Markets are relentless in going down since July.....No sustained reversal......
Thursday COULD be a flush out/capitulation on very HIGH volume......
This market has decimated most portfolios......experience has NOT helped as this bear market is totally different than any other bear market in history......experience became a pitfall as one would expect major bounce @ each oversold level....no such tape materialized....
Sold SOL as it was breaking all technical levels.......
I have only UYM......
BLOG does NOT give buy or sell.
Saleem
9 comments:
That Intel news is really really gonna help....
Hi Frogvest,
@ some point everything should be factored IN......
This IS a serious recession where spending will be cut by everyone...which IS known to everybody.....
Saleem
Yep,
I am wondering how can this be. It really makes no sense. Headlines have been the same for over 3 months. How can it still be as if it was brand new news?
Looks like everything is being factored 3, 4 or 5 times over. And some of these prices are ridiculously low: DELL, INTC, CSCO But… In this market, how can we tell?!?
There is a new phenomenon going on. Maybe this will sound silly(and don't hesitate to tell me if it dues!), but I am wondering if the media could be responsible for the kind of market we are having now... Bombarding us with Gloom and Doom even when it was already said... Even when the tech bubble busted, it was that bad.
I don't know if it makes any sense , but I am trying to rationalize what is not rational.
Frogvest
Hi Frogvest,
CNBC has done the-most damage to investor psyche by "drumming up FEAR & HOPELESSNES" all for rating as traders & investors WAIT for next GLOOM & DOOM news being DISHED out from 6AM to 9PM....
NONE is news it IS all REHASH of same since JULY.....
Saleem
those guys should be jailed, they cannot manage 700 billion properly and look at all the mess we are in even after the bailout.....
this is total destruction.... you dont need any enemies when you have these kind of officials with greed...
Hi all
I was 100 % in cash but bought FWLT 500 at 21.57, 500 RIMM at 43.67 .I will buy more tomorrow or by friday.Market has to rebound by next week. Or i will have to take loss. thanxs
Hello DIS and ALL
I thought that Wednesday was to be GREEN-not
As for RIMM good move---I tried some but it moved to fast for me
Still got MON and DSX and FRO for DIDI
and AAPL for a run up.
I am buy and hold from here on as it make no sense to sell any more
Even cash is getting nothing for you.
Heard that B Bernanke has to account for @ trillion in bank bailout
What gives with that! CNBC reports all this crap. We need some good news here, IMHO
Hi Ds & Madmax,
Keeping stocks with which you are comfortable with makes sense.
3 to 4 high quality stocks will bring great return from these levels.
Good luck on Dividend or Capital appreciation strategy...
Saleem
Hi All,
The uptick rule kept the runaway markets at bay. There is a good reason why it was put in place. Since removing it last year, you can see the crushing behavior firsthand. Pray for good news.
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