Watch Out

I got in in the first 10 minutes of trading. yahooooooo...
now lets see if this pans out or not gulp

You bought in the first ten minutes. :eek:

I mean after the initial bloodbath. There were good deals out there, P&G, GE, software area.
i can be totally off and lose more or do good, but went with some established ones. microsoft being one.

Re: Watch Out

On a long term basis they should turn out to be a good buy.

Re: Watch Out

Ban on Short-selling expires today, right? If they don't extend it further we might see continuation of "blood-bath", right?

Re: Watch Out

^ Expired yesterday.

def on a long term basis, I am in no mood to be day trading :)

but how low can it go before it becomes absurd, u know..
when the frenzy keeps going..there wil be people sittign around waiting to pick stuff up that is way undervalued.

it expired yesterday.

and i elaborated on the previous that y government is not announcing recession

I logged into my brokerage account today after 2-3 days and it still showed me announcement from SEC regarding the short selling (didn’t read it completely :D) so I just thought it was still in effect… anyway I logged back again to see it and its gone now :hehe:

May be it was.... in last hour of trading market is now +3.39% (DJI) :)

Re: Watch Out

Good day for X2, up about 20% combined if you got in on the bottom of GE and P&G this morning.

I m very much positive bro :) its the right time to make money when the world is losing it :) i m buying my butt off.

very good day, finally something to cheer about for my portfolio. microsoft on the other hand is a questionmark :smiley:

btw belated happy new year. what were u doing posting yesterday? bad bad bad boy :nono:

Re: Watch Out

but it kinda dissapointed me that S&P closed under 900 after making such a nice, gorgeous sexy hot spike on the upside.

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Dow had a very volatile day where the swing was more than 1000 points. This is the biggest swing ever. Dow finally closed down 128 points. Lets hope next week brings a bit more stability to the market. It was also the biggest weekly drop ever in the history of Dow.

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watch for a dip monday, next few weeks will be a def roller coaster with market shaking out ppl who are scared and fund managers swooping in to get bargains.

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paulson is gona speak (whenever ganjoo speaks market falls down) and G7 also have to annouce the result of the meeting (m not expecting a miracle)

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^ G7 will try and soothe the markets. The key will be any more bad news during the weekend.

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so far the comments frm italy and germany r bad news to me .... i so wana kill em

I don't think we can see any stability just yet. If today was really a "bottom day" then next few weeks will be more volatile though the overall swing will be upwards.