Ouch

Discussion in 'Stock Market' started by DavidS, Dec 29, 2008.

  1. DavidS
    Offline

    DavidS Anti-Tea Party Member

    Joined:
    Sep 7, 2008
    Messages:
    9,811
    Thanks Received:
    766
    Trophy Points:
    48
    Location:
    New York, NY
    Ratings:
    +767
    Down a buck fifty in light trading. What's going on today?
     
  2. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    The market mavens are taking time off, perhaps.
     
  3. Paulie
    Offline

    Paulie Platinum Member

    Joined:
    May 19, 2007
    Messages:
    31,483
    Thanks Received:
    4,840
    Trophy Points:
    1,130
    Ratings:
    +15,279
    There's no good reason to be long much of anything in the DOW. A few selects like J&J, P&G, and GE are solid. But most of it is still CRAP right now.

    Double short it while you still have a chance.

    DXD.
     
    • Thank You! Thank You! x 1
  4. Neubarth
    Offline

    Neubarth At the Ballpark July 30th

    Joined:
    Nov 8, 2008
    Messages:
    3,751
    Thanks Received:
    199
    Trophy Points:
    48
    Location:
    South Pacific
    Ratings:
    +199
    In a few days we will have another massive sell off when the reality of the collapse of the economy becomes manifest.
     
  5. Paulie
    Offline

    Paulie Platinum Member

    Joined:
    May 19, 2007
    Messages:
    31,483
    Thanks Received:
    4,840
    Trophy Points:
    1,130
    Ratings:
    +15,279
    That "reality" will never become "reality" until the mass media ALLOWS it to.
     
  6. Zoomie1980
    Offline

    Zoomie1980 Senior Member

    Joined:
    Jan 16, 2008
    Messages:
    1,658
    Thanks Received:
    128
    Trophy Points:
    48
    Ratings:
    +128
    I hope so....I'm in a share accumulation phase right now.....the cheaper is gets the better....
     

Share This Page