Last 30 Minutes, Oct 30th

Discussion in 'Trading' started by MrDODGE, Oct 30, 2008.

Last 30 minutes

  1. +400+

    7 vote(s)
    20.0%
  2. +200

    5 vote(s)
    14.3%
  3. +100

    5 vote(s)
    14.3%
  4. Stay about even

    3 vote(s)
    8.6%
  5. -100

    9 vote(s)
    25.7%
  6. -200

    4 vote(s)
    11.4%
  7. -400+

    2 vote(s)
    5.7%
  1. I think the poll should be


    E ticket
    D ticket
    C ticket
    B ticket
    A ticket
     
    #11     Oct 30, 2008
  2. Look for a rally in the last 15 minutes. When the markets are steady, the market tends to rally in the last 15.
     
    #12     Oct 30, 2008
  3. Lucrum

    Lucrum

    Is that poll based on Dow points or S&P points?

    :D
     
    #13     Oct 30, 2008
  4. Those who voted +200 win a cookie

    [​IMG]
     
    #14     Oct 30, 2008
  5. warning really long post warning

    Longs win. Period.

    ~~~

    This is the turning of a new leaf. NO WAY this rally gonna be sold off. We're in a new bull market that technically began October 10th because the lows DIDN'T break and never will.

    But we're still in the new era of hypercapitalism, consumerism, spendism, web 2.0, globalism, materialism. A second internet boom in the Silicon Valley. Huge consumer spending. Low unemployment. Record college attendance. Record credit card debt.

    Nothing changed economically between now and 2007 except a tiny dip in GDP. And that dip was smaller than expected.

    I know almost everything about economics. These overpaid idiots with their fancy degrees who write for the New York Times have their heads stuck in the sand when they say we're in a crisis. There is no crisis. There is no doom and gloom. It's all an illusion created by angry, poor, miserly demand-siders who hate rate cuts, deficits, bailouts, tax cuts, high commodity prices, a cheap dollar, Paulson, Reaganomics, and supply side.

    They claim we're in a consumer lead recession, which is nonsense. No evidence the US consumer has been impacted at all. Find me one compelling shred of evidence.

    Seeking alpha, CNBC, yahoo tech ticker, thestreet.com, Cavuto, Kudlow are all bullish. these websites run by the smartist minds know there is no crisis and are bullish on large cap tech, commodities, and Brazil.

    As I said before way back on October 10th this is just the start. The start of another huge bull market. Dow 14Ksoon. 'V' shaped recoveries. This 36% selloff was just a shakeout. In a few years it will amount to only a tiny dip on the chart like the 97' crash.

    Now with huge injection of liquidity, and low rates, and huge earnings, and strong fundamentals the market is ready to stage one of the biggest bull market advances in its history. It will be epic, unexpected, and blow everyone who is short out of the water.

    The bearish, penny pinching pundits will be dumbfounded, shaking their head with dismay after what seemed like assured economic and financial destruction a month ago transform into euphoric buying and renewed prosperity or the likes never seen before.

    ~~~
     
    #15     Oct 30, 2008
  6. maybe we will re-test one more time in a couple of months.
     
    #16     Oct 30, 2008