The time 2 buy is now big rally coming

Quote from lauriston:

there might be a rally but it will probably be shorts getting squeezed. After that I doubt a serious rally will come. Housing is starting to be a real concern with subprimes, but the whole market will probably start feeling effects in 2-3 months. Easy money is going away soon with carry trade going away now yen is shooting up. if you see bounces being sold hard i.e. lower lows, then for sure the bull is gone http://lauristonletter.blogspot.com/
Asia is still falling. I don't think this was one day wonder. I feel that more to come.

PS Good job on your blog lauriston. I even added it to my outlook :)
 
Quote from lauriston:

there might be a rally but it will probably be shorts getting squeezed. After that I doubt a serious rally will come. Housing is starting to be a real concern with subprimes, but the whole market will probably start feeling effects in 2-3 months. Easy money is going away soon with carry trade going away now yen is shooting up. if you see bounces being sold hard i.e. lower lows, then for sure the bull is gone http://lauristonletter.blogspot.com/

Cheers lauriston. Your blog is now a bookmark of mine, too.
 
This is it guys. Bear market is here. It's gonna rise back slowly, to form a lower double top (2 month maybe), and then down from there until a new president comes in.

But for immediate term, tomorrow Thursday is a down day.
 
Quote from stock_trad3r:

yesterdays selloff wasnt a big deal

no big news or anythign triggered it. Just pannick selling. The chinese gov said somethign but it wasnt a big deal at all.

The selling was the result of people deciding to take profits

Also every other indicator is positive and the nasdaq and dow will continue to rally much higher as if nothign happened.

The nasdaq should hit 2600 in a few months.

Terror under control

rates to remain stable for a long time

no bad news

corporate profits increasing as always

There will probaby be a 1% rally today easily and another 2% by end of week

Recommend

goog, ma, chap, tie, aapl, amr, rimm, bidu, gs

Guess stock_trad3r went back into hiding!

Some people never learn that there is more than one way the market can move ... and to play only the long side is like a football team running the ball 100% of the time and not ever passing.
 
Quote from DHOHHI:

Guess stock_trad3r went back into hiding!

Some people never learn that there is more than one way the market can move ... and to play only the long side is like a football team running the ball 100% of the time and not ever passing.

You act like we shaved 30% off the market. Even though I'm usually disposed to being bearish, some of you guys are like nervous nellies ready to call any retrace or pullback the end of the world. :p
 
Quote from EqtTrdr:

they never seem to learn...


sad :(


What's even more sad....there was a shitload more money to be made on the downside.....and idiots like you missed it.

Great thing about sell offs.....you can make the same amount of money in a week that it takes to make in mos of a dead low vol mkt...
 
Quote from ByLoSellHi:

Buy this dip.

I dare you. :cool:
I bought it!

And I bought yesterday.

And the day before.

And the day before...

It's all about HOW you buy. And WHERE you sell!

Best to all.

:cool: :cool: :cool:
 
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