Capitulation

Discussion in 'Trading' started by CONR, Sep 14, 2008.

  1. zactly!
     
    #41     Sep 16, 2008
  2. CONR

    CONR

    Who's laughing now. Instead of criticizing people, why don't you stop playing pocket pool and wipe your tears because you sold every thing you own at 8:30.
     
    #42     Sep 16, 2008
  3. You obviously don't trade the energy names.
     
    #43     Sep 16, 2008
  4. Cutten

    Cutten

    Well if you were "long calls on brokers & financials, and a crapload of Yen, bond, and gold puts" you would have done pretty good today.
     
    #44     Sep 16, 2008
  5. piezoe

    piezoe

    I don't know if you are right. I don't think you are. But in any case you should not wade into this market during triple witching week. Wait at least until that's over, then re-evaluate. Seems to me we should have at minimum another 10% to go down. At least to the 1050 area, that someone else has mentioned, and probably lower still after the election. Perhaps in 2009. Good luck, but i recommend being more patient.
     
    #45     Sep 16, 2008