Market Talk / Oct. 26 - Nov. 1

[wv-girl]

Like Today ! Ok, I won't expect anything for tomorrow either ! Hope it works ! :toung:

Me too!

 

[amoeba]

It's a very serious move for me - I like it when the whole portfolio floats. I need to find out if we had another 9 to 1 upday to confirm the greatest bullish significance. I would not be at all surprised that we may have the beginning of a new leg of the bull market.

You have to be in a bull market to have a new leg in one, and we're not. What you do have, if you wish to take advantage of it, is your last in awhile chance to reduce your position in any C/S/I shares, but as far as evidence of movement; all the major indices haven't even crossed the 20 day moving average (and those averages are declining). Still very high volatility, and a majority of down days.

Its a head fake, with no follow through. If the market comes anywhere close to 1,000, look for selling to kick in big time (again).

 

[Birchtree]

The Dow went down 400 points in the last 13 minutes of trading - to close down to -74. However, there were still 2200 stocks up and 1000 down with a gain in the NYSE. Tomorrow could easily be another 800 point kicker - we can have a historic up day at any moment. I'm long and staying that way.

 

[Braveheart]

The Dow went down 400 points in the last 13 minutes of trading - to close down to -74. However, there were still 2200 stocks up and 1000 down with a gain in the NYSE. Tomorrow could easily be another 800 point kicker - we can have a historic up day at any moment. I'm long and staying that way.

It is one hell of a ride. Remember the old days about 6 months back when a good up day was 50 points LoL. I believe Foreign investors are moving in right now because the US Market is in the best shape compared to the rest of the World. I can't believe I just typed that but IMO it is true. I have been parked in this C Fund all the way down and still have 2 IFT's. I might move out tomorrow to the G Fund for 1 day thinking Friday could be a sell off and then move right back to 100 C Fund again setting up Monday - thoughts !!!!!!!!!!!!!!! - BH :nuts:

 

[Spaf]

Nothing else for this week, see ya next!​

Spaf​