I'm calling bottom to Dow, S&P, and Nasdaq

Discussion in 'Trading' started by PortI385, Nov 14, 2008.

  1. PortI385

    PortI385

    Dow and S&P will not go below today's intraday low within 5 years. I believe we have bottomed. S&P going to 1800 next year. Too much bad news = bottom.
     
  2. If you are confident in your convictions, you should buy the 2x ETFs on the indexes.

    Easy money.
     
  3. screw that buy TNA
     
  4. Well....good luck with that!!! :eek:

    :D :p :D
     
  5. I agree. Not saying it wil lgo up but I think we are about at the bottom.
     
  6. Couldn't agree more :cool:
     
  7. Or the next shoe drops and we see a triple bottom breakdown, or is that quadruple bottom breakdown?
     
  8. Imba

    Imba

    Bulletprooff fact. When u see a rising amount of retail traders start screaming about "find a bottom" on different forums, you may be sure by 99% that actuall lows will be hammered soon.
     
  9. Just like the perma bears have their day in the sun, the perpetual bottom callers will eventually get it right.