Sucker Rally alert

Discussion in 'Trading' started by oktiri, Oct 16, 2008.

  1. I respect all you guys who post here and admittingly most are probably more talented than me, but I cannot understand how you take guys like stock seriously. I always wonder whether stock, regal and others are just pulling eveyone's chain, that is the way I understand it anyway.
    I picture these guys posting, then sitting back and having a good laugh for themselves.
    Guess I'm just cynical, must be a N.Y. thing
     
    #21     Oct 16, 2008
  2. l2tradr

    l2tradr

    Yup, a 5000 point shakeout. Moron.
     
    #22     Oct 16, 2008
  3. This is just a shakeout
    I love this guy:)
     
    #23     Oct 16, 2008
  4. if you measure YOY so far the DJIA is only down 32 percent. If it gains another 15% in the next three months it will only be down 15% YOY. That is a setback, but not a catastrophe. You have to put things in perspective.
     
    #24     Oct 16, 2008
  5. #25     Oct 16, 2008
  6. Gotta save this one too.
     
    #26     Oct 16, 2008
  7. Here is a 12-year perspective on Nasdaq:

    [​IMG]

    Based on this chart, do stocks go up or down over long term? I have no idea.
     
    #27     Oct 16, 2008
  8. I was referring to the DOW. The nasdaq chart is distorted because of the tech bubble.
     
    #28     Oct 16, 2008
  9. S2007S

    S2007S



    Tech what????


    did you say bubble?????
     
    #29     Oct 16, 2008
  10. S2007S

    S2007S


    The nasdaq will take at least 10 years before it sees 5000 again.
     
    #30     Oct 16, 2008