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S&P 500
5,186.33
(
-3.00%
)
US TECH 100
17,474.40
(
0.34%
)
Dow Jones
38,703.27
(
-2.60%
)
Brent Oil
76.34
(
-1.06%
)
Bitcoin
55,092.29
(
2.04%
)
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AccipiterQ

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AccipiterQ

Re: Max Power post# 6505

Monday, 09/08/2008 10:03:26 AM

Monday, September 08, 2008 10:03:26 AM

Post# of 58002
when I hear the term 'play' i think of short and intermediate term holding. In that sense this play probably is over, it's down about 30% from what it was at a couple weeks ago. It had an impressive short term run, but I think it's safe to say that the run is over, for the time being. Short & Mid Range people are probably getting out, leaving the core players in, waiting for the next run up. Absolutely nothing wrong with that.

"Weak, Dow's only down ~2.5%. I was hoping for live, serious destruction. This is like Godzilla coming on shore, taking a sh** in the municipal pool, & heading back out to sea." -Gigantopithecus

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