Domain: tiger-web1.srvr.media3.us Dow to 6,500? | Page 2 | Money Talk
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re: Dow to 6,500?

Posted on 11/13/08 at 2:09 pm to
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 11/13/08 at 2:09 pm to
quote:

what's hurting the most right now is the hedge funds going out of business. I've had a couple of stocks that are showing strength financially but large stock owners are being forced to sell.


Don't forget to include mutual funds, which are a much larger beast (and they offer daily liquidity.)
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 11/13/08 at 2:56 pm to
What the frick just happened?
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 11/13/08 at 2:57 pm to
oversold rally. It'll last for a few days before we crap again.
Posted by Zilla
Member since Jul 2005
10650 posts
Posted on 11/13/08 at 3:01 pm to
seems to jump off 800 ....almost robotic
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/13/08 at 3:01 pm to
Talk about a gigantic trading range.
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 11/13/08 at 3:06 pm to
there's a dude who comments on a blog that I read who has been calling for an 820 bottom for about a week and a half.

Who says you can't time the market?
Posted by Nicodemus
Baton Rouge
Member since Jul 2008
93 posts
Posted on 11/13/08 at 3:08 pm to
quote:

Where will it bottom out?


Are you looking to buy an index fund? Otherwise, why would you care?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/13/08 at 3:18 pm to
I always find those "head-and-shoulders" and
"part b of wave 3" charts Mish puts up to be fascinating.
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 11/13/08 at 3:31 pm to
Elliot waves have worked pretty well over the last year.
Posted by TigerRanter
Louisiana
Member since Feb 2005
6836 posts
Posted on 11/13/08 at 3:44 pm to
quote:

Elliot waves have worked pretty well over the last year.


+1
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/13/08 at 3:56 pm to
Yeah, couldn't think of the name.
Posted by msytigers
Member since Jul 2008
123 posts
Posted on 11/13/08 at 10:00 pm to
Which blog are you referring to?
Posted by Homeboy
Member since Aug 2007
10867 posts
Posted on 11/19/08 at 9:17 pm to
head back that way...
Posted by Homeboy
Member since Aug 2007
10867 posts
Posted on 3/1/09 at 7:43 pm to
This week?
Posted by tygerstripes
Baton Rouge
Member since Jan 2005
3391 posts
Posted on 3/1/09 at 8:07 pm to
Could be tomorrow.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/1/09 at 9:30 pm to
Unless C, BAC, and a small Western European country all go into default tomorrow, I highly doubt you're getting an 8% drop in a single day.
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 3/1/09 at 9:49 pm to
quote:


Unless C, BAC, and a small Western European country all go into default tomorrow, I highly doubt you're getting an 8% drop in a single day.

I duobt we touch 6500 tomorrow, but I could see it in the next few weeks
Posted by IHateLouHoltz
Member since Aug 2008
85 posts
Posted on 3/1/09 at 9:51 pm to
DOW 4500 by the end of the year.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/1/09 at 10:18 pm to
quote:

I duobt we touch 6500 tomorrow, but I could see it in the next few weeks



I doubt it will rain tomorrow, but we could see some in the next few weeks. I was just saying that even if tomorrow is downright awful, you need world-ending shite to move the market down 8% in one day.
This post was edited on 3/1/09 at 10:22 pm
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
46265 posts
Posted on 3/1/09 at 11:35 pm to
quote:

you need world-ending shite to move the market down 8% in one day.



You haven't studied my sig pic, have you?
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