S&P...1385.00 finally got there (to the tick)

Quote from balda:

I think S&P need to break august lows to provide enough liquidity to close shorts for high rollers. Only than we'll get a good bounce just to get short again.
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Yes you may be right..the time between today and the Fed announcement will be interesting to say the least.
 
How about Bershire Hathaway big wig talking buy-out of MBIA?

There is value out there for those with longer time horizons. Foil hats not necessary at these levels, just value investors looking to put money to work. Sure a bit of a relief rally, but anyone calling this as bottom right now is only showing inexperience.


Good Luck!
 
30 point ES moves off 1385.00 .. COOL! :cool:

BTW, I did not make a phone call to the PPT at the 1385.00 level..I just sent them an email as we got close. :p
 
Quote from Algorithm:

Sure a bit of a relief rally, but anyone calling this as bottom right now is only showing inexperience.

Good Luck!
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Correct..just a first target on the way down into recession road for 2008.
 
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