I'm calling a stock market bottom today for 2008.

[SBR_John]

I know its a real long shot. Probably crap down 200 tomorrow. I do think the feds will come to the rescue and a bottom is near. Bonds are a good play here.

Anyone buying in here?

[Timetopay]

what do you think the feds can do?

[JBC77]

A lot of people are going to bonds right now. Just how it goes. We're a terrorist attack away from real trouble in the financial markets. I think fixed investments are the way to go at least until 2 maybe 3 quarters in. I'm 80% fixed, 20% market on my current portfolio.

Housing may not recover fully until 09'...10'.

Retail outlook also gloomy.

[JBC77]

They have investment vehicles now.....that guarantee two things. You get a minimum of 6% but.........lets say your market based investment returns 12, 15 percent......then you get the latter.

So it's a 6% minimum lock annually.....very popular right now.

[ChampDog]

Well John, the market has been a crap shoot all last year and one would think it should tighten up with the elections on the rise. I lost a load trying to chase Apple both ways but was able to get back to even Shorting Chipollte Mex. Grill ( CMG ) right after Christmas. I don't know what to expect
Good Luck in what ever your move is !!!

[ShamsWoof10]

I'm buying... I totally agree...

[ChampDog]

Hey Woof where were you Monday night the BCS LSU/Ohio game ???

I'm buying... I totally agree...

[ShamsWoof10]

Hey CDog!!! How did you do.??? I went with some friends over to a buddy's house and I didn't have access to a computer for more then a few minutes so I took two quarter bets for small amounts since I couldn't have access to the computer... I lost one and pushed one...

I was pretty excited that OSU got beat because If they would have won I would have never heard the end of it from these fans around here...

[Dark Horse]

I hope it has bottomed John, but 11,500 wouldn't surprise me.

[durito]

We'll see 11,500 again.

[ChampDog]

" I Would Rather Be LUCKY Than Good "

Well I held out for the ingame wagering and when the Buck@@ went up by 14, I Hammerd LSU +220 even for 5 units

Hey CDog!!! How did you do.??? I went with some friends over to a buddy's house and I didn't have access to a computer for more then a few minutes so I took two quarter bets for small amounts since I couldn't have access to the computer... I lost one and pushed one...

I was pretty excited that OSU got beat because If they would have won I would have never heard the end of it from these fans around here...

[ShamsWoof10]

Well I held out for the ingame wagering and when the Buck@@ went up by 14, I Hammerd LSU +220 even for 5 units

WOW what a call CDog.. Nice goin'!!!

I don't know about 11.5 guys... Everyone is so bearish right now that if I turned on the media I feel like the sky is falling..

It feel for OSU didn't it CDog..??? WOOOF!

[chandler1981]

I wouldnt say it has bottomed, but it it close. I sold out of everything the day before the feds made their .25 cut. Hope you arent expecting the feds to save the market. They are no-body's who know nothing. They are good ppl with NO knowledge of how stocks or investing works. They have a little knowledge of banking, but cutting another .25 wouldnt save shit. The half point at once woild have made the difference and kept the market hot thru 07 into 08. I am gonna wait a little longer til I get back in fully. I am slowly getting back into tech and solar stocks. gl

[ChampDog]

No, the In Game wagering MONEY LINE went to LSU+220 even=no points given or taken for outcome of game. When OSU was up by 10 in the first qtr. Sorry my bad I thaught it was 14 Woof.

WOW what a call CDog.. Nice goin'!!!

I don't know about 11.5 guys... Everyone is so bearish right now that if I turned on the media I feel like the sky is falling..

It feel for OSU didn't it CDog..??? WOOOF!

[ChampDog]

Woof, what R U thinking about the NFL playoffs this weekend ???

[ShamsWoof10]

Yeah I know what you meant CDog...

I am still looking at the games but I haven't quite decided just yet... Are you looking at anyone..?

[ChampDog]

Im trying to keep sentiment out of my decision, who I would like and who I think will win are playing tug o war with my heart and head.

[ShamsWoof10]

I'm thinking about playing this Pis./Mavs. game coming up CDog...

[ShamsWoof10]

I wouldnt say it has bottomed, but it it close. I sold out of everything the day before the feds made their .25 cut. Hope you arent expecting the feds to save the market. They are no-body's who know nothing. They are good ppl with NO knowledge of how stocks or investing works. They have a little knowledge of banking, but cutting another .25 wouldnt save shit. The half point at once woild have made the difference and kept the market hot thru 07 into 08. I am gonna wait a little longer til I get back in fully. I am slowly getting back into tech and solar stocks. gl

I like this move... I also like Uranium stocks because some of them are down 80-90 percent and Uranium should bounce back!

[chandler1981]

I like this move... I also like Uranium stocks because some of them are down 80-90 percent and Uranium should bounce back!

Thanks for the info. I wasn't aware they had fallen that much. I will most definitely start watching them.

[ShamsWoof10]

Thanks for the info. I wasn't aware they had fallen that much. I will most definitely start watching them.

Anytime.. For the longer term and as far as your tech. stocks I suggest specifics like Nano-Tech... I am floored that not many people in the population even know that this term exists...

As many here know I am so bullish on Nano it's sick... I believe Nano will effect the next decade as the internet and computers effected the 90's but with a MUCH LARGER IMPACT!!!

[ChampDog]

Good Luck Woof !!! I have to deal with some family BS tronight

I'm thinking about playing this Pis./Mavs. game coming up CDog...

[ShamsWoof10]

Good Luck Woof !!! I have to deal with some family BS tronight

Good luck on that... Family is a good thing though... Chime back in when you get around to it...

[DrunkenLullaby]

I know its a real long shot. Probably crap down 200 tomorrow. I do think the feds will come to the rescue and a bottom is near. Bonds are a good play here.

So you think that stocks are going to rise AND bond prices are going to rise (yields fall) as well?

Can't quite see that scenario unfolding.

Personally I see no reason for stocks to go up as there is going to be blood on the streets with consumer credit cards this year, but good luck to all.

[mavs1978]

i think we made "a" low today.. but not "the" low.. we are due a nice bounce but i dont think it will stick..

put/call needs to be higher
vix needs to be higher


not enough fear in the market just yet

[SBR_John]

I should go back to my call in the summer where I thought we wouldnt get going until the 2nd half of 08 for stocks.

I think the doom and gloom is over sold here. In fact it could be set up for a powerful rally. Projections of flat and even negative GDP growth are way way off imo. The consumer is not going anywhere. The credit crunch is isolated to housing.

[jjgold]

I got a few books sitting in a commodities house might buy some SP futures

[capitalist pig]

I bought some E-Trade @ $2.26 on Wed., just for a trade. I dont make alot of trades anymore, but IMO I thought there is the possibility of squeezing out 10% or more on this one. I got a stop loss set pretty tight, so we shall see.

later

[RageWizard]

I'm short the dow and S&P 500. Earning season starts today with Alcoa. I don't think that earnings will be good this quarter hence I'm short, but the ridiculous fed ( who should be in jail) will try to do what ever he has to do to keep this market afloat for his friends in the White House until they leave. Another words they are trying to run out the clock and leave a giant mess for the next administration to deal with. I don't think that they are going to make it. It will be Bush's final legacy of failure so he will have a perfect record of running everthing he has touched in life into the ground. So look for more rate cuts, and cash infusions into the market with ever smaller upside movement. This will cause me to cover my short positions and then wait until they excitement reduces so I can short again. This market will see 10,500 before it sees 15,000. The last 6 years of a bull market was all built on borrowed money, and I fear that the 70's style stagflation is in our future.

[Destroyer]

The Feds lack of an aggressive policy towards interest rate cuts, in particular during Q4 of 2007, has only magnified the volatility and the deterioriation of the financial markets. All major indices like the Dow Jones, Nasdaq & S&P 500 are sustaining substantial losses.

In cases of stagnation in the U.S. economy, it's encumbent upon the Fed to act swiftly with aggressive interest rate cuts to stimulate lending and commerce. A recession is far worst for the economy than the possibility of growing inflation.

Alan Greenspan was by far a better custodian of the U.S. economy than Ben Bernanke.

[Justin7]

The prime housing market is headed to the dumpster. People with great credit ratings are defaulting on their normal mortgages, since property values are no longer going up at a ridiculous rate.

Without irrational housing prices, people can't spend as much. We're going to have a nasty correction.

[capitalist pig]

I bought some E-Trade @ $2.26 on Wed., just for a trade. I dont make alot of trades anymore, but IMO I thought there is the possibility of squeezing out 10% or more on this one. I got a stop loss set pretty tight, so we shall see.

later

Just sold @$2.78, nice 1st trade of the year. It very well may keep going up, but Ill take my 20% in less than 24 hours any day of the week.

later

[DrunkenLullaby]

The consumer is not going anywhere. The credit crunch is isolated to housing.

http://www.smartmoney.com/consumer/index.cfm?story=20080104&nav=RSS20

http://biz.yahoo.com/ap/080110/capital_one_outlook.html

Loving my DFS puts!

[DrunkenLullaby]

Dear lord, gold may hit $900 today.

THANKS BIG BEN!

[eidolon]

Most investors I know have taken their money out of U.S. stocks. Bonds and and euro stocks are the place to be for the next year.

People get so scared of the economy crashing, making it worse then where it should be. Remember when the DJ went up to around 15k and then dropped to 8k?