I went long Friday and will go long from now on. Got burned on Thusday by shorting. Bottom has been reached. Stocks will keep rising. This bear market has lasted longer than the previous ones and has been more devastating with WCOM, KM and the dot coms failure.
jturner, You made money by shorting the cube. I am gonna make money by going long. Bought 500 shares today and will hold them for a while. This is the beginning of another bull market.
I agree. The bulls are back! Bears can rerturn to their caves now. They've been out for too long and created too many damages. Buy low. Sell high. Now it's time to buy.
...the last three posters seem very bullish...myself I will have to see more consolidation and a return of more volume ...even then I wouldn't be too quick to call a bottom yet. With earning being released all this week, it will be very telling for the Q's and the market as a whole ... good trading all... mrktwiz
Even me, the king of shorting go long in this market. Lots of accumulation has been made during the past week. Let's make top $$$
I hope you didnt short yahoo. This baby is going to the moon. Been Undervalued for a long time. Will catch EBAY very soon.
Yhoo has been leading the rally. I think it is at its intrinic value right now, between 13 and 15. Good for daytrade.