ziggy29
Moderator Emeritus
Last half hour. Here come the mutual fund sell orders.maybe not
Last half hour. Here come the mutual fund sell orders.maybe not
Well, if I lose money, I still find solace in reading about people who bought at the "earlier bottoms", before I did.
I'm sure tempted to do a little rebalancing...
So that would be the New! and Improved! Bottom? ? ? ?And maybe call another bottom.
So that would be the New! and Improved! Bottom? ? ? ?
-- Rita
TV talkingheads predicted Monday would also be "grim" (so then I switched to Martha Stewart to see her touching the bottom of some puppies as she used the Furminator on them, as noted in thefed's dog vs. wife thread).
i thought only the nasdaq dipped under the intraday oct 10th bottom?
R40,
I am not usually a technician or chartist, but agree with you that the volatility must die down, before we can start crawling ourselves out of this hole. Since I have a lot of cash (stop-loss tripping like crazy on the way down), I am attempting a bit of day trading. Didn't work for me before, but being stubborn as I am, keep telling myself I will get the hang of it someday... Sigh...
Never care to gamble in casinos, but this kind of market brings out the gambler in yourself, I am telling ya...
October 10, 2008
Dow: 8451.19
S&P 500: 899.22
October 24, 2008 (Today)
Dow: 8378.95
S&P 500: 876.77
(Yahoo Finance, historical adj. closing prices)
I believe if the past postings were checked I called the 10th the bottom. It may not have been on this thread. Since I am never wrong, , it's all upside from here.meant the intraday bottom
SP500 hit 839 on the 10th