Market Is Crashing

Discussion in 'Trading' started by Mecro, May 10, 2004.

  1. Appeared on CNBC today and that is enough to make a LOW in the equity-markets!

    I have 1073 for my S&P target.

    :p
     
    #11     May 10, 2004
  2. LOL is that the famous "jump out the frying pan, into the fire" trading strategy?

    IF the stockmarket melts, you're gonna get your ass hung in a sling buying gold.

    Only thing you can do is to buy extremely defensive stock issues or a money market fund.

    Anyway it's all moot because the market won't go too much lower from here.
     
    #12     May 10, 2004
  3. Mecro

    Mecro

    Wow,

    for the second time,

    IT WAS A JOKE.
     
    #13     May 11, 2004
  4. haha woops, I only read the first post in the thread.
     
    #14     May 11, 2004
  5. girifox

    girifox

    Wouldn't it be something if you ended up being right, though?




     
    #15     May 11, 2004
  6. #16     May 11, 2004
  7. Mecro

    Mecro


    I really do not care, either a ripping bull or a crash would provide me with many opportunities.

    Yesterday I did not like. Stocks just did not trade well.
     
    #17     May 11, 2004