S&P will be under 700 within days

[eagle]

Don't confuse with number written for easily understand by everybody and number actually used in technical. The 1 GB = 10^9 is written that way because it's nice to the eye than written as 2^30.

If I'm a buyer, I will enjoy reading 10^9 than 2^30.

Quote from jprad:

Disk capacity (on the drive) is based on power of 10 even if your OS is reporting it in power of 2.

http://en.wikipedia.org/wiki/Hard_disk_drive#Capacity_measurements

 

[makloda]

It wouldn't be out of the ordinary to see 30, 40 or even 50% rallies along the way without violating the underlying bearmarket downtrend:

 

[BlindLemonBoosh]

Quote from makloda:

It wouldn't be out of the ordinary to see 30, 40 or even 50% rallies along the way without violating the underlying bearmarket downtrend:

In fact, it should be expected.

 

[S2007S]

Here we are again, a very strong rally, now my question is how many people are going to yell out that we have touched bottom and everything is all well again???

The answer of course is were not, these rallies are expected but when the bottom is in is anyones guess, it did look like we were headed down into the 4pm closing, financials rarely participated in this rally, monday is a new day....


News to focus on:

Citigroup

Auto bailout news.

 

[makloda]

Quote from S2007S:Here we are again, a very strong rally, now my question is how many people are going to yell out that we have touched bottom and everything is all well again???

WHO SAID ALL IS WELL YOU MORON?????????????????????????

 

[bwolinsky]

The debate doesn't matter. Emotions rule, and analysts have dropped their estimates to be in synch with their clientelle, which is not what good analysis is.

We're dirt cheap, but that doesn't mean we can't go lower, as irrational as that would be.

 

[MKTrader]

Already priced in...and then some.

Quote from S2007S:



News to focus on:

Citigroup

Auto bailout news.

 

[jprad]

Quote from eagle:

Don't confuse with number written for easily understand by everybody and number actually used in technical. The 1 GB = 10^9 is written that way because it's nice to the eye than written as 2^30.

If I'm a buyer, I will enjoy reading 10^9 than 2^30.

Sorry, you're the one that's confused, 10^9 is not equal to 2^30.

1 GB of ram = 1024^3 = (2^10)^3 = 2^(10*3) = 2^30
1 GB of disk = 1000^3 = (10^3)^3 = 10^(3*3) = 10^9

Next time, RTFA...

 

[NeoRio1]

Seeing that the absolute low is around 740 it shouldn't at all be worthy of being called a bold call.

 

[Syprik]

Quote from B. Rowshan:

If there was an investor who:

1) Runs $300M + (started w $5M in 2003)

2) Has made at least +10% in EACH of the last 10 years

3) Is up over +50% this year alone

would you listen to him in this climate?

Nope.

Let me get this straight, said person is up 5900% in 6yrs on $5M start capital? Or was more backing brought in along the way? Regardless, sign up for the next round of Market Wizard interviews while you're at it with that kind of return on large $.

But on a serious note, shut up already. If you (or whoever this figment is) were half that good you wouldn't waste your time starting such idiotic posts on ET of all places. Your caliber is transparent.