posted
Who knows, we may see the lows for months, or even years. That is, once we get there...
Just remember all those that lost money in the market. That cash is now gone... So who will be investing. There needs to be a lot of new cash coming into the market to get us back anywhere's close to where we were a year ago on the DOW. We might get back there in say 10 years+.
-------------------- Buy Low. Sell High. Posts: 9894 | From: The Land Of The Giants | Registered: Feb 2005
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quote:Originally posted by Peaser: Might need to change the title of this thread in the next day or two...
Just so it's not a blatant lie 'n all.
Has it fallen to 7900 again?. Blatant lie? We all new there would be a dip after the massive run. Talk to me when it gets 7900 again.
Posts: 3607 | From: houston | Registered: Mar 2006
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posted
7900? i have one scenario on my chart that takes us to 6000, look at the low on 9-18 and the low on 10-10...
draw a line under them
it's just too frothy to pick the trayend line for me right now....
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30260 | From: USA | Registered: Sep 2003
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quote:Originally posted by Peaser: My guess is 5000 on the Dow. Wait and see.
Yikes. Having trouble with stockcharts. Trying to get a chart from 1996 to present. I'm leaning towards my pick of 7,500. Break 7k? wow. I like seeing consolidation, kinda hard to see that with 1k swings.
I did have this one right. Just can't get stockcharts to cooperate with me.
quote:Originally posted by invester: Has it fallen to 7900 again?. Blatant lie? We all new there would be a dip after the massive run. Talk to me when it gets 7900 again.
This is like a reverse Q & A session
I provided the answers, prior to your asking of the questions. lol
-------------------- Buy Low. Sell High. Posts: 9894 | From: The Land Of The Giants | Registered: Feb 2005
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I drew a few what I figure to be pretty solid support lines. I missed one at the 6500 mark. I couldn't get the chart to extend to March/Sept '09 to try and figure out a potential trend reversal. IMO there is still some decent support in the 7Ks. I have about 0 trust in the bailout plan. Consider this a work in progress.
I couldn't slobber on it but here's a pic anyway... Posts: 7064 | From: Virginia | Registered: May 2006
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posted
i don't like this chart, but i can't find anyting wrong with it
i do think the time frames projecting *2012,16,16 are to far out...
computerised trading is making everything happen faster. thats going to "scrunch" everything together...
there's just too much cash out there that people will put to work for the bottom to take years to show up...
i do think we'll find bottom this calendar year.
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30260 | From: USA | Registered: Sep 2003
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quote:Originally posted by glassman: i don't like this chart, but i can't find anyting wrong with it
Does have a settling effect doesn't it? Like why are we worried about the small ****? Market will correct itself.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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quote:Originally posted by glassman: i don't like this chart, but i can't find anyting wrong with it
Does have a settling effect doesn't it? Like why are we worried about the small ****? Market will correct itself.
Oops, I forgot - a lot of you guys are OLD and can't wait so long for this to recover. I do wish all the best. I know plenty around me that woke up one day and just said "crap". Best of luck to all of us but especially those that were caught off guard and were relying on a better market now or in the very near future.
Posts: 7064 | From: Virginia | Registered: May 2006
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posted
Today may have some positive momentum based on a rumor of another round of coordinated rate cuts overseas, but the rally will fade, and come Friday or Monday, look out below.
Posts: 602 | Registered: Aug 2005
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TITANS 103.62 -10.53 -9.22% HSI 15230.52 -767.78 -4.8% NIKKEI 8458.45 -1089.02 -11.41% STI 1951.2 -108.19 -5.25% CHINA 1909.941 -84.726 -4.25%
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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posted
Morning BooDog,, are you still just in cash or are you holding anything.. Interesting read you posted in the last post.. Makes me want to be back to an ALL CASH POSITION now. But If it swings up some today I am going to take some pofits out today (hopefully) then keep watching for more bottom buy opps...
Posts: 1986 | From: Florida | Registered: Mar 2006
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Still all cash here cept for a few flip ops. I'm chillin but I do have my TSP making deposits again that I can afford to go either way. Holding back on the main $$ for now though.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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posted
My charts above are just me putting a piece of toilet papper on the wall and throwing darts. Like to see a few others offer their guesses.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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quote:Originally posted by BooDog: My charts above are just me putting a piece of toilet papper on the wall and throwing darts. Like to see a few others offer their guesses.
quote:Originally posted by glassman: 7900? i have one scenario on my chart that takes us to 6000, look at the low on 9-18 and the low on 10-10...
draw a line under them
it's just too frothy to pick the trayend line for me right now....
quote:Originally posted by Peaser: My guess is 5000 on the Dow. Wait and see.
I like support between 7,200 (for now) and resistance of 9,800. The media has been trying to control when to buy and sell imo, but they are losing the control. I LIKE MY CHARTS BUT!!! We can't ignore those that have been here before.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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posted
I dont even try to make guesses on the future of the market, the last month of highs and lows has me scratching my head wondering when will it slow down a little , and try to play a few momentum plays a week and thats still a big gamble..Everything on my watch list and holdings down yesterday except NCC but was not able to get back in the other day. I was flipping NCC back at $1.50 and did not think that it would be this high until next month after the FART plan was more in effect but has been on the rise even in a bad market..Just wonder what each day brings now...
Posts: 1986 | From: Florida | Registered: Mar 2006
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quote:Originally posted by BooDog: My charts above are just me putting a piece of toilet papper on the wall and throwing darts. Like to see a few others offer their guesses.
quote:Originally posted by glassman: 7900? i have one scenario on my chart that takes us to 6000, look at the low on 9-18 and the low on 10-10...
draw a line under them
it's just too frothy to pick the trayend line for me right now....
quote:Originally posted by Peaser: My guess is 5000 on the Dow. Wait and see.
I like support between 7,200 (for now) and resistance of 9,800. The media has been trying to control when to buy and sell imo, but they are losing the control. I LIKE MY CHARTS BUT!!! We can't ignore those that have been here before.
10-23 will be the day we drop to 7000 or under.
Posts: 6140 | Registered: Jul 2006
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quote:Originally posted by PCola77: VIX just hit another all-time high. Broke 80 a few minutes ago.
ya and I have a call option at 85 from a week ago and now etrade says they don't trade it anymore. IT"S IN MY ACCOUNT!!
went from .60 to 3.40, trying to sell and they aren't. NEver seen something like that. I put an order in and it says invalid symbol. called in, no go. now I'm sending messages. WHAT!!!
Posts: 208 | Registered: Sep 2008
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quote:Originally posted by PCola77: VIX just hit another all-time high. Broke 80 a few minutes ago.
ya and I have a call option at 85 from a week ago and now etrade says they don't trade it anymore. IT"S IN MY ACCOUNT!!
went from .60 to 3.40, trying to sell and they aren't. NEver seen something like that. I put an order in and it says invalid symbol. called in, no go. now I'm sending messages. WHAT!!!
please keep us informed about this...
if they are "breaking trades" we are in for a real sh!tstorm...
i've been stuck in an "DTC global lock" on a pennystock for three years that the DTC won't honor, and i suspect we have some problems in the market that are even worse than the credit market....
look up "global lock" stock... it's doesn't exist, but we've had one for three years.. it's something they made up on the spot to cover up a serious flaw in the settlement system...
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30260 | From: USA | Registered: Sep 2003
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posted
How are you trading the VIX, its just an indicator. Are you saying you have options on the indicator itself? I haven't seen this, nor do any of my accounts offer such a trade. Please inform.
Posts: 3607 | From: houston | Registered: Mar 2006
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posted
BCIT, I presume? I wasn't around yet for that one (or I was around but missed it) but I've heard tons about it. I'm in a similar boat with BHUB, but "only" ~18 months on that one...
quote:Originally posted by glassman:
quote:Originally posted by Rockster:
quote:Originally posted by PCola77: VIX just hit another all-time high. Broke 80 a few minutes ago.
ya and I have a call option at 85 from a week ago and now etrade says they don't trade it anymore. IT"S IN MY ACCOUNT!!
went from .60 to 3.40, trying to sell and they aren't. NEver seen something like that. I put an order in and it says invalid symbol. called in, no go. now I'm sending messages. WHAT!!!
please keep us informed about this...
if they are "breaking trades" we are in for a real sh!tstorm...
i've been stuck in an "DTC global lock" on a pennystock for three years that the DTC won't honor, and i suspect we have some problems in the market that are even worse than the credit market....
look up "global lock" stock... it's doesn't exist, but we've had one for three years.. it's something they made up on the spot to cover up a serious flaw in the settlement system...
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
that's the one.. some idiot broker allowed a couple hundred million counterfeit certs into the market, the DTC didn't do their DD on the fake TA and now they don't seem to fell obligated to buy the shares back
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30260 | From: USA | Registered: Sep 2003
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posted
VIX Options Index Surges to Record as Stocks Rout Intensifies
By Jeff Kearns
Oct. 16 (Bloomberg) -- The benchmark index for U.S. stock options reached 80 for the first time in its 18-year history, driven higher by equities extending the biggest slide since 1987 on concern the economy will continue deteriorating.
The VIX, as the Chicago Board Options Exchange Volatility Index is known, increased 17 percent to 81.13 at 11:14 a.m. in New York after earlier rising to 81.17. The index measures the cost of using options as insurance against declines in the Standard & Poor's 500 Index, which lost 4.5 percent. The S&P 500 tumbled 9 percent yesterday. Today's VIX record eclipsed the peak of 76.94 on Oct. 10, when U.S. stocks completed their worst week since the 1930s.
``It's absolutely uncharted territory,'' Matt Shapiro, a VIX options trader at Stutland Equities LLC, said in an interview from the CBOE floor. ``It's very frightening and there's a huge explosion to buy any options on the VIX, especially 70 and 90.''
The VXO Volatility Index, a predecessor to the VIX that reflects the price of options on the S&P 100, climbed 23 percent to 84.30. It jumped to 103.41 on Oct. 10. The ``old VIX'' set an intraday record of 172.79 a day after the October 1987 stock- market crash.
To contact the reporter on this story: Jeff Kearns in New York at jkearns3*bloomberg.net. Last Updated: October 16, 2008 11:16 EDT
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30260 | From: USA | Registered: Sep 2003
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the brokers desked it and didn't find a counterparty to teh contract? so now they won't pay it?
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30260 | From: USA | Registered: Sep 2003
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posted
WATCH OUT BELOW:::::PRES GIVING ANOTHER TALK TODAY::::
AP Bush to give pep talk to anxious country Friday Friday October 17, 6:46 am ET By Jeannine Aversa, AP Economics Writer Bush to give pep talk Friday to country racked by economic, financial problems
WASHINGTON (AP) -- Wild gyrations on Wall Street, a loss of confidence in the U.S. banking system and worries the economy will be weak for some time are raising Americans' anxiety level. Against this backdrop, President Bush on Friday was to give the nation a more detailed explanation of what the government is doing to battle the worst financial crisis in more than a half-century.
Posts: 1986 | From: Florida | Registered: Mar 2006
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posted
Just plan opposite on whatever your thinking. LOL (just kidding) Futures are only a little red this morning so we may get a small gap down with some decent action. I was surprised to only see the nikkei only recover less than 3%. I'm thinking more sideways so we could get another 1k swing. NIKKEI8693.82235.37+2.78%
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7064 | From: Virginia | Registered: May 2006
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plan was more in effect but has been on the rise even in a bad market..Just wonder what each day brings now...
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