AMR got killed and it was a bad recommendation

But MA surged to 138...from just $90 AMAZING

BIDu sold off but blew out earnings

RIMM ..I told people to buy after the poor earnings at 135. It missed by a penny. I got the usual ridicule. Now it is at 150+

AAPL. Been bullish on this for a long time. Now trades in the 100's after blowout earnings and continuation.

GOOG-sucked. Went nowhere since recommendeding it I have problems with the elitist management.

AMR-crashed bad pick

CHAP-rocketed to new highs. Keeps going up since I recommended it last year

GS-GOLDMAN keeps going up and I have been long since 190 when I began to recommened it. Now trades at 225..
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Don't mistake brains for a bull market, son.
 
Quote from flipflopper:

Don't mistake brains for a bull market, son.
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He's mistaken brain(lessness) for bull(shit) and made $12 in the last 6 months...sense is not within the potentialities of that mental midget's ability. Everyone has tried, are you "THE ONE" who can make sense make sense to stock_turder? God speed man! :D
 
I don't think funds like Renaissance that are basically long with little cash reserves will be buying dips. No, once this parabolic breaks on a weekly swing low the boxes signals will be sell and sell short.

Just a game of chicken from here on out. Big swings, chop you up or make you very wealthy. This is the same scene from previous tops where Joe Sixpack dies a horrible death being sucked into the vortex with no escape.

Panic, smells like money.
 

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Quote from windwallker:



Eventually your permabull mentality will crush you, it may not be in the near future but when it does you will be left reeling and shellshocked. [/B]
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Or um maybe not...


Markets are up very nicely today. Dow is up .62%...gained back a good amount of its loss yesterday

What this shows is that the bulls aren't done yet and they wont let this market drop

The buyers are stepping in after the panic selling yesterday.

Will monday be different? Maybe, but todays action shows conviction in the bulls
 
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