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![]() "robert g smith" wrote in message m... We are not even close to a bottom. Dow 6,000 It's now Monday night, and last Friday sure looks like a bottom to me....as I correctly predicted. .....(patting myself on the back~) s "jonathan" wrote in message . .. I think we're close to, or at, the bottom, as once a /true panic/ takes hold it only takes a few days to play itself out. Anyone that hasn't sold by now is either clue-less, or resigned to go long. Time to start bargain hunting! I bet a dart board could return 20% over the next couple of weeks. Good luck Jonathan s |
#2
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![]() "jonathan" wrote in message . .. I think we're close to, or at, the bottom, as once a /true panic/ takes hold it only takes a few days to play itself out. Anyone that hasn't sold by now is either clue-less, or resigned to go long. Time to start bargain hunting! I bet a dart board could return 20% over the next couple of weeks. Good luck Jonathan s I agree, GM at $4.xx---Cant get any better than that. I'll look at the "giants" Microsoft, IBM, GM etc and hell they'll be some bargains there for sure ! BUY BUY BUY! Kitty |
#3
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![]() "Kitty" wrote in message . .. "jonathan" wrote in message . .. I think we're close to, or at, the bottom, as once a /true panic/ takes hold it only takes a few days to play itself out. Anyone that hasn't sold by now is either clue-less, or resigned to go long. Time to start bargain hunting! I bet a dart board could return 20% over the next couple of weeks. Good luck Jonathan s I agree, GM at $4.xx---Cant get any better than that. I'll look at the "giants" Microsoft, IBM, GM etc and hell they'll be some bargains there for sure ! BUY BUY BUY! I wouldn't be surprised if the coming bounce back happens next week sometime. Start looking for good entry points soon. What I do is a bit different though, look at the 20 day charts of din and gsol and the 10 day chart of pbks. Then look at the kind of volatility, huge swings that occur at the bottom. Now compare those three charts to the 10 day chart of the....Dow...hehe. Same pattern for the same reasons, total system uncertainty has become sufficient to start a panic. And all four should have very similar short term futures. A nice magnitude reliable bounce in a few short days/weeks from now. But while on the bottom, playing the volatility can be breathtaking. The swings are so large. Just wait for something large and obvious to happen, then act accordingly. When the bounce happens, take it, be happy and ....move on. After the first bounce the storm is over, and so is the predictability. The idea with this kind of trading is to find a nice ten or twenty percent bouncer every week. And never go too long, because there's always one of these 40% clips out there waiting to happen sooner or later to almost any company. Even the whole market as we see now. It's better to jump in after, not before. As Robin Williams said in The World According to Garp..... T.S.Garp: "We'll take the house. Honey, the chances of another plane hitting this house are astronomical. It's been pre-disastered. We're going to be safe here." I loved that scene~ Kitty |
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jonathan wrote:
"Kitty" wrote in message . .. "jonathan" wrote in message . .. I think we're close to, or at, the bottom, as once a /true panic/ takes hold it only takes a few days to play itself out. Anyone that hasn't sold by now is either clue-less, or resigned to go long. Time to start bargain hunting! I bet a dart board could return 20% over the next couple of weeks. Good luck Jonathan s I agree, GM at $4.xx---Cant get any better than that. I'll look at the "giants" Microsoft, IBM, GM etc and hell they'll be some bargains there for sure ! BUY BUY BUY! I wouldn't be surprised if the coming bounce back happens next week sometime. Start looking for good entry points soon. What I do is a bit different though, look at the 20 day charts of din and gsol and the 10 day chart of pbks. Then look at the kind of volatility, huge swings that occur at the bottom. Now compare those three charts to the 10 day chart of the....Dow...hehe. Same pattern for the same reasons, total system uncertainty has become sufficient to start a panic. And all four should have very similar short term futures. A nice magnitude reliable bounce in a few short days/weeks from now. But while on the bottom, playing the volatility can be breathtaking. The swings are so large. Just wait for something large and obvious to happen, then act accordingly. When the bounce happens, take it, be happy and ...move on. After the first bounce the storm is over, and so is the predictability. The idea with this kind of trading is to find a nice ten or twenty percent bouncer every week. And never go too long, because there's always one of these 40% clips out there waiting to happen sooner or later to almost any company. Even the whole market as we see now. It's better to jump in after, not before. As Robin Williams said in The World According to Garp..... T.S.Garp: "We'll take the house. Honey, the chances of another plane hitting this house are astronomical. It's been pre-disastered. We're going to be safe here." I loved that scene~ Kitty Right now none of your charts mean a damn thing, the market is being manipulated by world banks and the PPT. |
#5
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![]() jonathan wrote: I think we're close to, or at, the bottom, as once a /true panic/ takes hold it only takes a few days to play itself out. Anyone that hasn't sold by now is either clue-less, or resigned to go long. Time to start bargain hunting! I bet a dart board could return 20% over the next couple of weeks. DRama-o-Rama. Childrens play hide and seek. Investors play up and down. Now downists are tired. Upists will be in action. After few days up and down game will be over. That game was brought by upists and downists for media entertainment. |
#6
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jonathan wrote:
I think we're close to, or at, the bottom, as once a /true panic/ takes hold it only takes a few days to play itself out. Anyone that hasn't sold by now is either clue-less, or resigned to go long. Time to start bargain hunting! I bet a dart board could return 20% over the next couple of weeks. DRama-o-Rama. Childrens play hide and seek. Investors play up and down. Now downists are tired. Upists will be in action. After few days up and down game will be over. That game was brought by upists and downists for media entertainment. |
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