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03-18-2008, 01:11 PM
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#41
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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The market is still trading within a range. Too bad there aren't any traders here, there's a killing to be made.
I'm absolutely kicking myself for not buying BSC around $2.85. I thought it was a no brainer. Unfortunately, I am missing my brain.
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03-18-2008, 01:11 PM
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#42
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Quote:
Originally Posted by Art G
The market is still trading within a range. Too bad there aren't any traders here, there's a killing to be made.
I'm absolutely kicking myself for not buying BSC around $2.85. I thought it was a no brainer. Unfortunately, I am missing my brain.
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Hindsight is 20/20 I guess.
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03-18-2008, 01:14 PM
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#43
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Issue a planetary distress signal, while there's still time...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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03-18-2008, 01:49 PM
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#44
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
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Quote:
Originally Posted by Notmuchlonger
Got a chuckle out of me. As the World Turns..
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Days of our Lives... Sometimes news coverage of the market DOES seem like a soap!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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03-18-2008, 01:50 PM
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#45
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
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Quote:
Originally Posted by Notmuchlonger
Good thing Im not a market timer. Or Id be pulling what little hair I have out..
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the market is doing exactly what the charts say it's supposed to do, rally
if you look at the average closing prices for the last 6 weeks or so the trend is up even though the market has been down. when these trend up, but the market is trending down it's a bullish signal.
i noticed it a week or so ago but didnt' pay too much attention until the last few days because these signals made a higher low and not just an up trend that can easily reverse. and this is why i closed out my short yesterday. that and the earlier lows held on a day when the world was supposed to end.
i don't think this is a real rally that will take us to new highs, but for a month or two things look OK
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03-18-2008, 01:56 PM
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#46
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Full time employment: Posting here.
Join Date: May 2006
Posts: 848
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Quote:
Originally Posted by Art G
The market is still trading within a range. Too bad there aren't any traders here, there's a killing to be made.
I'm absolutely kicking myself for not buying BSC around $2.85. I thought it was a no brainer. Unfortunately, I am missing my brain.
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How fast can fear turn into greed?
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03-18-2008, 01:58 PM
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#47
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Quote:
Originally Posted by al_bundy
the market is doing exactly what the charts say it's supposed to do, rally
if you look at the average closing prices for the last 6 weeks or so the trend is up even though the market has been down. when these trend up, but the market is trending down it's a bullish signal.
i noticed it a week or so ago but didnt' pay too much attention until the last few days because these signals made a higher low and not just an up trend that can easily reverse. and this is why i closed out my short yesterday. that and the earlier lows held on a day when the world was supposed to end.
i don't think this is a real rally that will take us to new highs, but for a month or two things look OK
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Are you ever wrong?
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03-18-2008, 01:58 PM
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#48
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by dmpi
How fast can fear turn into greed?
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It's just a very volatile market. I think there are folks out there who are playing the high level of the VIX. I suspect a massive short squeeze as well.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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03-18-2008, 02:05 PM
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#49
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Well I guess someone was wrong about a sell off today
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03-18-2008, 02:16 PM
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#50
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
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No peanut butter tonight.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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03-18-2008, 02:18 PM
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#51
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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And it's not even the 15th or last day of the month when my 401K money gets invested. Amazing!
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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03-18-2008, 02:38 PM
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#52
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Recycles dryer sheets
Join Date: Sep 2007
Posts: 488
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Any predictions for tomorrow?
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03-18-2008, 02:49 PM
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#53
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Quote:
Originally Posted by Razor
Any predictions for tomorrow?
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The sun will rise.
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03-18-2008, 02:50 PM
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#54
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by Razor
Any predictions for tomorrow?
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Tomorrow will be Wednesday...
(Had to check my calendar...)
We may have turned a corner, though I think there are plenty of gyrations left...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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03-18-2008, 03:00 PM
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#55
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Full time employment: Posting here.
Join Date: Mar 2005
Location: Northern, Florida
Posts: 925
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Quote:
Originally Posted by Razor
Any predictions for tomorrow?
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The Visa IPO will be massive! Get some while you can.
__________________
Retired in 2006 at age 49.
"Who among us is smart enough to learn from the mistakes of others?" - Voltaire
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03-18-2008, 03:02 PM
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#56
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Blackstone or Blackrock whatever its called comes to mind lol.
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03-18-2008, 03:02 PM
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#57
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Full time employment: Posting here.
Join Date: Mar 2005
Location: Northern, Florida
Posts: 925
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Quote:
Originally Posted by Art G
The market is still trading within a range. Too bad there aren't any traders here, there's a killing to be made.
I'm absolutely kicking myself for not buying BSC around $2.85. I thought it was a no brainer. Unfortunately, I am missing my brain.
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I made a few bucks trading BSC and MF Global. It's not too late. You can buy BSC in afterhours trading around $6. Rumor has it that the bondholders are buying the shares to prevent the shareholders from killing the deal with JPM.
__________________
Retired in 2006 at age 49.
"Who among us is smart enough to learn from the mistakes of others?" - Voltaire
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03-18-2008, 03:06 PM
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#58
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Full time employment: Posting here.
Join Date: Mar 2005
Location: Northern, Florida
Posts: 925
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Quote:
Originally Posted by Notmuchlonger
Blackstone or Blackrock whatever its called comes to mind lol.
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How about Mastercard - came out around $45 and is $210 now.
__________________
Retired in 2006 at age 49.
"Who among us is smart enough to learn from the mistakes of others?" - Voltaire
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03-18-2008, 03:09 PM
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#59
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Ya If only I knew Hope your right about Visa.
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03-18-2008, 03:12 PM
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#60
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Full time employment: Posting here.
Join Date: Mar 2005
Location: Northern, Florida
Posts: 925
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Quote:
Originally Posted by Notmuchlonger
Ya If only I knew Hope your right about Visa.
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As my Dad used to say, "Nothing ventured, nothing gained."
__________________
Retired in 2006 at age 49.
"Who among us is smart enough to learn from the mistakes of others?" - Voltaire
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