posted
All these experts looking at charts are crazy!! You can't compare this to anything else in history. People saying they know where the market is going is full of it. They just need to fill up air time on TV! lol
Posts: 1458 | From: Ohio | Registered: Mar 2004
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posted
would be nice to see more views from those here. Things stay on a decent keel invester could end up being right. How many can live with that!!!??
j/k invester LOL
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by BooDog: would be nice to see more views from those here. Things stay on a decent keel invester could end up being right. How many can live with that!!!??
posted
When oil broke support at $75.00 bbl that left the next support around $53-55.00 bbl. Right now we are in the mid $60's, so when oil drops another $10.00 bbl and maintains support, I'll feel a little better about calling a bottom.
Posts: 602 | Registered: Aug 2005
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quote:Originally posted by jon clogger: When oil broke support at $75.00 bbl that left the next support around $53-55.00 bbl. Right now we are in the mid $60's, so when oil drops another $10.00 bbl and maintains support, I'll feel a little better about calling a bottom.
That's why they're cutting production.
some of the oils on my list have taken 3 - 18% + losses since just the 14th, they can't handle it and will cut the output as much as they can. While this could be one measuring stick it still has a lot of influence that will "distract" an actual market bottom in my opinion. I was looking for gold to present signs of a bottom along the same lines you may have been thinking oil. Once gold peaked poof, there would be a sign we were close, so much for that theory. Still need to look at more charts and do some more research. I think we are in more of an over correction trend (panic mode) where we will continue to see 500 - 1000 point swings. I think it will settle as more companies fess up where they stand, especially with the financials. Getting the toxic waste and the foreclosures under control as well as identifying credit defaults that are out there will help also. Just rambling.
Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Australia ASX 100 -45.00 -1.41% 3,137.60 10/27 4:47pm Australia ASX All Ords -63.30 -1.65% 3,768.30 10/27 4:47pm Australia ASX Mid-cap 50 -56.00 -1.57% 3,507.50 10/27 4:47pm Hong Kong Hang Seng -1,602.54 -12.70% 11,015.84 10/27 5:59pm Hong Kong HSCC Red Chip -225.18 -8.88% 2,311.45 10/27 4:35pm Japan Nikkei 225 -486.18 -6.36% 7,162.90 10/27 4:30pm
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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"The market is doing a terrific job of pricing in Armageddon, but that scenario is off the table because of the bold and creative steps that the Fed and Treasury Department have taken," he said. "That leaves us not with Armageddon but a recession. And recessions end. At some point, investors have to realize that and prepare for an upturn."
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | 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: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by osubucks30: Time to start unloading again!
yep. futures will put the fear back out there. Can't have a fluke run without a pull back. Dow aint nuttin but a glorified pinky right now imo. lol
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Thought we would have sold off today. Couple that with a 50 bp cut and we may have a winner here. It also looks as if banks are starting to lend. Posts: 4381 | From: houston | Registered: Mar 2006
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quote:Originally posted by Rockster: Hope things turn around.. I'm long... very long
Let's see,
yep I'm long too.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by Rockster: When you think the market will turn... buy some SPY call options. (with money you don't mind going down)
Jermyn
made 259% yesterday when market turned (risky)
Very nice. Just small time here. A swing here and there.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Looking like another big red day on Monday due to another bank going under yesterday. That makes only 17, for now...
Funny thing is, I have only seen coverage on it once on TV since yesterday.
10/31:
"Of the roughly 8,500 FDIC-insured banks, 117 were considered to be in trouble in the second quarter — the highest level in about five years and up from 90 in the first quarter. The agency doesn't disclose the banks' names."
posted
"It's expected that many more banks won't survive the next year of economic tumult."
"In addition, the FDIC may guarantee nearly $2 trillion in U.S. banks' debt and deposit accounts in an effort to break the crippling logjam in bank-to-bank lending.
Well over half of the roughly 8,500 federally-insured banks and savings and loans are expected to tap the FDIC's temporary guarantees. The agency will provide as much as $1.4 trillion in insurance for more than three years for loans between banks, guaranteeing the new debt in the event the issuing bank failed or its holding company filed for bankruptcy."
posted
Freedom Bank? Only $32 billion in assets. Shouldn’t even make a dent in Monday's trading.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
I'm willing to give invester the call on a fundamental bottom, but I think we have yet to see a psychological bottom.
It's not the news, it's the reaction to the news. People are waiting for the other shoe to drop, and it will, even if they have it make it drop.
Posts: 602 | Registered: Aug 2005
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posted
quote: -------------------------------------------------------------------------------- Originally posted by Peaser: SVNT - only if they can get a partner, or get bought. --------------------------------------------------------------------------------
Long term hold????? Long term? Wow. I can’t hold my tongue any more. With our entire market being down, and some of the greatest companies out there trading at a P/E of 4 or lower, you choose SVNT. I suppose that's why I have been right 100% of every call I have made and you have been wrong 100% of the time. Literally, 100% of the time guy. You have an obligation when posting, to at the bear minimum know what you’re doing. I'm not attacking you but you’re awful. I have the posts to back up my record. Under ALLSTOCKS .Hot stocks forum "buyout candidates”. You even bashed CC when I was making my call. "Who wants them you say, what about K-Mart” If you know how to read a balance sheet they have well over 1 billion in real estate. Stock trades at $30 million. I'm now up well over 100% as your still waiting for your call of DOW 5000. LoL. Get educated before you influence others to spend there hard earned money on your ridiculous calls.
Posts: 4381 | From: houston | Registered: Mar 2006
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Look, I don't mean to me mean, but you say you've been right 100% of the time. Your Kool-Aid man is so ridiculous. I'll ask you, please back that up on this thread. I, as well as others have read your inaccurate rants. I'm not attacking you but real people read these threads, invest money, and you obviously have no comprehension on a good recommendation let alone a good "long term investment". Guy, you once asked me "how old are you". I'll answer you, I'm old enough to have been a stock broker out of College, then an Investment Banker. I now trade Energy and Stock, along with options on stock for a living and make more in a day than you will EVER make in a year. I guarantee that I am the most educated and experienced trader on this site, let alone the whole industry. I also see you work at USANA, So sad.
Posts: 4381 | From: houston | Registered: Mar 2006
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I suppose a dry county let alone the state. Have two wives do you? Mormon? Are you friends with Elizabeth Smart? She’s from your town.
Posts: 4381 | From: houston | Registered: Mar 2006
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NEW YORK -- Retailers report October sales results.
WASHINGTON -- Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases productivity for the third quarter, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates.
ST. LOUIS -- Anheuser-Busch Cos. releases third-quarter financial results.
FORT LAUDERDALE, Fla. -- AutoNation Inc. releases third-quarter financial results.
NEW YORK -- Blackstone Group LP releases third-quarter financial results.
DALLAS -- Blockbuster Inc. releases third-quarter financial results.
BETHPAGE, N.Y. -- Cablevision Systems Corp. releases third-quarter financial results.
EL SEGUNDO, Calif. -- DirecTV Group Inc. releases third-quarter financial results.
HOUSTON -- Dynegy Inc. releases third-quarter financial results.
NEW YORK -- Nasdaq OMX Group Inc. releases third-quarter financial results.
SAN DIEGO -- Qualcomm Inc. releases fourth-quarter financial results.
BURBANK, Calif. -- Walt Disney Co. releases fourth-quarter financial results.
MANILA, Philippines -- Release of Philippines inflation data for October.
FRIDAY, Nov. 7
WASHINGTON -- Labor Department releases unemployment data for October, 8:30 a.m.; Federal Reserve releases consumer credit data for September, 3 p.m.
BRUSSELS, Belgium -- European Union leaders hold special meeting to discuss reforms of international financial system ahead of economic summit in Washington on Nov. 14.
DETROIT -- Ford Motor Co. releases third-quarter financial results.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by invester: PEASER>>>>>>>>>>>>>>>>>
Look, I don't mean to me mean, but you say you've been right 100% of the time. Your Kool-Aid man is so ridiculous. I'll ask you, please back that up on this thread. I, as well as others have read your inaccurate rants. I'm not attacking you but real people read these threads, invest money, and you obviously have no comprehension on a good recommendation let alone a good "long term investment". Guy, you once asked me "how old are you". I'll answer you, I'm old enough to have been a stock broker out of College, then an Investment Banker. I now trade Energy and Stock, along with options on stock for a living and make more in a day than you will EVER make in a year. I guarantee that I am the most educated and experienced trader on this site, let alone the whole industry. I also see you work at USANA, So sad.
Geez, can't you get your blatant lies straightened out and quit double posting your ignorance on two separate threads, wasting folks' time?
posted
It was all just a bear market rally. This recesion is going to be long and deep. If you are long you better buy and not pay attention for a couple of years. Decent trading environment but what if you would of bought Monday? Alot of risk in this market. Even tho people act like the bottom is in we can go alot lower.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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