The time has arrived, Get out while you can!
- Thread starter RockOn
- Start date
Did you just compose that? Pretty cool
Yeah I did; it's pretty rough though... I'll work on a second draft but I wanted to get some props out there.
jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
ok, Im confused...why do you want credit for calling a bottom when your title clearly says "GET OUT WHILE YOU CAN"?
haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Reread the first post, it was a bottom call
You have just created 18 months of bad market karma. Good luck.
Ha
jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Reread the first post, it was a bottom call
why would I want to "GET OUT WHILE I CAN", if it's a bottom call, Im buying like crazy, no?
tongue in cheek based on always knowing when the bottom is based on headlines saying to get out now because it's going to get worse
Sorry, it was a play on words. I meant to do the opposite of what I said. I cannot explain it any better than that.
figner
Recycles dryer sheets
jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Sorry, Im just slow today. I TRIED to buy into your bottom....rushed home, logged into fidelity 10 min before market close, rebalanced 401k and went to click "submit" and then realized PC is still on standard time and market closed 50 min ago!
Ok, it's time to come clean. I had an idea that a bottom could be put in very soon due to the extreme pessimism. I've been watching markets for a long time like many of you and when things get that one sided, an upturn is not surprising. I did actually do some buying yesterday but it was mostly luck. Oh, did I say that.
Now as far as the bottom call, it is possible that it was a real bottom but I do not know that for sure. I wouldn't act on my call. The market might just turn back down again, it did look like a short covering rally in a bear market to me. Those rallies can fail.
Still want to buy my newsletter?
At least that's what Spitzer said!
jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
No.......I've had fairly awkward adjustments into and out of DST. When I realized on Monday that my PC did not auto-update, I vaguely recalled hearing that the time change was earlier than usual, so I figured if I re-set it manually, it would auto-update on the traditional date, I would get out-Are you pullen my chain?
of sync....anyway that's my story and I'm sticking to it!
Maybe I am pulling your chain a bit as I was not rebalancing directly as a result of your post. I had decided to sell into any short term rallys to refill bucket #1 for kid's tuition expenses.
Good thing, I was beginning to get worried about being sued as pretending to be a newsletter writer (investment advisor).
It was a good call though, you gotta admit.
I'll let you know when I see the next chance to adjust those buckets.
maddythebeagle
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Sarcasm...I guess. I guessed 11500 on the dow in another thread...but I think Ben's floor is just a bit higher before he releases the hounds...
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Notmuchlonger
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So are you calling a top?
The time has arrived. Get it all in while you can.
Im waiting on your news letter Rockon. Whens the top.
So are you calling a top?
The time has arrived. Get it all in while you can.
why are the leveraged ones up more than they should and QID is up on very heavy volume. 44 million shares compared to 34 million average volume when the volume on the index was lighter than yesterday. nasdaq did 2.1 billion shares compared to 2.5 billion yesterday
my guess is that this was a sucker rally and people are getting into the short ETF's to be ahead of the game
It's not that easy. Bottoms are easier than tops. As soon as I can tell that a top is going to happen on a specific day, I'll be sure to update my newsletter. I'll also let the ER forum in on it as a publc service to the seniors in the forum.
P.S. For $29.99 a month, I can set up your individual PM alert. I take Paypal, no checks or cash. I usually make top and bottom calls on the day before a very large move (like the largest move in the last five years) so you must have patience. If you don't hear from me anytime soon, don't worry, I am working on my next call. If you see the monthly debit on your account you can be sure I am on the job.
100% satisfaction guaranteed, refs available on request
I did not look into it but it is likely because they use futures in those leveraged funds. If the futures closed either today or yesterday at a big discount or a big premium to fair value, it is likely causing the pricing variation you are seeing. I would say it is not significant. Sorry.
The volume is not significant, that amount of shares is really only peanuts compared to the market. A few people might be doing what you suggest, not the big money.
REWahoo
Give me a museum and I'll fill it. (Picasso) Give
Man, how times have changed. Back in my HS days it was totally reversed.
Notmuchlonger
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That was pretty good. Simple to the point with effect.
