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Greed is Good
06-20-2008, 01:46 PM
The Dow broke below 12k. Yep it sure does seem like things are getting better:lmao:

What are you guys thinking the next stop is at?

Also i wondering how the bulls on here are doing since they where recently buying long and the bottom was in?

Aharon
06-20-2008, 02:49 PM
I wouldnt be suprised if the DOW hit 9k. If it does, I will be backing up the dump truck and loading up.

Joe
06-20-2008, 03:15 PM
I've been in shorts lately and it's good.

If I remember correctly, I mentioned the DOW would be headed to 9K around this time...

Sure, my RE prediction is off, then again if I am right within 4-5 years i will be as accurate as others on this forum... :)


http://www.tampaforums.com/forums/investing-finances/prediction-thread-300424/


I don't think the dow will be at 9K, then again... anything is possible as of late. A lot of the aggressive fund lovers are shifting their "weight" to more solid or more firm investments. This is obviously causing a rift in some of the investment banks as they loose big capital.

Personally, I have said we needed a "strong" correction in the stock market in order to start full recovery.

Maybe this will be it? :dunno:

Then again, the DOW has been in the 11s a couple of times this year and quickly recovered back into the 12s and 13s...

fencerider2
06-20-2008, 04:38 PM
I dumped all my shorts today, because we will now have counter trend bounce.

Joe
06-20-2008, 04:50 PM
I dumped all my shorts today, because we will now have counter trend bounce.

Yea, I see all that volume at the last couple of hours.

I still think that it will be a small bounce in the morning with maybe a few more hundred down to go after that.


I'm still waiting on my DXD to hit $60... :naughty: