Well Morons Nasdaq Will Be Down Another 1.5% On 1/19/07

Just be careful - if IBM starts halving its loss intraday we might get a little short squeeze.

 

Markets are turning up...some good earnings out.

Still see a lot of red in the techs.

 

I agree the big names in tech will come back, but when they do if I owned them I would probably sell them and consider it a second chance. Normal corrections are ABC corrections so we eventually will get a b wave up, but then we will get a strong c wave down. When the c correction is over it will be time to buy buy buy.

 

Bluestreek hard at work, analyzing the market and posting on ET

 

LOL

 

Hmmm...Brownstreek was right once out of 27 times?

Hell, even Cramer is better than that!

 

Fuk Cramer.

 

Nice call douchebag. Hope you participated.

 

I guess the yahoo message board shills have found a new home.

 

we should thank him for being the ultimate contrarian indicator