Is this the BOTTOM of the equity markets???

DaxDestroyer · Oct 3, 2008, 7:42am

Quote:

Originally Posted by cogitoergosum

No. The bootom of the market is when sentiment can not get any worse. That's because when everyone, and I mean absolutely everyone thinks things are going to get worse, then all those people have sold. Therefore there is no further selling pressure, there can only be buyers left.
And that also applies to the property market.
Think about it.

Good that you think and therefore defines you

I do not only think about that, but as well finance my life, doing it

Even I am able to adapt quickly enough in the case it is necessary

DaxDestroyer · Oct 3, 2008, 7:43am

Quote:

Originally Posted by BSD

Quite often readable like a book, what.

yepp

manchmal auch hier DEUTLICH sichtbar

BSD · Oct 3, 2008, 7:45am

Haha, absolut !

DaxDestroyer · Oct 3, 2008, 7:54am

Der BUND, der ist gesund

Dax wieder mal wie auf dem Rummelplatz

Junger Mann zum mitreisen gesucht

BSD · Oct 3, 2008, 8:22am

Quote:

Originally Posted by DaxDestroyer

Der BUND, der ist gesund

Dax wieder mal wie auf dem Rummelplatz

Junger Mann zum mitreisen gesucht

DaxDestroyer · Oct 3, 2008, 9:31pm

Funny ride

AGAIN

Weekly closes make me interested ,whether Hank and his guys have anything up their sleeves

Next week will answer this thread's question

At least my charts look a bit scary

DaxDestroyer · Oct 5, 2008, 9:37am

After the "failure" of German Hypo Real Estate, a DAX member, the market, the Central Banks and the Governments face a REAL TEST

So as fundamentals and the charts see markets falling out of bed, exactly THIS is the last chance IMHO. If Monday turns out to see a positive market, the bottom will be in. Otherwise we will revisit quite different levels. I will be there, 8.00 am German market opening, seat belts fastened, but ready to turn the ship as rate cuts loom.

tomorton · Oct 5, 2008, 10:02am

I wouldn't want to try to pick the bottom, why would anyone want to try to do that? Such choices are usually wrong - look at a chart and you'll see that we''ve had lots of reasonable candidates for bottom since the start of the year, and none of them were the bottom. TV journalists love this game but it is a waste of time.

I intend to trade what the market is doing, not trade what I think it will do. I am prepared for it to go up or down and will trade it accordingly, but no time need be wasted on finding the bottom.

View Poll Results: Does the Bailout package mark the bottom of the equity markets???
Yes, absolutely! I am buying here!	9	12.00%
Yes, but I need more confirmation.	11	14.67%
I don't know/care.	10	13.33%
No, I will sell rallies.	40	53.33%
No, I sell ANY UPTICK!	5	6.67%
Voters: 75. You may not vote on this poll

Oct 3, 2008, 7:45am	#75
BSD Legendary Member Member Since Feb 2006 3,213 Posts	Re: Is this the BOTTOM of the equity markets??? Haha, absolut ! __________________ Markus Doing without doing I need to make one hundred million Euros pretty fast. You know how it is. There are bills to pay.

Oct 3, 2008, 7:54am	#76
DaxDestroyer Veteran Member Member Since Dec 2007 650 Posts	Re: Is this the BOTTOM of the equity markets??? Der BUND, der ist gesund Dax wieder mal wie auf dem Rummelplatz Junger Mann zum mitreisen gesucht

Oct 3, 2008, 9:31pm	#78
DaxDestroyer Veteran Member Member Since Dec 2007 650 Posts	Re: Is this the BOTTOM of the equity markets??? Funny ride AGAIN Weekly closes make me interested ,whether Hank and his guys have anything up their sleeves Next week will answer this thread's question At least my charts look a bit scary

Oct 5, 2008, 9:37am	#79
DaxDestroyer Veteran Member Member Since Dec 2007 650 Posts	Re: Is this the BOTTOM of the equity markets??? After the "failure" of German Hypo Real Estate, a DAX member, the market, the Central Banks and the Governments face a REAL TEST So as fundamentals and the charts see markets falling out of bed, exactly THIS is the last chance IMHO. If Monday turns out to see a positive market, the bottom will be in. Otherwise we will revisit quite different levels. I will be there, 8.00 am German market opening, seat belts fastened, but ready to turn the ship as rate cuts loom.

Oct 5, 2008, 10:02am	#80
tomorton Legendary Member Member Since Feb 2002 3,629 Posts	Re: Is this the BOTTOM of the equity markets??? I wouldn't want to try to pick the bottom, why would anyone want to try to do that? Such choices are usually wrong - look at a chart and you'll see that we''ve had lots of reasonable candidates for bottom since the start of the year, and none of them were the bottom. TV journalists love this game but it is a waste of time. I intend to trade what the market is doing, not trade what I think it will do. I am prepared for it to go up or down and will trade it accordingly, but no time need be wasted on finding the bottom.

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