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What are the chances?


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#1 jdjimenez

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Posted 13 March 2008 - 08:22 PM

Fed lowers only .25% or makes no move? This causes gold & oil to start their roll over. Market falls (because of expectations of .50 - .75% rate cut) to test lows or maybe make slightly lower lows and then takes off. Personally I'm sitting in all cash to watch maket action after Fed anouncement with the huge expectation of being fully long Tuesday afternoon or maybe Wednesday mid morning. I may be wrong & pay higher entry prices but at least I see the bottom in my rear view mirror! JDJ

#2 TheArchitect

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Posted 13 March 2008 - 08:47 PM

but at least I see the bottom in my rear view mirror!


JDJ


on my drive home today... in my rear view mirror... i saw a guy eating an ice cream cone... and then i saw another guy brushing his teeth... we've got some weird folks in florida... but it did make me want an ice cream cone... :yes:

#3 jdjimenez

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Posted 13 March 2008 - 09:03 PM

I'm hoping to see the bottom of these crazy markets in my rear view mirror & nothing but green out the windshield but that ice cream cone sounds mighty good. :D JDJ

#4 TheArchitect

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Posted 13 March 2008 - 09:16 PM

I'm hoping to see the bottom of these crazy markets in my rear view mirror & nothing but green out the windshield but that ice cream cone sounds mighty good. :D


JDJ



yeah... i had ice cream... but no cones... so i settled for a flavor ice... yeah i have no kids... there for me... :huh: ... i think we're either headed for a nice rally into april... say QQQ's 46ish... or a numbing sideways move through the same timeframe... which would probabaly lead to lower lows afterwards... april gonna's be a telling month...

#5 The End

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Posted 13 March 2008 - 09:36 PM

TA, We have not seen a non volatile month in months. I certainly can see that based on randomness. I would imagine otherwise however. Volatility is just begining. Any boredom is fleating. :-) TE
NONE of what I type should be taken as financial advice.

#6 TheArchitect

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Posted 13 March 2008 - 10:02 PM

TA,

We have not seen a non volatile month in months. I certainly can see that based on randomness. I would imagine otherwise however. Volatility is just begining. Any boredom is fleating. :-)

TE



yeah TE... but i haven't had an ice cream cone in months... :huh: ...i'll send you a PM and show u where i'm going with this... ;)

#7 The End

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Posted 13 March 2008 - 10:05 PM

If I missed something, It was due to great herbal remidies

Edited by The End, 13 March 2008 - 10:06 PM.

NONE of what I type should be taken as financial advice.

#8 TheArchitect

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Posted 13 March 2008 - 10:21 PM

If I missed something, It was due to great herbal remidies


and you're not sharing??? ice cream goes great after that... :P

#9 ed rader

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Posted 14 March 2008 - 01:38 AM

Fed lowers only .25% or makes no move? This causes gold & oil to start their roll over. Market falls (because of expectations of .50 - .75% rate cut) to test lows or maybe make slightly lower lows and then takes off.

Personally I'm sitting in all cash to watch maket action after Fed anouncement with the huge expectation of being fully long Tuesday afternoon or maybe Wednesday mid morning. I may be wrong & pay higher entry prices but at least I see the bottom in my rear view mirror!


JDJ



sounds like you really want to be bullish. which i find amazing :lol: .

good luck!

ed rader

"Everybody's got plans... until they get hit."

-- Mike Tyson

http://erader.zenfolio.com/

#10 jdjimenez

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Posted 14 March 2008 - 09:26 AM

Ed, Sure I want to be bullish, heck I've wanted to be bullish since December. I'm just looking for some turn to make a reasonable entry. Sitting in cash has been the right thing for me as I am not qualified to be a day trader. I really enjoy watching some of these people pull off such sharp short term trades and have learned tons from their chart postings. I would love to have the nerves of steel some of these people have. Some of the stocks I'm watching are: WAG CCJ BKX RTH SMH CAT GM I just feel there will be better entry points soon for long term positions. JDJ