Private Skidmark Posted October 9, 2008 Report Share Posted October 9, 2008 Not gloating. Just sayin'. His subscribers may not be too happy. [still holding. long.] Link to comment Share on other sites More sharing options...
Pacific Posted October 9, 2008 Report Share Posted October 9, 2008 Hi, my name's (say your name) and I'm a bottom picker. Today, I.... 698184[/snapback] Hi DOC! I leaned the wrong way thinking we would get a bounce post "failout" passage and started buying Canroys & CEFS with high discount %.......those have all gotten creamed......HOWEVER, after reading the WSE and your spot on (so far) timing call bought a ton of NOV DIA 84 puts and closed 3K in the green today! Thanks for all your work and wouldn't LeeWhee have been all over this.......Best scenario for my trading account would be complete and quick crash and then ferocious rally, but I take no pleasure at this ungodly mess that our nation has created or the suffering that many will no doubt suffer...... Link to comment Share on other sites More sharing options...
Howl Posted October 9, 2008 Report Share Posted October 9, 2008 Dutch government is going to pump ?20 billion into the Dutch banking system to keep "healthy financial institutions" from failing. Link to comment Share on other sites More sharing options...
T_Slim Posted October 9, 2008 Report Share Posted October 9, 2008 what will be the next brownie that Bernanke and crew pull out of their arses? Pretty soon the wizard is going to have install new levers. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 9, 2008 Report Share Posted October 9, 2008 RUT just exceeded the '87 crash leg on the S&P 698199[/snapback] Needs a tad more to equal the '29 Dow crash leg I will start scaling in long on further weakness tomorrow Link to comment Share on other sites More sharing options...
DrStool Posted October 9, 2008 Author Report Share Posted October 9, 2008 Fed Up Report- http://wallstreetexaminer.com/?p=3241 Link to comment Share on other sites More sharing options...
joe3pack Posted October 9, 2008 Report Share Posted October 9, 2008 Dutch government is going to pump ?20 billion into the Dutch banking system to keep "healthy financial institutions" from failing.698202[/snapback] like chemotherapy for healthy people. Link to comment Share on other sites More sharing options...
DrStool Posted October 9, 2008 Author Report Share Posted October 9, 2008 Needs a tad more to equal the '29 Dow crash legI will start scaling in long on further weakness tomorrow 698204[/snapback] Friday was my original target date for a turn of sorts. Now I have my doubts. Have to see what the end of day charts look like. Hope that everyone tunes in to the Professional Edition market update later tonight. Tanks! http://wallstreetexaminer.com Link to comment Share on other sites More sharing options...
phatbubble Posted October 9, 2008 Report Share Posted October 9, 2008 If I were predicteratin, I'd say bounce sometime tomorrow, and then final lower low early next week with lotsa pozzy Ds. Well, not final final, but you know, and that, so. Link to comment Share on other sites More sharing options...
Private Skidmark Posted October 9, 2008 Report Share Posted October 9, 2008 like chemotherapy for healthy people. 698206[/snapback] The Dutch, weren't they the ones with that story about . . . And I guess he just stuck his finger there because the dyke was healthy. Understandable. Link to comment Share on other sites More sharing options...
chiefywiefy Posted October 9, 2008 Report Share Posted October 9, 2008 I'm not sure if it's true or not, but from what I hear, Hank Paulson will allow J6P the ability to disregard mark to market accounting on his 401k statements. Close to a bottom or panic into Monday? Link to comment Share on other sites More sharing options...
DrStool Posted October 9, 2008 Author Report Share Posted October 9, 2008 Wish I coulda watched crapvision today. Link to comment Share on other sites More sharing options...
Trader Joe Posted October 9, 2008 Report Share Posted October 9, 2008 I truly believe that the 2002 lows, and whatnot, will be just a rest area on the highway to hell, and such as. 698198[/snapback] Just to clarify, I do not think that 7,800 will be the bottom, but I do think it will provide an area from which there "could" be a nice size rally. Longer term I think that Dow 5,000 is a good possibility and I have Dow 2,000 as the level where I will move all investable cash into equities from that level forward. Link to comment Share on other sites More sharing options...
Trader Joe Posted October 9, 2008 Report Share Posted October 9, 2008 Wish I coulda watched crapvision today. 698211[/snapback] It wasn't really "all that"......even the Crapvisoner's are getting worn out by this action....truth is, they aren't the only ones....the past several weeks, while fun, have been exhausting. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 9, 2008 Report Share Posted October 9, 2008 If I were predicteratin, I'd say bounce sometime tomorrow, and then final lower low early next week with lotsa pozzy Ds. Well, not final final, but you know, and that, so. 698208[/snapback] Yep, looking at other crashes, the initial bounce usually lasts about a day and a half...but it is a day and half you don't wanna miss... am guesssing we may bounce 1200-1300 dow points from the low when it comes. And then the ensuing decline is usually a fun ride too... If it comes to fruition, gonna be time to take another long vacation! Link to comment Share on other sites More sharing options...
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