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Started By
Message
So another ho-hum day in the stock market....
Posted on 8/4/11 at 10:53 am
Posted on 8/4/11 at 10:53 am
I miss the days when the DJ was down only a hundred points....
This post was edited on 8/4/11 at 10:57 am
7
Posted on 8/4/11 at 10:55 am to LSURussian
Getting brutal. I don't know how far down we are headed.
Wish I had a time machine....
Wish I had a time machine....
Posted on 8/4/11 at 10:58 am to Sid in Lakeshore
quote:Time machine?
Wish I had a time machine....
All I want is tomorrow's Wall Street Journal delivered to me this morning! I'm not greedy!
Posted on 8/4/11 at 10:58 am to LSURussian
I feel like i've been stabbed with a butter knife.
Posted on 8/4/11 at 11:03 am to Chad504boy
Jesus H, 
It seems I checked an hour ago or so and it was in the 100's now it's 320 plus.
Glad I made an exit and cut my losses before this fall.
It seems I checked an hour ago or so and it was in the 100's now it's 320 plus.
Glad I made an exit and cut my losses before this fall.
Posted on 8/4/11 at 11:03 am to LSURussian
This is brutal. One of those days I'm glad everything I've got is in cash!
Posted on 8/4/11 at 11:05 am to LSURussian
quote:
tomorrow's Wall Street Journal delivered to me this morning
I am greedy, I want next months.
Posted on 8/4/11 at 11:24 am to LSU0358
Also, there was no big news article etc to make this fall. I think this could be it and we might get a nice bounce next week. Gold also selling off pretty heavily.
Posted on 8/4/11 at 11:28 am to LSU0358
quote:Wut?
Also, there was no big news article etc to make this fall.
Posted on 8/4/11 at 11:46 am to LSURussian
Did QE2 inflate the price or valuation of stocks? Is that what we are seeing today?
Posted on 8/4/11 at 12:33 pm to LSURussian
quote:
Also, there was no big news article etc to make this fall.
Wut?
A lot of times in a plunge the media finds/invents some specific cause or reason for the drop.
Posted on 8/4/11 at 12:37 pm to LSURussian
quote:
I miss the days when the DJ was down only a hundred points....
VIX at 27 - does that mean it's time to get in?
Posted on 8/4/11 at 12:38 pm to Interception
quote:Big time. The market has been artificially high for a while I think. I bet we see 10k again.
Did QE2 inflate the price or valuation of stocks? Is that what we are seeing today?
Posted on 8/4/11 at 12:49 pm to beaverfever
I was stopped out of SLV and AGQ today, but still own IAU and UGL with a stop set. Also picked up more RES after their recent selloff.
Posted on 8/4/11 at 12:57 pm to saint308
LHC up over 10% today... Very few bright spots...
Posted on 8/4/11 at 1:03 pm to Interception
Every time I see LHC I think Large Hadron Collider.
Posted on 8/4/11 at 1:05 pm to LSU0358
Though Europe does look brutal today.
Posted on 8/4/11 at 1:39 pm to beaverfever
quote:
Big time. The market has been artificially high for a while I think. I bet we see 10k again.
Agree. But 10K seems to be the floor--last time around the market would hit that number and rebound. My guess is it's a nice round number with psychological significance, so a lot of people have buy orders that are triggered by the Dow crossing 10K.
Posted on 8/4/11 at 2:12 pm to LSURussian
quote:I miss 14,000
I miss the days when the DJ was down only a hundred points....
On the upside, sounds like lousy jobless numbers are already priced in for tomorrow. Word I'm getting is maybe an upturn tomorrow f/u'd w/ a <5% drop to the bottom of this POS. Anyway we're heavy cash and starting to nibble here. Wish I had supplemented cash positions with shorts though. Didn't think we were dropping this far.
This post was edited on 8/4/11 at 2:13 pm
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