StockFetcher Forums · General Discussion · Bear market ???<< 1 ... 2 3 4 5 6 ... 7 >>Post Follow-up
alf44
2,025 posts
msg #68142
Ignore alf44
10/7/2008 2:57:56 PM

...smelly fingers EVERY DAMN TIME !!!

I AM ... "alf44...Lord Of The Idiots" !!!

marine2
805 posts
msg #68179
Ignore marine2
10/8/2008 9:32:26 PM

Once the Dow Jones Industrials dips into the 8,000's begin your cherry picking. You know eventually this is going to bottom out and we are getting pretty darn close. With all the money going into our banks, and our government buying up bad loans, plus world banks getting new monies, and with the new global rate cut our market is getting ready to turn itself around. 3 years from now you will look back on these days as one of the greatest stock picking times of our lives. Let's make some money.

alf44
2,025 posts
msg #68181
Ignore alf44
modified
10/8/2008 9:41:20 PM

We will see a "Hair on Fire" rally...before we see (IF WE SEE) ... "DOW 8000s" !!! imo

So...you best be looking for selective LONG positions...in the interim !!!

I'm LONG here ! fwiw

maxreturn
745 posts
msg #68184
Ignore maxreturn
modified
10/8/2008 10:27:50 PM

Ummm...It's a good idea to frequently check the longer term charts. Draw your own conclusions. Last time a yearly low was broken we were down for another 1.5 years all the way down to the sub 800 level:

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alf44
2,025 posts
msg #68185
Ignore alf44
modified
10/8/2008 10:53:08 PM

max...I'm not calling a "bottom" !!!

I'm not so stupid as to ignore the "long term chart(s)" !!!

I have been very vocal here at SF on other threads about my "Bear Market" views !!!

Just saying...that...right here...right now...there is more risk in being SHORT...than there is in being LONG !!! imo

So...as I said...there will likely be a "hair on fire" rally...in the very near future !!!

I have positioned myself LONG ... based on that assumption !!!

So far...I'm a day or two early...but...nevertheless...I AM LONG HERE !!!


Regards,

alf44


alf44
2,025 posts
msg #68186
Ignore alf44
10/8/2008 10:57:05 PM

...gulp...

alf44
2,025 posts
msg #68188
Ignore alf44
10/8/2008 11:17:05 PM

fyi...the QQQQs...after today...have seen 9 consecutive LOWER HIGHS !

...the IWM (the Russell 2000 ETF) ...has seen 9 consecutive LOWER HIGHS !

...and get this...

...the MVV (the Mid Cap 400 Ultra Long ETF) ...has seen 13 consecutive LOWER HIGHS !!!


Now...that's just freaken ridiculous !!!


"Hair On Fire" rally...upcoming !!!

Git yer popcorn ready !!!


Regards,

alf44


johnpaulca
10,094 posts
msg #68190
Ignore johnpaulca
10/9/2008 12:53:40 AM

I think this rally could start tomorrow...i have done some scientific research using tea leaves and corn ears. lol

FuriousThug
256 posts
msg #68191
Ignore FuriousThug
10/9/2008 1:17:42 AM

I can't figure out whether to pick my bottom or get ready to douse my hair...either way, sounds like a smelly proposition.

alf44
2,025 posts
msg #68210
Ignore alf44
10/9/2008 9:23:18 AM

Git yer popcorn ready !!!

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Regards,

alf44

StockFetcher Forums · General Discussion · Bear market ???<< 1 ... 2 3 4 5 6 ... 7 >>Post Follow-up

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