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Wow, implosion


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#1 Chilidawgz

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Posted 04 August 2011 - 01:56 PM

:o so, does this stop or are we gonna crash?

Edited by Chilidawgz, 04 August 2011 - 02:01 PM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#2 selecto

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Posted 04 August 2011 - 02:02 PM

Yes.

#3 Chilidawgz

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Posted 04 August 2011 - 02:03 PM

Yes.


ty, i feel so much better :P
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#4 diogenes227

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Posted 04 August 2011 - 02:03 PM

Yes.

:D

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#5 orange

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Posted 04 August 2011 - 02:03 PM

Yes.


Agreed.

"When your position is underwater, average down" - Professional Trader


#6 pdx5

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Posted 04 August 2011 - 02:07 PM

All depends on how bad situation gets in Italy & Spain. Keep tuned.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#7 mikehb

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Posted 04 August 2011 - 02:08 PM

where are the customers "products"?

#8 qqqqtrdr

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Posted 04 August 2011 - 02:14 PM

where are the customers "products"?


I still see many consumers buying and Fortune 500 companies seem to be in a much better position than they were a year ago.... I personally don't see why the sell-off is justifitied. As soon as demand is realized back up again we are off to the races with stock....

Barry

#9 gm_general

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Posted 04 August 2011 - 02:27 PM

Don't we have the employment report tomorrow? How does that factor in? Or is it more of the same now?

#10 milbank

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Posted 04 August 2011 - 02:38 PM

where are the customers "products"?


I still see many consumers buying and Fortune 500 companies seem to be in a much better position than they were a year ago.... I personally don't see why the sell-off is justifitied. As soon as demand is realized back up again we are off to the races with stock....

Barry


Hello B,
Recent reports like from autos to retailers like Walmart and Dollar Stores as well as mid-level retailers and chain restaurants have been creaky to negative. Only very high-end retailers seem to be holding up. The way this summer is going weather wise food prices are going to sky-rocket even more than they have already. The market looks six months ahead.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


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