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Market going down down


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#1 Tor

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Posted 11 May 2008 - 08:38 AM

Worth a listen I would say. Not good for the BOOLZ.

I personally have no view, as i havent got a clue which way the market is going from here to sept/oct this year.

To my mind, it can go either way.

http://www.cnbc.com/...35299873&play=1

Edited by Tor, 11 May 2008 - 08:41 AM.

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#2 nimblebear

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Posted 11 May 2008 - 10:31 AM

and my portfolio going UP UP UP !!! :D
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#3 nimblebear

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Posted 11 May 2008 - 10:37 AM

If she is going to comment on it, she needs to learn how to pronounce it. Its "DOW JONES," not Doh shones :P 10.5 by Auguest ! wow ! My DXD is going to pay me off in spades if she is right.
OTIS.

#4 kc135a

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Posted 11 May 2008 - 10:22 PM

Worth a listen I would say. Not good for the BOOLZ.

I personally have no view, as i havent got a clue which way the market is going from here to sept/oct this year.

To my mind, it can go either way.

http://www.cnbc.com/...35299873&play=1


Wow, I have had 9900-10700 by 8/14/08 for several months and that will be a the last time to get serious long for a multi month rally for a very long time.

KC

#5 Taz

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Posted 11 May 2008 - 10:27 PM

Market is headed down near-term. Subprime bond indices as measured by markit are ringing the bell for the next downleg. AA has broken to new lows recently and it is only a matter of time before AAA subprime does too. B and A plunging to new lows. Dan