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#1
10-10-2008, 02:37 PM
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Market Bottoms Out. Rally Time?
As expected, the Market finally bottomed out when it dropped below 8000 in mid day trading. The market is now rallying, and is up. So is this the time to reverse positions and start buying call options, and investing in quick profit stocks?
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WINNNG is the Only Acceptable Soultion. No Excuses Given. No Excuses Accepted. 
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#2
10-10-2008, 03:39 PM
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I'm waiting to see what comes out of this G7 meeting over the weekend. If they can agree on guaranteed liquidity through the international banks, we'll see a fat rally. But these are the same fine leaders that led us into this mess. Have to see it to believe it.
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#3
10-10-2008, 04:10 PM
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careful with talk of a bottom, the market came back from -700 to +300 and then gave back all the positive room in the last half hour and finished down 120. i dont think you will see a bottom until we see a huge down day on huge volume and the rest of the sellers get flushed out. i definitely think we are close to the bottom, however, i don't think we are there quite yet.
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#4
10-10-2008, 05:28 PM
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this is a near term bottom
massive selloff coming
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#5
10-10-2008, 06:38 PM
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Buy Buy Buy Buy Buy!!! WOOHOOOOO!!!!!
Wait, I'm the idiot that cleared out his savings account and bought gold at 922. It hasn't been that high since I bought it (well, it hit it yesterday for a minute or two, but now is down again).
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#6
10-11-2008, 12:04 PM
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Quote:
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#7
10-11-2008, 08:09 PM
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Being Warren Buffett
deals that Warren Buffett has struck with Goldman Sachs General Electric in recent days. He got shares that carry a 10% dividend and warrants that convert in equity at a price below the current market price. In other words, he got paid to wait yet bought growth at a very reasonable price. Nobody is offering individual investors packages like that. Look for stocks with PE RATIOS 25 or less and PEG price to earnings growth of o.75 or less..
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You Can't Win , If You're Afraid To lose don't take life too serious. None of us gets out alive .. GIDDY UP
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#8
10-12-2008, 01:30 AM
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i'm calling a bottom
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