Buy silver gold is headed for a breif correction.But over the long term it's going to be golden.I dread going into the trading desk tomorrow and trading this sloppy market.
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Oil down $ 3.00 plus to $ 84.20 (WTI)
Japan down 121 points to 9, 178 (Nikkei)...not that bad.
China down 2.5 %
DOW and S&P Futures down 2%
It's setting up for a bad open. However, I may be inclined to buy after the initial slide.
As alway, GL to all.Comment -
Will open 180 to 200 down before first hour...take the turn back upwards by Tues-Wed. A lot of shorts will cover so watch for the squeeze.
lemart...what type of trading desk do you use pal...high frequency trading takes care of it in 2011....not too mention I thought you owned a firm
....you should be huddled in with heads of the bond dept like the rest of the leaders tomorrow.
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isn't going to be that badComment -
Financial armageddonComment -
all the wanna be day traders will prop it up by the close of the day.
Its all make believe anyway. But every idiot that thinks they have their finger on the pulse of America cites the stock market as the end all be all of how the country is doing. All the bad things on wall street are just a smoke screen to hide the really bad things that are happening to this country. Been that way forever. the bad things arent he result or the cause of wall street issues theyre the smoke screen to keep peoples eyes away from them until it is too late. Then they use wall street as the excuse.Comment -
I don't know what exactly will take place tomorrow... but watch out for false hope meaning...
Mon - Dow Close -100
Tues - Dow Close -100
Wed - Dow Close -100
Thurs - Dow Close -100
Fri - Dow Close -100
Grand Total -500
I could actually see the dow slowly going negative... instead of UPS AND DOWNS throughout the week. That would kill traders into thinking of "false hopes" lose soft on day 1... buy hard day 2. Lose your ass on close day 2. 3. Buy hard again day 3... Day 4??? day 5??? WHO KNOWS???
I could see a steady diet of decline...
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Lemart5 does not trade stocks. Wise up folksComment -
dam i hope it works outComment -
The time to buy gold was a 9 months ago.Comment -
just ride it out.. stop day trading and worrying about your stocks in the short run. give them some time people!Comment -
Have you ever watched the market? A steady decline? There will be too many Chicken Littles out there tomorrow for there to be anything but a completely volatile, fast, crazy, ****** up market tomorrow.I don't know what exactly will take place tomorrow... but watch out for false hope meaning...
Mon - Dow Close -100
Tues - Dow Close -100
Wed - Dow Close -100
Thurs - Dow Close -100
Fri - Dow Close -100
Grand Total -500
I could actually see the dow slowly going negative... instead of UPS AND DOWNS throughout the week. That would kill traders into thinking of "false hopes" lose soft on day 1... buy hard day 2. Lose your ass on close day 2. 3. Buy hard again day 3... Day 4??? day 5??? WHO KNOWS???
I could see a steady diet of decline...Comment -
Had a bunch of cash in my retirement accounts. Going to start putting them back to work this week.Comment -
god i hope not but i have a feeling everyone and their dog will have the sell button ready after last timeComment -
Taylor is not stupidComment -
Pretty crazy downturn today. Hoping things don't continue to plummet.Comment -
I hope they keep falling many companies are great
values now .AAPL ,Goog ,GS.Comment -
Wow your thread title was spot on LemartComment -
good time to buy nowComment -
Another purge day tomorrow .Mutual funds made their allocations already nobodys stepping in here lots of room left on the downsideComment -
Right on, holy shit!Comment -
Damn, hit it on the nose.
So we get raped again tomorrow? Awesome.Comment -
More
bad news out of the Eu I see a 400 point down day tomorrowComment -
Brock is a moron.
First, said that Monday "won't be that bad"
Then, backed that up with "good time to buy"
Hate to break it to you Brock, but the selloff and panic isn't over.Comment -
This is no short term correction, boys
Best of luck if your still in this mess.Comment
