Triple bottoms are rare: its game over

True, I have no idea if this a bottom and time will tell. I don't think we're done with the bull market, although the first 2 quarters will be a little rough.
 
Yup.
Bears get all nippy on a downer like today, bulls get all hot on big days up like we had somewhere in there last week.
Which is fine. Someone's gotta fund the market...
 
Quote from forex-forex:

Short or long?
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Long.

All that funny money they are printing nite & day has to go somewhere. Not going into real estate again any time soon...
 
Quote from trefoil:

...to be bought into.
I said it before (you can look it up) and I'll say it again: they were looking to start this year with a big drop they could buy into, and that's what has happened. I intend to buy into this with everything I've got in my long term accounts. Market is cheap relative to anything you want to relate it to, and the Fed has to cut early and often, or be seen as a tool of the incumbents.
Ergo, short term, next week is going to feature a huge rally, possibly instigated by a surprise Fed move. I've already positioned myself for it.
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Damn straight there is gonna be a fed move - liquidity baby!

This is only a correction in the bull - the bull is alive and well
 
I think they will make it break that support level , go down aways and then rally big.........and I'm stuck in a bunch of spiders(spy)

Nothin is working like the textbooks say it should..........i.e. trends, support levels etc.
 
the technicals suck alright but look worse given gold made a 28 year high in nominal terms....

and the dollar was beaten like a rented mule...

dont pay attention to the man behind the curtain....
 
put up a yearly chart of the S+P 500 for 3 years or more and the fact that its came down to 1410 three times looks insignificant
 
my broken record mantra: market is selling at near historically low PE ratios...bear markets dont start at these levels...even with contracting earnings,its being reflected in the p/e ratio...

this is a range bound market 12500-13700...buy lo/sell hi

cramer also is very bearish---contrarian indicator

market bottom at dow 12600 or so...could bounce on monday after morning sell-off....fed cut rumors?

bush speaks on monday again-bad for markets!
 
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