Replies to post #49680 on FuelCell Energy Inc (FCEL)

[igotthemojo]

" I'm thinking that once the Nasdaq hits 10,500 there is a good chance we start back up."

sure...a bounce is likely...but that wont be the low...not by a long shot...

" A lot depends on what the Fed does."

the fed has already said what its going to do...and they said it will be painful...thats why the market is dropping...there isnt any reason to wonder what the fed will do...the fed will continue to raise rates to around 4.50...hopefully they can stop there...but that remains to be seen...and once they get there, the rates will stay there for some time...they arent going to be cutting rates any time soon...the economy is a nail and the Fed is going to use a sledge hammer...

this is what the Fed is going to do...theres no mystery...

[Hoghead7]

For those of us that are in, and all in like I am, we just wait for those that dipped in recently or since declining now is the perfect time to buy. In fact if I had a little cash sitting around I would buy more now. That CNBC guest I referred to several times now seem to have a pretty good take that I currently agree with. People are going to want this thing to bottom quickly and if we happen to shoot right past those numbers then there may be concern but for those trying to time a bottom, one would have to be extremely lucky and can't really do much better than right here. In my opinion anything under $5 will be rewarded nicely this year. Unless of course you're correct and the market is in a tailspin out of control and we get no positive news. Just don't see that happening