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I call Market Capitulation
b.b.e.b.
Posted on 10/10/2008 12:17:37 PM PDT by big bad easter bunny
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To: Swordfished
Why do I get the feeling I’m in Las Vegas?
Another poster sees the light
41
posted on
10/10/2008 12:49:28 PM PDT
by
uncbob
To: Walmartian
Only a double digit loss today.
42
posted on
10/10/2008 1:01:53 PM PDT
by
SuperSonic
(Bush "lied", people dyed.......their fingers purple.)
To: poindexter
I bought into the crash in the late 80’s, did very well.
43
posted on
10/10/2008 1:12:29 PM PDT
by
big bad easter bunny
(I live so far beyond my means it could be said we live apart.)
To: SuperSonic
The Dow managed to make it another triple digit loss today.
44
posted on
10/10/2008 1:23:29 PM PDT
by
SuperSonic
(Bush "lied", people dyed.......their fingers purple.)
To: big bad easter bunny
But what have you done for me lately? ;^)
45
posted on
10/10/2008 1:23:38 PM PDT
by
Yo-Yo
To: SuperSonic
No, look at it this way: The DOW lost less than 1.5% today!
46
posted on
10/10/2008 1:24:40 PM PDT
by
Yo-Yo
To: big bad easter bunny
The chart is a classic short covering ralley at the end of the week. Shorts have had an easy time for the past 8 trading days ... they are locking in profits and going flat before the weekend. They are afraid of good news over the weekend that could make the markets open 1000 points higher on Monday.
What we are looking for in a bottom is absolutely HUGE volume ... like 10x the average. We haven’t had that yet.
You will recognize the bottom 2 days after it happens, not 2 minutes.
47
posted on
10/10/2008 1:38:03 PM PDT
by
dartuser
("If you torture the data long enough, it will confess, even to crimes it did not commit")
To: Swordfished
Why do I get the feeling I’m in Las Vegas?
LOL! Well, IMHO, Vegas is much more hospitable than this market has been of late. In Vegas, the odds are set as cameras watch to keep cheating at a minimum; and the occasional free adult beverage is pretty nice. On Wall Street, these days, I can't keep up with the constantly shifting indicators- aka odds; and I'm not sure anyone is watching the cheaters. Lastly, I've never received a comp from the greedy ba$tards running the investment houses! /sarc?
48
posted on
10/10/2008 2:05:59 PM PDT
by
PerConPat
(A politician is an animal which can sit on a fence and yet keep both ears to the ground.-- Mencken)
To: big bad easter bunny
49
posted on
10/10/2008 2:32:48 PM PDT
by
dila813
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