Edited by NAV, 18 September 2008 - 02:14 PM.
It may be over for the bears for a while...
Started by
NAV
, Sep 18 2008 02:12 PM
4 replies to this topic
#1
NAV
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Posted 18 September 2008 - 02:12 PM
IMVHO. I am long the NQs. I coudn't post my trade in a timely way, as the website froze on me. I won't bother to post the exit either. Enjoy the ride....
I will go out on a limb and say that the IT and LT bottom is in for the next 6-8 months.
Yours truly
JA
#2
arbman
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Posted 18 September 2008 - 02:53 PM
It is still more like a massive rescue, I wonder whether they can do it again, if the market rolls over in a few days...
#3
trioderob
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Posted 18 September 2008 - 02:57 PM
It is still more like a massive rescue, I wonder whether they can do it again, if the market rolls over in a few days...
yes but a massive rescue is just what was needed
the "Bank for International Settlements" web page talked about this exact rescue and how it should play
out in their annual report
here it is : http://www.bis.org/p...pdf/ar2008e.htm
good reading
Edited by trioderob, 18 September 2008 - 03:02 PM.
#4
atlasshrugged
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Posted 18 September 2008 - 05:36 PM
any reason you picked the nq's over the es???
#5
NAV
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Posted 19 September 2008 - 01:17 AM
any reason you picked the nq's over the es???
Could not get a decent entry on the ES. Ran up way too fast.
