Stories such as these is all the proof we need that the market is gonna surge much right real soon: http://www.redherring.com/blogs/23944 And 15,000+ social networking stories on google news http://news.google.com/news?hl=en&u...ie=UTF-8&q="social+networking"&sa=N&start=100 You can't tell me there are problems with the economy when I can't see them.
Hey ST: Lets's dissect this a bit. You DO know basic mathematics, right? Ok, you and your momo stocks have corrected and it was severe. You expect them to once again ascend with a market soon to be back at new highs - after all, this market melee is simply an over-reaction. Don't you know how much of a percentage move a stock has to make once it has come down 35-55%? Well let me refresh you. So GAGA triples and goes from 60 to 180 or a 200% move, during a strong momentous move. It then corrects 35% and now sits at 117. To go back to 180 it will need to 54% move. If it corrected 45% and sits at 99 it will need a 82% to reach a new high. If it corrected 55% and sits at 81 it will need a 122% to reach a new high. So you see, it is going to take a stellar move to reach the previous highs once these momo stocks correct as much as they have. Therein lies the reasoning behind stopping your losses for growth stock investors. pS
It is true that growth stocks tend to correct more, but they also rise more. When the dow retests 14,000 RIM, EWZ, ISRG, FSLR, BIDU, GOOG, AAPL will be much higher. If you buy the wrong growth stocks you will get burned though. CROX and DRYS are perfect examples of this. Those stocks will never come back. We are still in a bul market. Here are more headlines about spitxer's whore: http://afp.google.com/article/ALeqM5jD0Tz1rowwLrggIA-sYs7Uep0SMQ This is a bull market like the clinton monica scandal in 1998. Sex=more upside
if somebody thinks the bottom is near and would would like to go long MOS and FSLR what's a possible game plan here? are you really serious about +40%? over what time-frame? is now the time to buy? would not it be more prudent to wait till the market starts to move up?
NO one rings a bell at the bottom or top. But the market is about 19% off its highs, which seems like a good buying opportunity to me. Plan to buy a ton of VISA stock soon.
It can't be bull since the majority turn toward the bear (BSC). I think this thread should be closed since there is no longer valid arguments for the bull. The bear win the fight.
But everything seems like a good buying opportunity to you. More sex = bullish More masturbation = bullish Recession = bullish Banks going down = bullish More porn downloads = bullish
the great utility of this board is the archives and using current posts as a sentiment indicator to fade what the average market idiot is doing.