Sell All Rallies 8-12-2008

Quote from ByLoSellHi:
C'mon. You know there wasn't a true housing crisis back then.
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LOL Yea right, the reality is it was a major housing recession and is called the S&L crisis for a reason.
 
Quote from S2007S:

QID = NDX 100 not the DJIA..


:p :p :p :p :p
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You still don't get it do you?
But then again, I keep forgetting that everything with you is a "paper-trade".

The market was off HUGE earlier, but the NDX was "strong" relative to the DJIA. Thus, as soon as a "bid" came back into the market, guess what happened to the NDX?

Ka-Booooooooom!

In other words, you couldn't be SHORT the strongest of all indexes. The one that you chose never made a new low for the move, as the SPX hit 1200.44

Congratulations!

LOL!
 
Quote from ByLoSellHi:

It takes a lot of balls to actually knock a right call.
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And what "right" call would that be?

The one where he buys the QID at $43, or the one where he averages down to $42?

39.63 last, Bro.
:eek:
 
Quote from Landis82:

And what "right" call would that be?

The one where he buys the QID at $43, or the one where he averages down to $42?

39.63 last, Bro.
:eek:
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Still averaged in at $42,

Do you actually think

QCOM
GOOG
MSFT
AAPL
RIMM or any tech will take the NDX back to new highs, I highly doubt anytime soon. And im not expecting another bubble in the nasdaq until something as big as the internet comes along, until then the nasdaq will trade sideways for another 5-10 years. There is a major slowdown in our economy and if you think tech can weather this crazy storm you have to be a fool.
 
agree with the last 2 hour rally,
we are short er 2, nq and looking at cl if it tests 117 area for some intraday trades
good luck to all

w
 
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