VERY bad feeling about today

stock_trad3r · Nov 7, 2007

We're in the web 2.0 social networking internet technology boom of global growth and perpetual upside. Huuuge revenue, hugu growth. Venture capitalists, smart phones, facebook, myspace, youtube, and google. RIMM and AAPL.

tons of web 2.0 headlines. The smarties and money guys wont let the market sell off much more. Not when the upside for growth is almost unlimited.

http://news.google.com/news?hl=en&resnum=0&um=1&ie=UTF-8&tab=wn&scoring=n&q="web+2.0"&sa=N&start=40

Globalization and free trade and free market capitalism. Tons of spending, tons of buying. So much liquidity. Major funds ready 2 load up. Huuuge consumer spending. Dow 15000 by end of 2007. A new tech boom. Mitt romney and Edwards in 2008.

MajorUrsa · Nov 7, 2007

Quote from S2007S:

If CSCO has any problems after the close tonight the markets are going for another 1-2% drop tomorrow.

I think Cisco should even exceed expectations to prevent that drop. Anything else is already priced in.

stock_trad3r · Nov 7, 2007

CSCO has substancially underperformed RIMM, AAPL, GOOG and all those companies had great numbers and surged higher. Odds are CSCO will surge anyway, just to say on par with other tech names.

gobar · Nov 7, 2007

i think S&p will break 1490 today...

YMsystemtrader · Nov 7, 2007

WHOOOOOOSH

))

insane amount of $$ made

gobar · Nov 7, 2007

Quote from YMsystemtrader:

WHOOOOOOSH ))

insane amount of $$ made

i sold my puts in the morning :mad:

stock_trad3r · Nov 7, 2007

Quote from YMsystemtrader:

WHOOOOOOSH ))

insane amount of $$ made

Make sure you cover b4 the 2:30 rebounders force you to

The Swordsman · Nov 7, 2007

You are 1 for 2 now. Like someone said, flip of a coin is basically what you got going thus far.

Quote from YMsystemtrader:

WHOOOOOOSH ))

insane amount of $$ made

palenimbus · Nov 7, 2007

Quote from YMsystemtrader:

WHOOOOOOSH ))

insane amount of $$ made

in your dreams maybe LOL

canuckrookie · Nov 7, 2007

Quote from gobar:

i think S&p will break 1490 today...

Most important post of today imho. S&P support at 1490 is very important. Market is looking VERY ugly today. I don't like what I am seeing at all. More news out from the FED saying more rate cuts coming.