Wednesday, March 14, 2007

 

Quick Alert: The Market has Bottomed!

And, I am eating a fucking giant bowl of oatmeal. Coincidence?

I think not.

Comments:
Just curious as to what is telling you it has bottomed? I did see the double bottom being put in and we are now on top of 1375 but anything else telling you?
 
"Just curious as to what is telling you it has bottomed? I did see the double bottom being put in and we are now on top of 1375 but anything else telling you?"

My oatmeal told me the market looks cheap. Trust me, my oatmeal is never wrong.
 
GDP up $0.89. this has got $34.00 written all over it.
 
Nice.

Good to see you are now a bull, Richard.
 
lol is that gratuitous or condescending? i always get confused.

now up $1.01
 
There goes RIMM.
 
Put on another SMH short, added a OIH short-the bounce was just too easy and not confirmed by semis in general. GS and LEH not impressed and they run the programs.
 
clearwire reminds me of an abortion the way it trades, its really sad when you think about it, its disgusting, and it fucking pisses me off that i ever got involved with the bitch
 
Bob Pissani just finished up explaining how the big boys manipulate the market and need to keep S&P near 1400. Its like going to Vegas and the House wins most of the time.
 
The homebuilders are awesome trading vehicles. Pull up an intraday on any of them. Just a few minutes before 1:00, someone started buying. Because they're so heavily shorted, the initial buying pressure caused the shorts to start covering, fueling upward momentum. If you're nimble, you can make a fortune trading these things.
 
LEND is on fire
 
Thanks for the confirmation - I felt it, but was insecure - I pulled my QID two day position and
switched to QLD for the ride back up-
closed out QLD with 1 minute to go.

Lucky!!!

PS. You called it almost to the minute. Thanks

peachin
 
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