- This topic has 205 replies, 19 voices, and was last updated 16 years, 2 months ago by jficquette.
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October 14, 2008 at 11:55 AM #287527October 14, 2008 at 1:16 PM #287234lonestar2000Participant
[quote=stockstradr]I will trip if it turns out THAT was the Fool’s Rally.
I cannot believe markets are now headed down much lower. I think this Fool’s Rally has gotta have more get-up-and-go.
But, yah know, the reason i dumped all stocks this morning is that a quick calculation showed this Fool’s Rally had already achieved OVER 20% dead-cat-bounce, relative to last week’s lows. That’s quite a bounce for a dead cat.
So you can’t say this hasn’t been a significant Fool’s Rally.[/quote]
It looks like the rally is already running out of steam, the indexes are down at least a percentage acorss the board as of this writing. I’m staying in cash for now.
October 14, 2008 at 1:16 PM #287533lonestar2000Participant[quote=stockstradr]I will trip if it turns out THAT was the Fool’s Rally.
I cannot believe markets are now headed down much lower. I think this Fool’s Rally has gotta have more get-up-and-go.
But, yah know, the reason i dumped all stocks this morning is that a quick calculation showed this Fool’s Rally had already achieved OVER 20% dead-cat-bounce, relative to last week’s lows. That’s quite a bounce for a dead cat.
So you can’t say this hasn’t been a significant Fool’s Rally.[/quote]
It looks like the rally is already running out of steam, the indexes are down at least a percentage acorss the board as of this writing. I’m staying in cash for now.
October 14, 2008 at 1:16 PM #287550lonestar2000Participant[quote=stockstradr]I will trip if it turns out THAT was the Fool’s Rally.
I cannot believe markets are now headed down much lower. I think this Fool’s Rally has gotta have more get-up-and-go.
But, yah know, the reason i dumped all stocks this morning is that a quick calculation showed this Fool’s Rally had already achieved OVER 20% dead-cat-bounce, relative to last week’s lows. That’s quite a bounce for a dead cat.
So you can’t say this hasn’t been a significant Fool’s Rally.[/quote]
It looks like the rally is already running out of steam, the indexes are down at least a percentage acorss the board as of this writing. I’m staying in cash for now.
October 14, 2008 at 1:16 PM #287577lonestar2000Participant[quote=stockstradr]I will trip if it turns out THAT was the Fool’s Rally.
I cannot believe markets are now headed down much lower. I think this Fool’s Rally has gotta have more get-up-and-go.
But, yah know, the reason i dumped all stocks this morning is that a quick calculation showed this Fool’s Rally had already achieved OVER 20% dead-cat-bounce, relative to last week’s lows. That’s quite a bounce for a dead cat.
So you can’t say this hasn’t been a significant Fool’s Rally.[/quote]
It looks like the rally is already running out of steam, the indexes are down at least a percentage acorss the board as of this writing. I’m staying in cash for now.
October 14, 2008 at 1:16 PM #287581lonestar2000Participant[quote=stockstradr]I will trip if it turns out THAT was the Fool’s Rally.
I cannot believe markets are now headed down much lower. I think this Fool’s Rally has gotta have more get-up-and-go.
But, yah know, the reason i dumped all stocks this morning is that a quick calculation showed this Fool’s Rally had already achieved OVER 20% dead-cat-bounce, relative to last week’s lows. That’s quite a bounce for a dead cat.
So you can’t say this hasn’t been a significant Fool’s Rally.[/quote]
It looks like the rally is already running out of steam, the indexes are down at least a percentage acorss the board as of this writing. I’m staying in cash for now.
October 15, 2008 at 8:45 AM #287564peterbParticipantElliottwave calling for this to settle down at 8200 and then pop up again. But I dont see how. What good news is coming? Nothing. So, it’s down we go…..
October 15, 2008 at 8:45 AM #287864peterbParticipantElliottwave calling for this to settle down at 8200 and then pop up again. But I dont see how. What good news is coming? Nothing. So, it’s down we go…..
October 15, 2008 at 8:45 AM #287880peterbParticipantElliottwave calling for this to settle down at 8200 and then pop up again. But I dont see how. What good news is coming? Nothing. So, it’s down we go…..
October 15, 2008 at 8:45 AM #287907peterbParticipantElliottwave calling for this to settle down at 8200 and then pop up again. But I dont see how. What good news is coming? Nothing. So, it’s down we go…..
October 15, 2008 at 8:45 AM #287911peterbParticipantElliottwave calling for this to settle down at 8200 and then pop up again. But I dont see how. What good news is coming? Nothing. So, it’s down we go…..
October 15, 2008 at 11:54 AM #287613stockstradrParticipantI was smart to have exited (long positions) yesterday morning with the stock markets up 4%…but I should have been also smart enough to then immediately GO SHORT the stock indexes!
I’m surprised how fast markets are falling after the Fool’s Rally crested yesterday morning.
S&P500 already down 11% off yesterday’s highs.
October 15, 2008 at 11:54 AM #287915stockstradrParticipantI was smart to have exited (long positions) yesterday morning with the stock markets up 4%…but I should have been also smart enough to then immediately GO SHORT the stock indexes!
I’m surprised how fast markets are falling after the Fool’s Rally crested yesterday morning.
S&P500 already down 11% off yesterday’s highs.
October 15, 2008 at 11:54 AM #287929stockstradrParticipantI was smart to have exited (long positions) yesterday morning with the stock markets up 4%…but I should have been also smart enough to then immediately GO SHORT the stock indexes!
I’m surprised how fast markets are falling after the Fool’s Rally crested yesterday morning.
S&P500 already down 11% off yesterday’s highs.
October 15, 2008 at 11:54 AM #287957stockstradrParticipantI was smart to have exited (long positions) yesterday morning with the stock markets up 4%…but I should have been also smart enough to then immediately GO SHORT the stock indexes!
I’m surprised how fast markets are falling after the Fool’s Rally crested yesterday morning.
S&P500 already down 11% off yesterday’s highs.
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