Right, you're up today, everyone is up. Increasenow forecasts armageddon yet somehow neglected to hit sell. Your NDX call is down 50 points and you're miraculously up. Amazing.
I really don't understand why people don't admit when they make a bad call or take a loss. It's actually makes you more of a man, not less of one, to admit your mistake.
Oh, so your so-called "bubble" in Oil isn't collapsing anymore? It's only gone down $30.00 from the highs which is LESS THAN 20%. I thought you said that it was a "bubble" and had PLENTY of more downside to go, no? You're bullish on Oil now? :eek: LOL!
nah, not yet, thats years and years away.... I dont think RIMM, AAPL, GOOG, AMZN and a few others can take the NDX back to early 2000 levels. I believe new stocks would have to emerge and something as big as the internet to create another cycle like the one we had in the late 90's. You would have to be a fool to think AAPL, RIMM, GOOG AMZN and a few other tech stocks would lead the NDX back to new highs. NEVER GOING TO HAPPEN....
You completely missed my point. No where in my post did I say anything about "early 2000 levels" in the Nasdaq.
Im not bullish on oil, it has plenty of room to fall, but I believe oil sees a bounce back to the $125-$130 range, I did buy a small amount of DXO on this pullback for my IRA. Long term oil is headed down, US is in a recession and all other countries are headed into one as well, there is no need to think oil is headed higher when demand is falling due to the slowing economies worldwide.