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Started By
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re: DOW tomorrow: over/under 500 point loss?
Posted on 8/8/11 at 4:12 pm to LSURussian
Posted on 8/8/11 at 4:12 pm to LSURussian
quote:
LSURussian
quote:
Under...way under
Epic resident expert FAIL!
0
Posted on 8/8/11 at 4:20 pm to Cosmo
under but still big
Posted on 8/8/11 at 5:15 pm to ragacamps
OK sports fans........
Where do we go from here? Is tomorrow a Red or Green day? How do we form a bottom here?
Where do we go from here? Is tomorrow a Red or Green day? How do we form a bottom here?
Posted on 8/8/11 at 5:22 pm to Sid in Lakeshore
I think we are down another 150-200 tomorrow.
Posted on 8/8/11 at 5:22 pm to lynxcat
Wednesday should be pretty level; probably <50 in the red.
Posted on 8/8/11 at 5:27 pm to lynxcat
I'm going to say it goes exactly the opposite way, I have no basis for my guess at all, it's just to stir shite. 
Posted on 8/8/11 at 6:01 pm to kfizzle85
My only basis is that people are still scared, thus, selling.
Posted on 8/8/11 at 7:45 pm to LSURussian
I should have either shorted the S&P futures OR found a short ETF. to enjoy this ride down to hedge my bets. 
Posted on 8/8/11 at 8:47 pm to Fat Bastard
You know its serious when CNBC is running "specials" at 9 PM EST. 
Also, Cramer just said buy gold.
Also, Cramer just said buy gold.Posted on 8/8/11 at 11:15 pm to kfizzle85
after a 600pt loss, futures tonight are at -300.
i am going to get some heavy duty gloves tomorrow and catch those knives.
i am going to get some heavy duty gloves tomorrow and catch those knives.
Posted on 8/9/11 at 12:04 am to houstontiger
Gold is up to $1770
Oil down to $78/barrel
The HSI is down 6%
Nikkei is down to 8900. In Jan 1984 it was 10,000.
Look at this S&P500 vs nikkei chart:
LINK
Oil down to $78/barrel
The HSI is down 6%
Nikkei is down to 8900. In Jan 1984 it was 10,000.
Look at this S&P500 vs nikkei chart:
LINK
Posted on 8/9/11 at 12:49 am to djmicrobe
I already know that we will be under 10,000 by the end of the week.
Posted on 8/9/11 at 3:19 am to lsu480
quote:
DOW tomorrow: over/under 500 point loss?
I already know that we will be under 10,000 by the end of the week.
Not so fast my friend. I think we rally today. Bulls will see value at some point and I think coil back starts Tuesday. We may end in red but there is some real value out there.
Buying
COF
SLB
Trading
BP
LCAPA
Watching
DD
MOS
Posted on 8/9/11 at 7:02 am to Interception
Futures up. I was just listening to Richard Bove. He made a comment that I liked. He said after the last week or so we he is baffled. He said people are worried about our debt and downgrade and have flocked to treasuries. People are pulling money out of bank stocks to buy CDs. He said he is completely confused. Btw, 2 weeks ago he went completely to cash. Good call.
Posted on 8/9/11 at 7:07 am to saint308
FB I shorted IWM, MLHR, and TLT. The first 2 worked as pretty good hedges I just didn't have a near big enough position. I've been short TLT a long time and no it hasn't worked. I just see no rational reason to buy bonds and at some point it will work.
Posted on 8/9/11 at 7:33 am to saint308
Certainly feels like it's safe to stick my head out. Will see how it goes but I got a good vibe about the market today. I hate using the word oversold but there is a lot of good value stocks sitting there for the taking?
Posted on 8/9/11 at 7:45 am to lsu480
quote:Really? Thanks. Good to know.....
I already know that we will be under 10,000 by the end of the week.
Posted on 8/9/11 at 8:40 am to LSURussian
Up 110 to start the morning. 
Posted on 8/9/11 at 11:55 am to lynxcat
I think if the day ends green, tomorrow will look better. If it's red it may be a toss-up depending on how deep into red it goes. Thus far the Dow is bouncing around +200.
Posted on 8/9/11 at 12:51 pm to Bard
I am looking out my window right now, and currently there are no clouds. I think if I see some clouds later on, it might rain tonight, and probably tomorrow. If I don't see any, it probably won't. But it might.
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