Never said I would buy this dip...I maxed out weeks ago But buying dips does work, which was my other point. But arguing over who said what doesn't change the fact that a lot of shorts got caught with their pants down this afternoon. CFC just had great news and P0P futures higher... Too late to get out. All the gap-up gains locked and loaded. No one who is short has the guts to stay short overnight.
How much do you want to bet? I'll take that bet. Any amount of money you want to bet, I will match it.
Countrywide is the whole AH story. They make something like 20% of home loans in US. The BoA thing is a big story. We go up tomorrow - assuming some turd HF or bank doesn't admit they're broke.
You just said this below and then you said you did not buy the dip. You are a liar, plain and simple.
US futures from bloomberg: Dow 13,335.00 60.00 0.45 S&P 500 1,478.30 9.60 0.65 NASDAQ 1,957.00 12.00 0.62 very nice indeed
LOL, it keeps getting better. Way to back up your words! Man this guy is a complete moron. nkhoi can we get a ban already? If not for the stupidity, maybe for the newbies who may believe his stupid crap?