Calling the bottom! - Page 2

Dawg54 · 10-08-2008, 02:35 PM

Quote:

Originally Posted by cute fuzzy bunny

I think thats it. Not to say we wont still have a few red days, but I think the worst of it is over and things will start turning up before long.

At a minimum, aint it nice to read something positive?

God bless you! I'm going 100% equities now.

**ziggy29** · 10-08-2008, 02:38 PM

Quote:

Originally Posted by Dawg54

God bless you! I'm going 100% equities now.

Did Cramer just say it's armageddon time?

**ziggy29** · 10-08-2008, 02:54 PM

There will be no bottom until the last few minutes stop selling off viciously.

Dude · 10-08-2008, 02:57 PM

Quote:

Originally Posted by unclemick

First Gramatica kicks the potential game winner wide right, then wide left - and the Saint's are the proud owner of the cellar in their league.

LOL, brings back memories of his 2003-2004 seasons here with the Bucs

Dawg54 · 10-08-2008, 02:59 PM

Quote:

Originally Posted by ziggy29

There will be no bottom until the last few minutes stop selling off viciously.

Razor now says 6,000. Guess we better wait until then before we go 100% equities.

audreyh1 · 10-08-2008, 03:03 PM

How'd they do that!?!?!

Markets looking pretty strong on high volume, holding near the highs almost the whole afternoon - everything looking good.

Then boom - last 30 mins - market is just knocked down HARD.

Sure looks suspicious to me!

Audrey

**ziggy29** · 10-08-2008, 03:04 PM

Quote:

Originally Posted by Dawg54

Razor now says 6,000. Guess we better wait until then before we go 100% equities.

Until then, here's a money maker:

1. At 3 PM Eastern time, if the Dow is down more than 200 points, do nothing. Otherwise:

2. Establish a short position on a "total market ETF" at 3 PM.

3. Cover said short position at about 3:58.

4. Rinse. Lather. Repeat.

5. Profit!

Variations could be: if the market is *up* at 3 PM, buy one of those concentrated double-short ETFs and sell at 3:58.

haha · 10-08-2008, 03:27 PM

Quote:

Originally Posted by audreyh1

How'd they do that!?!?!

Markets looking pretty strong on high volume, holding near the highs almost the whole afternoon - everything looking good.

Then boom - last 30 mins - market is just knocked down HARD.

Sure looks suspicious to me!

Audrey

Plunge creation team?

audreyh1 · 10-08-2008, 03:30 PM

Yeah it definitely looks like there is a (PCT) plunge creation team in operation these days! LOL! Yesterday was spectacular!

Audrey

d · 10-08-2008, 04:03 PM

given the stellar effect he had on oil prices, the bottom won't be reached till Ziggy sells all equities; sell, Ziggy, sell!

OAG · 10-08-2008, 04:11 PM

Secretary Paulson did it in his afternoon speech. Until he spoke it was up 100 points and then it fell to the close.

TromboneAl · 10-08-2008, 04:32 PM

Quote:

[you're not a dirty market timer ...] if there were some mechanical thresholds that kick in when you are a certain percentage out of whack with your target allocation.

But it's only fair if you decide on those thresholds ahead of time.

I decided not to use thresholds, and just rebalance every Jan 2nd. One nice aspect is that although I started the year at 57% stock, I'm now at about 50%, and the gyrations don't seem quite as important at that level. Don't know if that makes sense, but that's my story, and I'm sticking to it.

**ziggy29** · 10-08-2008, 05:06 PM

Quote:

Originally Posted by OAG

Secretary Paulson did it in his afternoon speech. Until he spoke it was up 100 points and then it fell to the close.

These people really need to learn when to shut up. The markets are telling them that their "reassurances" are NOT helpful...

. . . Yrs to Go · 10-08-2008, 06:10 PM

Did some rebalancing today by putting $150 large to work . . .

I have no idea if this is a bottom or not. But one thing I know with absolute certainty is that investing in equities today will produce better returns then investing one year ago when everyone was happy to do it.

riskadverse · 10-08-2008, 06:22 PM

Quote:

Originally Posted by ziggy29

These people really need to learn when to shut up. The markets are telling them that their "reassurances" are NOT helpful...

There is some adage that you can't tell how ignorant a person is till he opens his mouth. I personally like knowing that Paulson and Bernanke are as stupid as I suspected. After all, these are the guys spending your money. If they can't instill faith in what they are doing, perhaps you shouldn't be investing as they try to manipulate the market.

freebird5825 · 10-08-2008, 06:45 PM

Quote:

Originally Posted by REWahoo

Sacrifice a virgin?

Grow garlic?

**Khan** · 10-08-2008, 06:50 PM

Quote:

Originally Posted by REWahoo

Sacrifice a virgin?

Where would you find one ?

**REWahoo** · 10-08-2008, 06:52 PM

Quote:

Originally Posted by Khan

Where would you find one ?

Look for the ugliest girl in the third grade. (Hey, you asked!)

cute fuzzy bunny · 10-08-2008, 07:35 PM

Good news, I'm a virgin!

Quick, someone rub me down with garlic.

Dawg54 · 10-08-2008, 08:07 PM

Quote:

Originally Posted by cute fuzzy bunny

Good news, I'm a virgin!

Quick, someone rub me down with garlic.

I thought you would prefer bacon grease.

10-08-2008, 02:54 PM	#23
ziggy29 Moderator Join Date: Oct 2005 Location: Texas Hill Country Posts: 2,404	There will be no bottom until the last few minutes stop selling off viciously. __________________ FIRE Clock: 11:26 PM. FIREd at midnight but very subject to change.... waiting for the government to privatize the gains and socialize my losses in my 401K...

10-08-2008, 04:11 PM	#31
OAG Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Dublin, Ohio Posts: 1,824	Secretary Paulson did it in his afternoon speech. Until he spoke it was up 100 points and then it fell to the close. __________________ Proud Vietnam Veteran: Cu Chi 66, 1/25th, HHC 25th and Pleiku 66-67 41st Sig Bn 1st STRATCOM

10-08-2008, 07:35 PM	#39
cute fuzzy bunny Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Dec 2003 Location: Losing my whump Posts: 22,527	Good news, I'm a virgin! Quick, someone rub me down with garlic. __________________ Many an optimist has become rich by buying out a pessimist

10-08-2008, 03:03 PM	#26
audreyh1 Thinks s/he gets paid by the post Join Date: Jan 2006 Posts: 2,203	How'd they do that!?!?! Markets looking pretty strong on high volume, holding near the highs almost the whole afternoon - everything looking good. Then boom - last 30 mins - market is just knocked down HARD. Sure looks suspicious to me! Audrey

10-08-2008, 03:30 PM	#29
audreyh1 Thinks s/he gets paid by the post Join Date: Jan 2006 Posts: 2,203	Yeah it definitely looks like there is a (PCT) plunge creation team in operation these days! LOL! Yesterday was spectacular! Audrey

10-08-2008, 04:03 PM	#30
d Thinks s/he gets paid by the post Join Date: Apr 2006 Posts: 1,457	given the stellar effect he had on oil prices, the bottom won't be reached till Ziggy sells all equities; sell, Ziggy, sell!

10-08-2008, 06:10 PM	#34
. . . Yrs to Go Thinks s/he gets paid by the post Join Date: Sep 2005 Posts: 1,563	Did some rebalancing today by putting $150 large to work . . . I have no idea if this is a bottom or not. But one thing I know with absolute certainty is that investing in equities today will produce better returns then investing one year ago when everyone was happy to do it.