did we bottom today?

Discussion in 'Trading' started by dtrader30, Dec 13, 2007.

  1. The Nasdaq filled the gap from a few days ago. Today this market wanted to sell off but it didn't go down, and we ended up bouncing back in the afternoon. Do you think it will continue going up tomorrow?
  2. Yeah, we will skyrocket just after the CPI numbers tomorrow show inflation will be a problem. The market will look at future Fed increases as bullish.
  3. CPI number will make Bond market sell off; equities are becoming more attractive.
  4. See how nicely that worked?

    :cool: :eek:
  5. nealvan


    Thanks a lot. I followed your investment advice. Now I'm completely broke because of you. Shame on you! Don't you know what your saying.. I'm calling my lawyer.
  6. Sorry, that wasn't investment advice.

    You want my investment advice?

    Stay out of the market.
  7. dtrader30, how's your bottom doing?
  8. Digs


  9. No idea, but I bet we'll be a lot lower by April, and I'll continue to short any upward spikes. I doubt I'm the only one, so you'll have to contend with guys like me layin' 'em out at every bounce!:)
  10. I went short on Friday since we broke the lows I was talking about, and added more today.
    #10     Dec 17, 2007