View Full Version : Dow 11k
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.
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.
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:
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