Re-Testing old lows...back to Nov 24th...new target is 650 for the S&P

Discussion in 'Trading' started by Port1385, Jan 11, 2009.

  1. You said this same crap at 1238 on the S+P - when you promised if it broke below you'd leave here forever. Yet here you are at 875 singing the same, broken tune. Fact? The only fact is that you are almost always wrong. One merely needs to do a search of all of your posts to verify that.
     
    #31     Jan 12, 2009
  2. Oh, if I could ban people just for being stupid, this site would have about 100 users.
     
    #32     Jan 12, 2009
  3. tradersboredom

    tradersboredom Guest

    savings bonds?

    are you crazy. interest rates is 1%. you hear 1%

    banks are lending your money at 10%

    i can understand 80 year old ladies buying bonds but they can always let their grand children have their portfolio so too old to invest is hog wash.

    stocks are so low some of these companies are going private and delisted. the owners or majority owners don't need the public market.

     
    #33     Jan 12, 2009
  4. tradersboredom

    tradersboredom Guest

    there isn't a lot of cash in the market or what you call liquidity problem.

    some funds have to have a 33% percentage of cash equivalent for withdrawals on their portfolios. a trader must have cash too.

    in illiquid market cash positions are increased. very few sellers and very few buyers in this market. all stocks are trading like penny stocks. even fortune 500 company stocks are trading like penny stocks.

    there are fiortune 500 securities paying 10-15% dividend dude. msft cash cow is paying 3% dividend so don't tell me about safey of bonds.

    bonds is same as stocks just more liquid. there is blood and fear in the streets.


     
    #34     Jan 12, 2009
  5. tradersboredom

    tradersboredom Guest

    i wouldn't waste my time with bonds or t-bills if i had 1 millon dollar cash and annual cashflow of $500,000/year at this time.


     
    #35     Jan 12, 2009
  6. Are you Larry Ludlow of CNBC or Don Luskin ? check out the link

    http://www.ritholtz.com/blog/2008/12/worst-predictions-for-2008/

    :D
     
    #36     Jan 12, 2009
  7. There 1-2% selloffs on light volume mean little when the market can easily surge 3-6% as it has done in the past for whatever reason.

    Futures steadily moving higher:

    Dow 8,474.00 30.00 0.36
    S&P 500 872.40 4.30 0.50
    NASDAQ 100 1,211.25 5.25 0.44

    We could open higher by 1% in anticipation of better than expected retail sales and end the day up 3% on solid volume. That would pretty much stick a fork in all this 'chart breakdown' rubbish.

    I would have liked to have seen the dow at 10,000 by now, but we'll have to wait a month or so I guess.
     
    #37     Jan 12, 2009

  8. 650 NOT POSSIBEL EARNINGS NEXT YEAR FOR SP500 WILL BE REVISED TO $40 AT P/E OF 8 I PUT A TARGET OF 240 FOR THE SP500

    and about 3000 on the Dow Jones sorry for caps
     
    #38     Jan 12, 2009
  9. This chart looks positive to me ... perhaps it's the weed I'm smoking
     
    #39     Jan 12, 2009
  10. Dont think!!! Dont logic it out!!! Its time to go "all in" on the BGZ. Its that time. We have broken through the trend line and we are heading for a royal crash. Just do it.
     
    #40     Jan 12, 2009