Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lol why not?? I'd hop to 1011 to see what it's like.
Happy New year!
i hope i'm not there to find out.
Started 2010 around $25 and ending it close to $12. Wondering what 1011 will bring.
As long as the Russell2000 keeps going up this will keep going down.
Looks like $10 is coming.
From $120 to $12 PPS in less than two years... looking for a bottom here soon imo!
She is racing now!
Looking good. Almost 10-9 dow
I won't be buying.
I'm reducing some at 18.08
Bank of Japan is really wanting to drop the yen, but no one knows if they will and by how much.
Things are a bit more stable at this moment.
We may just stay a this level for a bit, or make the next 100 pt move down.
I see no real upswing in the mrkt short term.
Looks to me that we will make that 100 pt down move over the next day or so.
I also think gold has stablized for the time being.
yes, so what is going on? do you have any buy/sell numbers and what happened with the dollar. i see you made a lot in gold.
Hey woops -
there is that first 100 pt downturn!
auroradude
Currently reevaluating woops - late in the night but big things happening with US $.
I will re-examine throught the "weee" hours....
Yeah, if we see mrkt go up, I think it is temporary. Personally, I hope to take some profits over the next couple of weeks.
We will see - update you later!
I am skeptical of the news we are getting about the economy. You will see a headline indicating things are 'building up' and then you read the article and see things like 'building is up but only because of government building and the private sector building is at a 12 year low' or that 'income is up' but then you read it is caused by 'unemployment benefits extended.'
One reason could obviously be November elections.
In the meantime,longer term, after a 71 year record for september 1939 is broken, any buys between now and 11000 can't be all bad can it? There has to be a correction just like there has to be sunshine. I can't help but feel confident holding now.
As always, thanks for your posts. If you get some numbers next week, throw them up.
I'm not as confident as I would like. Here is some of my reasoning.
IMO, we have been on a see saw for several days, with the mrkt trying to decide if the latest rally is real or not. Indicators are in conflict. Market volatility index has increased. Combined with the recent run and great mrkt performance in Sept., along with investor sentiment turning bearish as reported by the Investor Sentiment Survey, I conclude that the charts are correct and the market will have a downturn. I see several stops along the way down, the first couple each of a 100 points or so. It is more unclear from there, but if I had to guess, I would say that when the first 2 downward moves occur, they will be fairly quick. I expect that it will not be enough to restore confidence or give the mrkt much of a bounce, triggering another move down.
Just my opinion, and of course it can change quickly!
We will see.
seriously?
How confident can you be? Where are you getting your news?
Very likely we see a downturn of several hundred points on the Dow, starting this coming week IMO and lasting a couple weeks...up to 600 points down.
hey,
out of town but was able to buy friday morning. What do your tea leaves look like now? Thanks.
Did you get any of those low 17's?
Looks like the start of our move here.
the closer to 11000 the more certain the bet
Volatility is up today. I'm thinking the mrkt will go up a bit more - maybe another 100 points on the Dow - before I look to be adding.
I guess that answers my question.
aren't these opportunities now?
you still looking for 17.60?
Looks like some buying opp. possible next week.
rut seems to have come a little unglued from the dow
We should have a very good Thurs. the way things look now!
Yeah I'm all over the place - I'm an equal opportunity investor! Keeps me busy!
Hope you keep coming by - it's just getting started and I think we can all learn from each other.
I'd like to talk about hobbies that make people money on that board some time soon.
Yes, I'm ready again if it goes in the 17s again too.
I see you are very much into trading. I visited your board. You are into a little of everything!
FRANTIC!!! haha!
We were all over the place today - I'll need time to digest it all.
What a day!
yes indeed. i was true to my word. how do you see the rest of the week???
Another wild ride today!
because november is fast approaching, i'm not sure i believe any news now. if it hits anywhere in 17, i'm there.
I believe we will hit 17.60 or lower today since housing starts was better than expected.
Tough question!
Can give you a decent ballpark when we start getting closer - sorry.
Roughly, what do you reckon that will translate to in a twm price? Thanks.
My next sell won't be until after S&P 500 goes under 1106
I'll be buying at 17.60 if it hits there.
how low will it go then?
I think buy time happens tomorrow and turnaround starts Wed. or Thurs. unless terrible housing start #'s for Sep come out tomorrow morning as that could trigger movement. Charts, model saying that we are close but not quit there.....
buy time? or wait?
really unusual movements
For sure keep holding, there really is no telling until its there. Good luck to you.
Followers
|
4
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
248
|
Created
|
10/03/08
|
Type
|
Free
|
Moderators |
UltraShort Russell2000 ProShares
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |