Home › Forums › Financial Markets/Economics › Informal Stock Market Poll
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Coronita.
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September 16, 2008 at 8:12 PM #271125September 16, 2008 at 8:40 PM #271424
mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271371mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271135mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271447mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271384mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271452mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271429mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271389mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271376mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 8:40 PM #271140mercedes7
ParticipantIt is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.
September 16, 2008 at 9:23 PM #271401carlsbadworker
ParticipantI for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper.September 16, 2008 at 9:23 PM #271479carlsbadworker
ParticipantI for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper.September 16, 2008 at 9:23 PM #271454carlsbadworker
ParticipantI for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper.September 16, 2008 at 9:23 PM #271414carlsbadworker
ParticipantI for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper. -
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