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this is still a bull market


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#1 greenie

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Posted 01 November 2007 - 12:20 PM

This one day correction (adjustment) is only in the financial and real-estate-related sectors. We already know that those sectors are in trouble. The more important sectors like NDX and FXI barely budged. I am expecting a small choppy correction in SPX, which will hardly look like anything in the big picture, until the IT/LT rally resumes. Don't even think about shorting until SPX reaches 1800. If you short, you are a permabear gambling with your money. Stay with the right side of the market, and it will be real easy to make money. :redbull: :redbull: :redbull:
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#2 NAV

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Posted 01 November 2007 - 01:29 PM

This one day correction (adjustment) is only in the financial and real-estate-related sectors. We already know that those sectors are in trouble. The more important sectors like NDX and FXI barely budged.

I am expecting a small choppy correction in SPX, which will hardly look like anything in the big picture, until the IT/LT rally resumes. Don't even think about shorting until SPX reaches 1800. If you short, you are a permabear gambling with your money. Stay with the right side of the market, and it will be real easy to make money.

:redbull: :redbull: :redbull:


If i read it with my glasses on

We have made a generational top which will never be visited in my lifetime. Stay short until the civil war breaks out in California. At that point cover your shorts and move to China :lol:

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#3 fib_1618

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Posted 01 November 2007 - 01:42 PM

We have made a generational top which will never be visited in my lifetime. Stay short until the civil war breaks out in California. At that point cover your shorts and move to China

Or India?

Too funny.

Fib

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