ET Official Bottom Watch Thread

Dude you have ZERO credibility. You always say buy. Please just go away.

 

I think longer term.

This bear market will have a v bottom recovery becasue all the 3-1 and 4-1 margin shorts are gonna blow up and cover and force the dow to 11,500 in a month or so. Then a steady rally to 14,000 on better than expected econ numbers and strong earnings growth.

Many people didnt enter the short game till last week. Now acounts are going red because the overleverage.

Excess leverage and strong fundamentals is why the recovery will be v shaped and why strock trad3r knows more than you think.

 

Can we take a breath now? Phew, what a day. G7 had better act or it will be more of the same next week.

Have a great weekend all.

 

Take this with a grain of salt. However, I say the same for the permabears now talking Dow 5500, etc.

This looks like a good long-term entry point. If we drop much lower, we have very strong support from 2002-2003. If we drop way below that? Heck, might as well have (and lose) your money in stocks...everything else is tanking anyway (gold, oil, USD.


With that said, you could argue plenty of doom-and-gloom from 1973-4, 1987, 9/11, and 2002/early 2003. Now, in hindsight, we can say "it wasn't so bad back then," but living through it in real-time was very different. I'm not sure this is worse than wondering if another terrorist attack would occur tomorrow or if my mail had anthrax.

 

Do you think technology stocks will lead the recovery this time based on today's close?

 

We may get a dead cat bounce here but there's too much volatility for this to be bottom.

 

Good grief, are you really John McCain! The fundies of this economy suck and will suck for at least a year or two. Stocks might bounce a little higher from here but we aint seeing 1600 on SnP for a LOONNNNG time!

 

stock, fess up, if you even have a trading account, how much are you down this year...I personally think you have nothing at stake, because no one would be stupid enough to watch the momo stocks you love get bitch slapped w/out some sort of stop...if you are still holding these "stocks" you have to be down at least 70% why are you still here trying to show how much you know?

 

Can you please not post on this thread! Go post in chit chat!!! Late 2009 isn't trading it's investing. Go post this in investing somewhere!

 

he won't say, nobody likes to brag about losses.