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Looks like the markets will test the 10/27 bottom today
Posted on 11/12/08 at 9:43 am
Posted on 11/12/08 at 9:43 am
Down 3.4% and falling and only 2.3% away.
Posted on 11/12/08 at 10:30 am to Powerman
Of course. This pig (S and P) is going to 500.
Posted on 11/12/08 at 11:16 am to Tiger JJ
quote:
You're joking right?
Of course. This pig (S and P) is going to 500.
Oh frick! As soon as JT said "Buy!" I went all in!
*faints*
Posted on 11/12/08 at 4:04 pm to Tigris
Woo-hoo! The bottom held. Closed at 849 on 10/27 and was held back to 852 today. Disaster has been averted.
Posted on 11/12/08 at 4:11 pm to Tigris
also didn't violate the intraday low on 10/12. In fact, the trend line from 10/12 low through the 10/27 low also held. I'm sitting on my hands for now. Although I'm going to be pissed if we break down and I miss a big move.
Posted on 11/12/08 at 10:56 pm to Colonel Hapablap
The S&P futures were really bad after the bell when the Intel outlook came out.
Posted on 11/12/08 at 11:37 pm to Tiger JJ
quote:
Of course. This pig (S and P) is going to 500.
I'm not sure we'll see 500 without another couple of significant failures, i.e. 2 out of the Big 3, or a pseudo-financial along the lines of a GE or Cisco.
Posted on 11/13/08 at 10:25 am to ForeLSU
quote:
I'm not sure we'll see 500 without another couple of significant failures, i.e. 2 out of the Big 3, or a pseudo-financial along the lines of a GE or Cisco.
Like I said - 500.
Posted on 11/13/08 at 10:50 pm to Tiger JJ
quote:
Like I said - 500.
I just have a hard time believing this...but yet, you haven't lied to us yet.
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