Will you buy this dip?

Discussion in 'Trading' started by crgarcia, Nov 1, 2007.

  1. How do you like UNG? Been very good to me the last week.
     
    #11     Nov 1, 2007
  2. wake37

    wake37

    tomorrow we gap lower, then i buy:D
     
    #12     Nov 1, 2007
  3. Citi's huge. But forecast low is not bad ($30.00). Not a disaster. Trouble is.. these things grow and spread. Then the pundits revise their foreacasts.
     
    #13     Nov 1, 2007
  4. Surdo

    Surdo

    stock_trad3r is on top of my IGNORE list.
     
    #14     Nov 1, 2007
  5. Wait till 3:59, buy the close and go long into tomorrow's job numbers. Numbers will probably be good since last report sucked.

    I look to be picking up some DDM at $93.75
     
    #15     Nov 1, 2007
  6. S2007S

    S2007S

    I went long a little bit on this dip, sold some TWM this morning and took that money and went long some ETFS when the DOW was down around 250.
     
    #16     Nov 1, 2007
  7. I was off today. markets kept tanking BUT I am fully confident it will reboud later

    The only thing that could possibly pause this rally is if the fed begins raising rates. Given the citi news and so called 'credit crunch' news another cut looks like a strong possibility. The fed can cut all the way to 3 or lower if they need to.
     
    #17     Nov 1, 2007
  8. Short into any morning rally tomorrow.
     
    #18     Nov 1, 2007
  9. Yes, perhaps he should replace the S&P screen with one from Pichunter. He may find better use of that hand of his there.
     
    #19     Nov 1, 2007
  10. it will be interesting to see how the bears on cnbc react to this
     
    #20     Nov 1, 2007