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 To Be Sorted category; Originally Posted by yacarob1 The bottom of the equity markets is zero, so the answer to the question is a ...

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 7, 2008, 11:57am   #97
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Default Re: Is this the BOTTOM of the equity markets???
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Originally Posted by yacarob1 View Post
The bottom of the equity markets is zero, so the answer to the question is a resounding NO

I wouldn't be at all surprised to see further significant falls from today's levels.

All it needs is a few more w*ankers to keel over.

Sorry, I meant bankers.

Same thing really I guess.

The only thing, what really COULD surprise me ... if I could not profit from it ... no matter, what direction it takes
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Old Oct 7, 2008, 12:09pm   #98
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Default Re: Is this the BOTTOM of the equity markets???
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The only thing, what really COULD surprise me ... if I could not profit from it ... no matter, what direction it takes
Fully agree, even though it might mean making money out of the misfortune of others.

Who cares anyway, survival of the fittest etc etc....tra la la ..
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Old Oct 7, 2008, 12:12pm   #99
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Default Re: Is this the BOTTOM of the equity markets???
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Originally Posted by yacarob1 View Post
Fully agree, even though it might mean making money out of the misfortune of others.

Who cares anyway, survival of the fittest etc etc....tra la la ..
Nobody is forced to play I do futures ... this is just good old fighting ONE on ONE ...

They use dirty tricks ... so if I play fair and still win ... I love it
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Old Oct 9, 2008, 4:13pm   #100
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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.

Very Good post tomorton



This MUST be the bottom Tomorton

your week swing trend setting 5 on the rsi just popped out of the bottom of my pc and stabbed me in the leg :-)


Andy
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Old Oct 9, 2008, 5:12pm   #101
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Default Re: Is this the BOTTOM of the equity markets???
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Very Good post tomorton



This MUST be the bottom Tomorton

your week swing trend setting 5 on the rsi just popped out of the bottom of my pc and stabbed me in the leg :-)


Andy
Andy ... you should get now this reward! World Class
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Old Oct 10, 2008, 1:56am   #102
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Default Re: Is this the BOTTOM of the equity markets???
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7-10-07 The bottom of the equity markets is zero, so the answer to the question is a resounding NO

I wouldn't be at all surprised to see further significant falls from today's levels.
I don't hear many people calling a market bottom yet !!!!!!!
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Old Oct 10, 2008, 2:03am   #103
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Default Re: Is this the BOTTOM of the equity markets???
Looking at the DOW chart including all data since its inception, this "correction" looks to be the largest ever.

I am just wondering whether this is a natural correction which occurs on a cyclical basis and which will inevitably be followed by a full market recovery, as in past years or whether we are actually witnessing the complete and utter irreversible breakdown of the world's established financial systems.

Any thoughts ?
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Old Oct 10, 2008, 2:07am   #104
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Default Re: Is this the BOTTOM of the equity markets???
I hear that George Bush is going to address the nation tonight to reassure them about the economy.

That almost certainly means the markets will tank again big time.

On second thoughts, scrub the word " almost ".
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