Is this the BOTTOM of the equity markets???

This is a discussion on Is this the BOTTOM of the equity markets??? within the General Trading Chat forums, part of the Reception category; Originally Posted by cogitoergosum No. The bootom of the market is when sentiment can not get any worse. That's because ...

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

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Old Oct 3, 2008, 12:42pm   #73
 
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Originally Posted by cogitoergosum View Post
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
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Old Oct 3, 2008, 12:43pm   #74
 
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Quite often readable like a book, what.

yepp

manchmal auch hier DEUTLICH sichtbar
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Old Oct 3, 2008, 12:45pm   #75
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Haha, absolut !
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Old Oct 3, 2008, 12:54pm   #76
 
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DaxDestroyer started this thread Der BUND, der ist gesund

Dax wieder mal wie auf dem Rummelplatz Junger Mann zum mitreisen gesucht
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Old Oct 3, 2008, 1:22pm   #77
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Der BUND, der ist gesund

Dax wieder mal wie auf dem Rummelplatz Junger Mann zum mitreisen gesucht
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Old Oct 4, 2008, 2:31am   #78
 
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DaxDestroyer started this thread 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
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Old Oct 5, 2008, 2:37pm   #79
 
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DaxDestroyer started this thread 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.
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Old Oct 5, 2008, 3:02pm   #80
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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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Thanks! The following members like this post: Bladerunner , trigger
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