Quote from congoboy:
I am already up 3.25% you bastards. in 3 days. Obviously Im staying because I firmly believe the market is going to rally. Who cares about fundamentals, its more about peoples expectations and fear. All the people who pulled their money out are going to regret it. The bigger banks and funds have just gotten more at cheaper price.
I have spent years develpoing my own system and understading not the market, but fear and greed and public mentality. That is much more important because everyone knows or has access to great fundamental and techincal analysis. There is no edge in that. Over the years, I have developed my own edge.
Oil is going to fall more. Im sure it will come in the range of 60-70.
Most people on this site are fools and judgemental. burn in hell fuckers.