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Posted by Lawyerkill on September 4, 2008, 12:59 pm
one way or other, I say Panic Selling, but I'm all cash right now so I
don't care, but I am looking at GG.
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Posted by Lawyerkill on September 4, 2008, 1:27 pm
> one way or other, I say Panic Selling, but I'm all cash right now so I
> don't care, but I am looking at GG.
Come on, we can do better than this, let's win one for the Aero!
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Posted by lubow on September 4, 2008, 2:10 pm
Gotta tell ya, this is really spooky.
First, because it is a presidential election year and the market is supposed to
go up. I mean they even fixed (just my opinion) the exchange rates and all for
the next month or so and oil is dropping every day partially from exchange
rates, partially from demand.
Second, I thought the Street would love Gov. Church Lady and do the "usual
delusional" and rally today.
Glad I wrote some SPY calls today so it won't be a total loss.
> one way or other, I say Panic Selling, but I'm all cash right now so I
> don't care, but I am looking at GG.
Come on, we can do better than this, let's win one for the Aero!
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Posted by BuffetHater on September 4, 2008, 1:34 pm
> one way or other, I say Panic Selling, but I'm all cash right now so I
> don't care, but I am looking at GG.
This is the Church Lady Rally. Feel bad for McLamer, she lost
his shot at the white house with that hokey accent and Naughty
Librarian Look. Obama in a landslide, time for america to get
even with bush by electing only Left Wingers and outing all the
repugnant Liars.
The VIX did a switch hit on Tues. Key reversal was not enough to
signal a crash, VIX not horrible, but the VIX, KeyReversal and the
set up of Divergence last week. I expected a 400 point short
squeeeeeeeeeeeeeeze on Tues, when that failed i see 800 dow
points on downside in a very short frame.
Wait for GG to take out 52 week lows, i like GG, PAAS and AEM
but at much lower levels. Golds have 20% more on downside.
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Posted by Doobie Keebler on September 4, 2008, 2:00 pm
> . . . i see 800 dow points on downside in a very short frame.
Really? Ya think DOW 10700 ?
Where's the support ?
Bust the shorts, and then there's NOoooobody buying.
If it breaks 10k there's nothing under it until ~8000
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