When will it turn around? Gee, I wouldn't make any predictions about **anything** until we see what happens to the "Big 3 Automakers". If even one of those companies goes under, then we may see the beginnings of a real meltdown.
I really meant money annaland. Never mind, just so long as you wound up happy ... that is all that matters regards f9
You called 7777 as "The bottom" when the Dow was above 9600 and it never traded higher, it collapsed 1700 points straight. You called "the top" on CROX and it doubled. Awful.
Why would it trade higher, i didnt make a higher call. i am not following your logic. I stated that the cash DJIA would not trade below 7777 for the next 2 years at the very least. The DJIA has not traded below 7777, therefore the call remains intact and correct. You guys are sooo short term sighted. This was a macro long term call--and it remains accurate. CROX, yeah, i was early--but the call panned out if you had the wherewithall to withstand the drawdown.... surf
Macro long term call = excuse for being wrong when it really matters Timing is everything when it comes to profitable trading. My personal macro long term call is DJIA goes to 13,000 within the next decade! Of course that observation is as useful as tits on a bull.
This statement shows why you are a failed trader. CROX was in mega short squeeze mode and you stepped right in front of the train. The risk reward was terrible. Every person in the world knew that CROX wasn't a billion dollar plastic shoe company. Like all fads, at some point it was going to collapse. TIMING was the key. You didn't have it and got steamrolled short while CROX doubled. As for the DOW "bottom" call. You made it and the market dropped 19% over the next week and a half. -19% on the DOW in 7 trading days and you're trying to defend it as a "macro call". Pathetic.