Replies to post #15561 on T/A ETF AND INDEX

[POKERSAM]

Torqputty - I agree. These are fingers in the dike. The state of the economy will not change till the housing, job, and consumer crisis is over. There is no light at the end of the tunnel yet, unless it is the train coming at you.
This will do nothing to help the earnings of tech, retail, or manf. It will just stave off the collapse of a few banks.
Congrats on being long for this correction back up to where we closed last Friday. I was short and have taken this op to add.

[northam43]

Torqputty - You are absolutely correct about the worse to come. You don't play with the BEAR! Now they've went and done it, they have taken the food right out of the Bear's mouth. They maybe able to keep the Bear caged until Oct 2nd, but when the Bear gets out, he's going to be REAL HUNGRY! and MAD! SPX 940 will be here before you know what hit ya!

Has anyone ever seen the DOW down 1000 pts in a single day?
The NDX down 400 pts in a single day?
The SPX down 300 pts in a single day?

Ya think that could happen?