Triple bottoms are rare: its game over

Discussion in 'Trading' started by detective, Jan 4, 2008.

  1. cszulc

    cszulc

    True, I have no idea if this a bottom and time will tell. I don't think we're done with the bull market, although the first 2 quarters will be a little rough.
     
    #21     Jan 4, 2008
  2. Yup.
    Bears get all nippy on a downer like today, bulls get all hot on big days up like we had somewhere in there last week.
    Which is fine. Someone's gotta fund the market...
     
    #22     Jan 4, 2008
  3. Trayo

    Trayo

    Long.

    All that funny money they are printing nite & day has to go somewhere. Not going into real estate again any time soon...
     
    #23     Jan 4, 2008
  4. dylan57

    dylan57

    Head and shoulders, bump and run, broken trendline ... technicals look terrible.
     
    #24     Jan 4, 2008
  5. Damn straight there is gonna be a fed move - liquidity baby!

    This is only a correction in the bull - the bull is alive and well
     
    #25     Jan 4, 2008
  6. I think they will make it break that support level , go down aways and then rally big.........and I'm stuck in a bunch of spiders(spy)

    Nothin is working like the textbooks say it should..........i.e. trends, support levels etc.
     
    #26     Jan 4, 2008
  7. the technicals suck alright but look worse given gold made a 28 year high in nominal terms....

    and the dollar was beaten like a rented mule...

    dont pay attention to the man behind the curtain....
     
    #27     Jan 4, 2008
  8. bgp

    bgp

    saturday morn at 10:30 c.t.d peter schiff will be on fox. he's good.

    bgp
     
    #28     Jan 4, 2008
  9. put up a yearly chart of the S+P 500 for 3 years or more and the fact that its came down to 1410 three times looks insignificant
     
    #29     Jan 4, 2008
  10. dsq

    dsq

    my broken record mantra: market is selling at near historically low PE ratios...bear markets dont start at these levels...even with contracting earnings,its being reflected in the p/e ratio...

    this is a range bound market 12500-13700...buy lo/sell hi

    cramer also is very bearish---contrarian indicator

    market bottom at dow 12600 or so...could bounce on monday after morning sell-off....fed cut rumors?

    bush speaks on monday again-bad for markets!
     
    #30     Jan 4, 2008