Re: Watch Out
Hurtling towards 8000, get ready for a mad bounce.
Re: Watch Out
Any (<$5) stocks for obvious rebounds? I could use some tips here.
Re: Watch Out
Keep entering into GM for short terms ;)
Keep entering into GM for short terms ;)
With no hope for bailout, do you think there is $$$ to be made there, even in the short term?
Re: Watch Out
i think wise investors have made fortune from GM alone in last 1 month when the whole world was selling em. if u go to google finance and see GM's last months chart u will see how many bounce backs it had in just a small range, all u should know is how to press buy and sell button no analysis no nothing, thats wat i call easy money. and its already so cheap, how much money u r gona lose if it goes bankrupt?? pennies eh
With no hope for bailout, do you think there is $$$ to be made there, even in the short term?
If you are concerned about the fall in price, buy the shares and also out of the money puts and protect yourself in case of a heavy fall.
i think wise investors have made fortune from GM alone in last 1 month when the whole world was selling em. if u go to google finance and see GM's last months chart u will see how many bounce backs it had in just a small range, all u should know is how to press buy and sell button no analysis no nothing, thats wat i call easy money. and its already so cheap, how much money u r gona lose if it goes bankrupt?? pennies eh
well, that depends on how much one is investing regardless of the price.
Re: Watch Out
Dow has currently broken below 8000 so watch it with interest.
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Is 900 points jump coming up? 
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followed by 900 points fall over the next few days. 
Dow has closed just below 8000 at 7997, tomorrow’s first hour trading could be very interesting and will be worth watching if buy programmes kick in.
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Just read the following on an email I received:
Final hour sell-off pushes the market to 6-year lows
The morning started well enough, but then news came across that consumer prices staged their largest-ever drop. This news was then followed by a dour housing report, and then there was the whole thing with the Big 3 automakers on Capitol Hill adding to investors’ anxiety. Toyota ™ added to the anxiety in the auto world, lowering its auto-sales forecast in China by 14.3%](http://www.schaeffersresearch.com/commentary/content/opening+view+toyota+motor+slashes+car-sales+forecast+for+china/observations.aspx?click=home&ID=89249) to 600,000 vehicles. The new estimate is roughly 100,000 vehicles less than the original estimate. About that dour housing report, the Commerce Department reported that U.S. home builders reduced starts by 4.5% to an annual rate of 791,000 in October, dropping new construction to the lowest level since immediately after World War II.
Re: Watch Out
Dow zig zagging around 8000 this morning. Does this mean the bulls are throwing the towl or is a big rally in sight? My feeling, it seems like the bulls are tired and seem to have run out of steam. But than I am a bear of the market at the moment.
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look i told u guys that it will go below 800.
and december is not going to be a piece of cake, december will be horrible for many reasons.
read the article below…and buy good stocks in dec..
between hedge fund redemptions, tax loss selling, cap-gain distreibutions (not many this year i suppose) there would be massive selling, and this is just institutional needs, individuals will add massively to it.
if u can handle some risk, sit and watch..mid dec to late dec it will be at its peak and ..I will buy, buy, buy.
all my investments that I took out of stocks are going into stocks in those 2 weeks.. I will probably sell a bunch in Jan.. , you will see another feel good bounce around inauguration day. but majority i will hold, good companies are getting beat up.
read this article from wsj, right on the mark
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i still wont short :S:s better to sit idle than jumping from a cliff :S
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hahahah dont short but buy at bargains
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^^ thats wat m doing bro, m in futures still jumped into stocks and bought GM when everybody was selling em :D, did 4 short term trades and it was fun freakin tastic :D alhumdulilah
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There are no bargains, the only way to make money at the moment is to short.
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ehsan bhai i havnt touched the short button since dow was in 13000. and alhumdulilah all the trades were successful.
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The mind boggles. 