The time 2 buy is now big rally coming

Well if it makes you feel any better I use a combination of indicators that when triggered tell me that there is at least another 5% decline. Today they were triggered. These indicators have only had 1 false alarm in the last 10 years. Now we may move a little up from here, and even get close to our previous highs, but you can almost take it to the bank that we will drop an absolute minimum of 5% from where we closed today.
 
Quote from HolyGrail:

Well if it makes you feel any better I use a combination of indicators that when triggered tell me that there is at least another 5% decline. Today they were triggered. These indicators have only had 1 false alarm in the last 10 years. Now we may move a little up from here, and even get close to our previous highs, but you can almost take it to the bank that we will drop an absolute minimum of 5% from where we closed today.
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Im looking at some indexes now, and one that shows real weakness is the russel 2000, down over 6.5% in only one week, thats pretty steep. I think the markets will show some strength, but will this strength be the time for the people who bought dow 12500 a chance to sell.
 
For what it's worth, my short-term (hours to days) indicators look somewhat bullish but my intermediate-term (weeks) indicators look bearish. So this may be in-line with some of the other posts above.


Quote from S2007S:

Im looking at some indexes now, and one that shows real weakness is the russel 2000, down over 6.5% in only one week, thats pretty steep. I think the markets will show some strength, but will this strength be the time for the people who bought dow 12500 a chance to sell.
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Quote from formikatrading:

For what it's worth, my short-term (hours to days) indicators look somewhat bullish but my intermediate-term (weeks) indicators look bearish. So this may be in-line with some of the other posts above.
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I do see some early buying coming in on Monday however who knows whats in store for the rest of the week...
 
Quote from lilduckling:

if you got your tweekies caught in the zipper, then its also not a sell. Selling after a big sharp fall like this usually is regrettable a short time later. Not saying that mkt will fly to new highs next week.... but retrace back up some it will.
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Hang in there.... mkt goes even higher before end of the week!
 
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
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awesome call once again bro!!!


dont let the permas get you down!!
 
I thought there were bunch of bad news like Dell and AMD missed estimates, sub prime loans go under, recession coming etc.
 
Quote from EqtTrdr:

awesome call once again bro!!!


dont let the permas get you down!!
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Awesome call?

we are on the same level from the time when this thread was created.

Some of you guys look like teenagers always cheerleading up or down without any thought.
 
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