Still not a bear market

Hey ST:

Lets's dissect this a bit. You DO know basic mathematics, right?

Ok, you and your momo stocks have corrected and it was severe. You expect them to once again ascend with a market soon to be back at new highs - after all, this market melee is simply an over-reaction.

Don't you know how much of a percentage move a stock has to make once it has come down 35-55%?

Well let me refresh you. So GAGA triples and goes from 60 to 180 or a 200% move, during a strong momentous move.

It then corrects 35% and now sits at 117. To go back to 180 it will need to 54% move.

If it corrected 45% and sits at 99 it will need a 82% to reach a new high.

If it corrected 55% and sits at 81 it will need a 122% to reach a new high.

So you see, it is going to take a stellar move to reach the previous highs once these momo stocks correct as much as they have.

Therein lies the reasoning behind stopping your losses for growth stock investors.

pS
 
It is true that growth stocks tend to correct more, but they also rise more. When the dow retests 14,000 RIM, EWZ, ISRG, FSLR, BIDU, GOOG, AAPL will be much higher.

If you buy the wrong growth stocks you will get burned though. CROX and DRYS are perfect examples of this. Those stocks will never come back.

We are still in a bul market. Here are more headlines about spitxer's whore:

http://afp.google.com/article/ALeqM5jD0Tz1rowwLrggIA-sYs7Uep0SMQ

This is a bull market like the clinton monica scandal in 1998. Sex=more upside
 
Quote from stock_trad3r:

No one who is serious measures Dow Jones performance adjusted for inflation. When the dow rebounds to 14,000 MOS and FSLR for example will have probably risen 40% or more, vastly exceeding the national rate of inflation. Thats where I make money.
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if somebody thinks the bottom is near and would would like to go long MOS and FSLR what's a possible game plan here? are you really serious about +40%? over what time-frame? is now the time to buy? would not it be more prudent to wait till the market starts to move up?
 
Quote from shortie:

if somebody thinks the bottom is near and would would like to go long MOS and FSLR what's a possible game plan here? are you really serious about +40%? over what time-frame? is now the time to buy? would not it be more prudent to wait till the market starts to move up?
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Doesn't look to me like we will get a spike down. Look for a whimper bottom with retests.
 
Quote from shortie:

if somebody thinks the bottom is near and would would like to go long MOS and FSLR what's a possible game plan here? are you really serious about +40%? over what time-frame? is now the time to buy? would not it be more prudent to wait till the market starts to move up?
More...

NO one rings a bell at the bottom or top. But the market is about 19% off its highs, which seems like a good buying opportunity to me. Plan to buy a ton of VISA stock soon.
 
It can't be bull since the majority turn toward the bear (BSC). I think this thread should be closed since there is no longer valid arguments for the bull. The bear win the fight.
 
Quote from stock_trad3r:

seems like a good buying opportunity to me.
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But everything seems like a good buying opportunity to you. :D

More sex = bullish

More masturbation = bullish

Recession = bullish

Banks going down = bullish

More porn downloads = bullish
 
the great utility of this board is the archives and using current posts as a sentiment indicator to fade what the average market idiot is doing.
 
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