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 T2W Archive category; Originally Posted by Bladerunner 1st country to go Iceland Scrambles for Cash to Save Banks, Economy - WSJ.com Andy yepp ...

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 6, 2008, 10:26am   #92
 
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yepp Domino starts SMALL
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Old Oct 6, 2008, 10:30am   #93
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What a nightmare !

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Ironical isn't it: this time last year people were queuing up to get their money out of NR, now they are metaphorically queuing up to put it back in - so much so that some accounts have been restricted. Funny times!
Absolutely, they must be attracting funds like crazy right now.

And I would have been one of them putting money in, if Merkel hadn't announced a government guarantee here too for savings.
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Old Oct 7, 2008, 11:59am   #94
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Jim Cramer: Time to get out of the stock market

“I thought about this all weekend. Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now.”


Where the good Chairman has a point, he has a point. As he sums up, if the talking heads - which is Cramer's job these days after all in his post hedge-fund phase - call out a bottomless market a fade would surely seem in order:

Not sure if it will mark *the* bottom, but surely this marks some kind of major bottom (assuming there is a just God, lol).
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Old Oct 7, 2008, 4:30pm   #95
 
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Old Oct 7, 2008, 4:42pm   #96
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Is this the BOTTOM of the equity markets???
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.
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Old Oct 7, 2008, 4:57pm   #97
 
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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, 5:09pm   #98
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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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