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To: Cold Heat

It will pass and the worst thing anyone can do now, is sell at the bottom, yet many did today. fear makes people do wrong things and that is a given in the market.
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I can’t believe people are selling at the bottom like this! We are riding it all the way down and it is hell. Pure hell. But selling at the bottom, to me that is so foolish!!


33 posted on 10/09/2008 8:55:40 PM PDT by Hound of the Baskervilles ("Nonsense in the intellect draws evil after it." C.S. Lewis)
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To: Hound of the Baskervilles
The way I see it, if you did not get out a year ago, or are day trading, there is little point to taking the losses now. Wait at least for the relief rally.

I think we are near full capitulation, but it will be rocky and I figure there will be a retest of the lows at some point, once we get there. It could go down another 500 or so. If that happens tomorrow and the market rebounds before the close, that should signal the bottom.

37 posted on 10/09/2008 9:10:54 PM PDT by Cold Heat (Well....................................That's .....that.........)
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