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  • January 4, 2008 at 11:48 PM #130000
    HereWeGo
    Participant

    Next week will be an interesting test of negative sentiment = bottom, because I’ve never seen sentiment as negative as it was on CNBC today. Cramer, the Fast Money crew, Kudlow and Co, almost all analysts … everyone was in “end of the world” mode.

    January 5, 2008 at 2:21 PM #130038
    kev374
    Participant

    hahaha, this is GREAT! I liquidated ALL my holdings when the market was at 13500 and people were saying I was crazy because the DOW was going to 15k, GREED is NEVER good!! As Kenny R says you’ve got to know when to fold ’em 😉

    If I had not sold, my portfolio would’ve been 10% down already and my hunch is that it has a lonnnng way to go down in 2008. There may be mini rallys but I think it will never peak again and the long term trend is way down, we have so much negative news to come in 2008, ARM resets, foreclosures, credit card defaults, credit crunch, inflation, more job losses, recession etc. etc. etc.

    January 5, 2008 at 2:21 PM #130213
    kev374
    Participant

    hahaha, this is GREAT! I liquidated ALL my holdings when the market was at 13500 and people were saying I was crazy because the DOW was going to 15k, GREED is NEVER good!! As Kenny R says you’ve got to know when to fold ’em 😉

    If I had not sold, my portfolio would’ve been 10% down already and my hunch is that it has a lonnnng way to go down in 2008. There may be mini rallys but I think it will never peak again and the long term trend is way down, we have so much negative news to come in 2008, ARM resets, foreclosures, credit card defaults, credit crunch, inflation, more job losses, recession etc. etc. etc.

    January 5, 2008 at 2:21 PM #130216
    kev374
    Participant

    hahaha, this is GREAT! I liquidated ALL my holdings when the market was at 13500 and people were saying I was crazy because the DOW was going to 15k, GREED is NEVER good!! As Kenny R says you’ve got to know when to fold ’em 😉

    If I had not sold, my portfolio would’ve been 10% down already and my hunch is that it has a lonnnng way to go down in 2008. There may be mini rallys but I think it will never peak again and the long term trend is way down, we have so much negative news to come in 2008, ARM resets, foreclosures, credit card defaults, credit crunch, inflation, more job losses, recession etc. etc. etc.

    January 5, 2008 at 2:21 PM #130283
    kev374
    Participant

    hahaha, this is GREAT! I liquidated ALL my holdings when the market was at 13500 and people were saying I was crazy because the DOW was going to 15k, GREED is NEVER good!! As Kenny R says you’ve got to know when to fold ’em 😉

    If I had not sold, my portfolio would’ve been 10% down already and my hunch is that it has a lonnnng way to go down in 2008. There may be mini rallys but I think it will never peak again and the long term trend is way down, we have so much negative news to come in 2008, ARM resets, foreclosures, credit card defaults, credit crunch, inflation, more job losses, recession etc. etc. etc.

    January 5, 2008 at 2:21 PM #130316
    kev374
    Participant

    hahaha, this is GREAT! I liquidated ALL my holdings when the market was at 13500 and people were saying I was crazy because the DOW was going to 15k, GREED is NEVER good!! As Kenny R says you’ve got to know when to fold ’em 😉

    If I had not sold, my portfolio would’ve been 10% down already and my hunch is that it has a lonnnng way to go down in 2008. There may be mini rallys but I think it will never peak again and the long term trend is way down, we have so much negative news to come in 2008, ARM resets, foreclosures, credit card defaults, credit crunch, inflation, more job losses, recession etc. etc. etc.

    January 5, 2008 at 2:59 PM #130058
    HereWeGo
    Participant

    Actually I’m still kicking myself for not buying TWM when it hit 64.50 or so the day after Christmas. Double on not buying MON when it crossed 110. Dang.

    January 5, 2008 at 2:59 PM #130233
    HereWeGo
    Participant

    Actually I’m still kicking myself for not buying TWM when it hit 64.50 or so the day after Christmas. Double on not buying MON when it crossed 110. Dang.

    January 5, 2008 at 2:59 PM #130235
    HereWeGo
    Participant

    Actually I’m still kicking myself for not buying TWM when it hit 64.50 or so the day after Christmas. Double on not buying MON when it crossed 110. Dang.

    January 5, 2008 at 2:59 PM #130303
    HereWeGo
    Participant

    Actually I’m still kicking myself for not buying TWM when it hit 64.50 or so the day after Christmas. Double on not buying MON when it crossed 110. Dang.

    January 5, 2008 at 2:59 PM #130336
    HereWeGo
    Participant

    Actually I’m still kicking myself for not buying TWM when it hit 64.50 or so the day after Christmas. Double on not buying MON when it crossed 110. Dang.

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