gap down opening tommorow should mark capitulation!
Started by
atlasshrugged
, Mar 05 2007 04:02 PM
6 replies to this topic
#1
Posted 05 March 2007 - 04:02 PM
I have been waiting patiently for months , I hope tommorow my equanimity pays off!
#2
Posted 05 March 2007 - 04:08 PM
I think we just had capitulation.
Fear is in stratosphere once again. 2.1 bil shares on NYSE with 10 to 1 down to up volume. 2.3 bil on Naz.
#3
Posted 05 March 2007 - 04:16 PM
Gap down will be too easy. I am thinking gap up and then some kind of strange pattern.
I am not buying anything.
I see dead cats. They may or may not bounce. But they are dead.
Denleo
#4
Posted 05 March 2007 - 04:25 PM
Gap down will be too easy. I am thinking gap up and then some kind of strange pattern.
I am not buying anything.
I see dead cats. They may or may not bounce. But they are dead.
Denleo
Hey Dennis,
Has any of the hedge fund people you know got blowing up? How is the sentiment in the hedgie-land, if you can guage by talking to people around?
Thx, G.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#5
Posted 05 March 2007 - 04:28 PM
I think we just had capitulation.
Fear is in stratosphere once again. 2.1 bil shares on NYSE with 10 to 1 down to up volume. 2.3 bil on Naz.
Ouch... Another 10 to 1 down day. For me it means another week from today of not buying. There is just too much selling to consider buying....... It will take at least that long for the selling to subside.....
Barry
#6
Posted 05 March 2007 - 05:25 PM
I know a few hedge fund managers who are down, but most of them are accepting this fact as a normal correction. I see no panic yet, but a lot of people are concerned that this time it will be a big correction.
Denleo
#7
Posted 05 March 2007 - 05:45 PM
Thanks for the comment !!
G.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !