this market is headed lower

Discussion in 'Trading' started by empee, Jan 30, 2009.

  1. well this market turned to shit awefully fast. glad i sold amzn and isrg at open
     
    #61     Feb 4, 2009
  2. S2007S

    S2007S



    I know that the entire banking sector weighs less now than ever before within the s&p, what you fail to understand is that if BAC, C and the rest of the group go to ZERO the market will fall 2000-3000 points over a weeks time, I dont care what the weighing of these stocks are at this time, market psychology is still impacted negatively when these stocks are trending down and if the rest of the bank stocks like STT, JPM, GS, MS all head to single digits you can expect the markets to sell off with that group.
     
    #62     Feb 4, 2009
  3. buy em back soon
     
    #63     Feb 4, 2009
  4. Are you gay?
     
    #64     Feb 4, 2009
  5. Mav88

    Mav88

    market exploding up, trad3r proven correct
     
    #65     Feb 5, 2009
  6. l2tradr

    l2tradr

    It's bound to happen when you say "market surging WERD" 5 times a day.
     
    #66     Feb 5, 2009
  7. Mav88

    Mav88

    sometimes it does surge 5 times, it takes a genius to call that one
     
    #67     Feb 5, 2009
  8. It is said that stock_trad3r is the great Jesse Livermore himself...:eek:
     
    #68     Feb 5, 2009
  9. everything green
     
    #69     Feb 5, 2009
  10. And he's definitely as good of a tape reader as Jesse Livermore!
     
    #70     Feb 5, 2009