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The time has arrived, Get out while you can!
03-10-2008, 06:37 PM
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#1
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
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The time has arrived, Get out while you can!
Like the magazine cover, I'm setting up a stock market bottom. Contrary play, stocks and fixed income should turn up soon.
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03-10-2008, 06:43 PM
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#2
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,596
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thanks for letting us know....
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03-10-2008, 06:43 PM
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#3
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Recycles dryer sheets
Join Date: Jun 2007
Posts: 183
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Awesome.
I don't market time but I'm still smiling anyway when I read stuff like that
Each day it tanks I do try to squeeze a few more bucks into my taxable account though. FALL! FALL!
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03-10-2008, 06:51 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Aug 2007
Posts: 1,224
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Bottom you say? God I hope not, the cheaper they get the more I can buy. (My apologies to those of you no longer accumulating.)
DD
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03-10-2008, 07:00 PM
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#5
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
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I do not remember things being this negative for a long, long, long time. Even superbull Cramer was about to slit his wrists tonight. I just read a blog about which bank is going to fail first.
Maybe, the damage has mostly been done. The dollar stock market is not really down much, but if priced in foriegn currency or gold terms it as already crashed. Maybe, the bear (mostly a loss of dollar purchasing power this time around) is coming to an end. Our stocks look awfully cheap to Europeans, Asians, and Arabs right now.
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03-10-2008, 07:03 PM
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#6
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Recycles dryer sheets
Join Date: Jun 2007
Posts: 183
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Cramer's predictions are terrible regardless of what the market is doing.
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03-10-2008, 07:10 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Just the circle of life going on. Sing it with me...The circcccle of stock marketttt lifeeee...
 That was from me to you.
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03-10-2008, 07:30 PM
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#8
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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 RockOn
I do not remember things being this negative for a long, long, long time. Even superbull Cramer was about to slit his wrists tonight. I just read a blog about which bank is going to fail first.
Maybe, the damage has mostly been done. The dollar stock market is not really down much, but if priced in foriegn currency or gold terms it as already crashed. Maybe, the bear (mostly a loss of dollar purchasing power this time around) is coming to an end. Our stocks look awfully cheap to Europeans, Asians, and Arabs right now.
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valuations can change in a flash
texas instruments just cut their revenue projections today
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03-10-2008, 08:11 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 5,667
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Quote:
Originally Posted by innova
Cramer's predictions are terrible regardless of what the market is doing.
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Do you mean the free ones, the ones you paid for, or all of them?
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03-10-2008, 08:37 PM
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#10
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Recycles dryer sheets
Join Date: Dec 2006
Location: Florida
Posts: 249
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Well, it is time to re-balance my "play money" portfolio. I've dumped the stock screen (small cap value) and bought 4 junior golds. This probably means, that if you're a trader, it's time to short gold big time
__________________
I've got nothing against an honest day's work, provided that someone else does it.
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03-10-2008, 09:33 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,226
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Don't know that tune, but I'll try to whistle.
__________________
There's no need to complicate, our time is short..
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03-10-2008, 11:42 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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I cannot believe you don't know the circle of life!
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03-11-2008, 06:52 AM
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#13
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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 RockOn
I do not remember things being this negative for a long, long, long time. Even superbull Cramer was about to slit his wrists tonight. I just read a blog about which bank is going to fail first.
Maybe, the damage has mostly been done. The dollar stock market is not really down much, but if priced in foriegn currency or gold terms it as already crashed. Maybe, the bear (mostly a loss of dollar purchasing power this time around) is coming to an end. Our stocks look awfully cheap to Europeans, Asians, and Arabs right now.
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one of cramer's best friends is negotiating a plea deal with the FBI to avoid jail and is about to lose a lot of money in a divorce. and he might have to register as a sex offender
that probably had something to do with it as well
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03-11-2008, 08:52 AM
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#14
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 798
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Did you buy anything?
Don't be rollin those eyes at me
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03-11-2008, 09:16 AM
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#15
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,596
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Quote:
Originally Posted by RockOn
Did you buy anything?
Don't be rollin those eyes at me 
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Yeah, I bought before dawn this morning but as usual I screwed up (since the funds won't be purchased until the market closes). Should have bought yesterday but silly me, for some reason I thought the Feds were going to wait until the end of the week.
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03-11-2008, 10:08 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Aug 2007
Posts: 1,224
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Quote:
Originally Posted by Want2retire
Yeah, I bought before dawn this morning but as usual I screwed up (since the funds won't be purchased until the market closes). Should have bought yesterday but silly me, for some reason I thought the Feds were going to wait until the end of the week.
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Not to worry. The euphoria seems to be wearing off. You could still get that warm and fuzzy feeling of having correctly timed the market by days end.
DD
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03-11-2008, 10:12 AM
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#17
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,596
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Quote:
Originally Posted by DblDoc
Not to worry. The euphoria seems to be wearing off. You could still get that warm and fuzzy feeling of having correctly timed the market by days end.
DD
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ROFL!!! Well, with my crystal ball totally out of whack, if I correctly timed the market it will be totally by accident. It's so easy to get caught up in the "gambling fervor" of all this; much more exciting than the quarter slot machines at the casino down on Canal. I can't help but hope!
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03-11-2008, 10:21 AM
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#18
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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 Want2retire
Yeah, I bought before dawn this morning but as usual I screwed up (since the funds won't be purchased until the market closes). Should have bought yesterday but silly me, for some reason I thought the Feds were going to wait until the end of the week.
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Aren't we still waiting on DOW 8000 anyways?
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03-11-2008, 10:25 AM
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#19
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,450
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LoL, yeah the euphoria should subside soon...since the markets have to encourage the Fed to lower rates by 75 basis points, right....
__________________
- Hurry! to the cliffs of insanity!
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03-11-2008, 11:17 AM
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#20
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 427
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Quote:
Originally Posted by Want2retire
Yeah, I bought before dawn this morning but as usual I screwed up (since the funds won't be purchased until the market closes). Should have bought yesterday but silly me, for some reason I thought the Feds were going to wait until the end of the week.
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Can't you cancel the trades?
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