the trend is up, market has bottomed.

I just finished doing 3 things: i talked to Mr. Greenspan, I talked to my psychic, and I talked to my dog. All 3 confirmed that this was the bottom.


I'm going to go one step further, and jump off the proverbial limb. So here goes.

<h1>This is it folks, the next bull market</h1> Nasdaq 5000 here we come.
 
thanks, I know who Dick Cheney is and was.

There is no such thing as 'non partisan.' The left dwells in never-never land. The original 'create your own reality' magic powder types. The have at their disposal most of the governments, wealth, and media of the world, not to mention millions of deluded followers who parrot elitist blah-blah but are convinced that they think for themselves (and much better than anyone who is stupid enough to differ with them). The combination is a powerful opiate. Remember, 'if you repeat a lie often enough, the people will believe it.' And remember who said it. You'll be seeing his incarnation again.

Don't get me wrong Babak, I think you're OK.

Anyway, this thread is about bottoming, etc.

I just wanted to say, three days down. No predictions here, but I'm going to stay nimble.
 
chasinfla, I agree. No one is a saint. I'm not saying that. I'm just saying look at the situation here. Its pretty obvious.

ps you're ok too :)
 
Just a quote from my Textbook: Technical Analysis Course from the Canadian Securities Institute..."

"Trying to pick a bottom in a falling market, however, is like trying to catch a falling knife."

How many stitches will Lundy need?

Lundy, I think it would be interesting if you could post a summary of all your open positions.
 
There's always a time to fade conventional wisdom. The real art is in knowing when. Or, perhaps, the real art is in knowing when to <i>not</i> fade it.
 
Chasinfla, there is a time...but as in blackjack, you play the best odds. Dont be a hero, because they always die in real life, and they never, ever, get the girl. :cool:
 
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