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 DaxDestroyer Good LUCK There are other indicators that I use 1. I look outside in the morning. ...

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 2, 2008, 3:53pm   #49
 
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Quote:
Originally Posted by DaxDestroyer View Post
Good LUCK
There are other indicators that I use

1. I look outside in the morning. If its sunny I buy all day long
2. If george bush is happy I buy. if he looks sad on tv I sell. (Officialy called THE GEORGE BUSH INDICATOR.. 200% better than RSI!)
3. I ask the first person i see whether i should sell or buy regardless of who they are. Gordon brown shows the experience model lands us in **** so someone with NO experience ... and someone that has not been burdended by the harships of knowledge and education... should give me better signals.
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Old Oct 2, 2008, 5:21pm   #50
 
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DaxDestroyer started this thread Program them and make a fortune
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Old Oct 2, 2008, 5:50pm   #51
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You aint seen nothing yet!
worst is yet to come - yes we will see a bounce to suck in traders who think we have a bottom
i wud love to see dow at 7000.

In fact we shud have seen a recession in 2001, but worldwide central banks cutting interest rates!

Do you remember in the Uk, there were discounted mortgage rates of as low as .40% for first year.
that was just crazy!!
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Old Oct 2, 2008, 8:32pm   #52
 
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Originally Posted by forex999 View Post
You aint seen nothing yet!
worst is yet to come - yes we will see a bounce to suck in traders who think we have a bottom
i wud love to see dow at 7000.

In fact we shud have seen a recession in 2001, but worldwide central banks cutting interest rates!

Do you remember in the Uk, there were discounted mortgage rates of as low as .40% for first year.
that was just crazy!!
What I "would love" and what I trade are quite different things

My "problem" at the moment is: I was BEARISH from Feb. 2007 on and WE ARE HERE!!! at my targets, at least close to them. Adding now the OVERWHELMING negative sentiment, it C O U L D !!! form a bottom here.

We will find out some day
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Old Oct 3, 2008, 7:21am   #53
Joined Jul 2008
Could be

I think :-)


700 billion bailout .............. thats not much is it ?

US have already pumped in ............ a trillion or two already

A few more 700 billion should do it, hang on a minute....errrrr is it a good idea to tell someone what your prepared to pay for ...errrrrrrrrrrr anything !

Sure that will turn out to be the price + a touch more, well you have got to try for a little more, don"t want to leave anything on the table :-)

Market the focus of attention with ......everybody....every 2 minutes on the news and not the dead donkey yet.............. its the End of the World =

must be close to a bottom


No bailout plunge the other night, a quick mark down 300 for 3 minutes, induce a bit of FEAR = an early wash bar

Give us the money or else there could be trouble, smacks at a protection racket, my lad used to paddy just like that if he did"nt get his sweets :-)

that will set up the real wash bar today (jobs / payrolls/ known bad number) Into the weekend, so only for the brave and will keep most out :-) late next week it will look like a nice trade (coulda woulda shoulda = a nice test of the last 1/4 "s / months bar at around the 50% zone on all indexs, a fly past under the low, a same day return trip to save on fuel :-)

Miners oil banks very oversold (UK) Banks already had a little pop to test the air at the higher altitude :-)

Miners H&S pattern pretty much at target on the longer tf ( well past and some) = anymore sellers ? no ok then well off into a range for the next 5 years till we can engineer another boom :-)

= Bounce = draw in daft money = large down 1/4 to lock em in then a range for .........

Ever.......... just like Japan


Fat Cats win again = "wot shall we bubbbbbble up next lads ?"

then we start all over again

07:18 am ......... 10 p per pt down with fins on ftse mar08 :-)


woke up with that load of Sh..t in my head at five in the F..ckin morning, may as well start trading the pairs I think,

what did markus say about the 3 Ducks

right back to


latter

Andy






Last edited by Bladerunner; Oct 3, 2008 at 7:27am. Reason: typo"s as per :-)
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Old Oct 3, 2008, 7:34am   #54
 
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Quote:
Originally Posted by Bladerunner View Post
I think :-)


700 billion bailout .............. thats not much is it ?

US have already pumped in ............ a trillion or two already

A few more 700 billion should do it, hang on a minute....errrrr is it a good idea to tell someone what your prepared to pay for ...errrrrrrrrrrr anything !

Sure that will turn out to be the price + a touch more, well you have got to try for a little more, don"t want to leave anything on the table :-)

Market the focus of attention with ......everybody....every 2 minutes on the news and not the dead donkey yet.............. its the End of the World =

must be close to a bottom


No bailout plunge the other night, a quick mark down 300 for 3 minutes, induce a bit of FEAR = an early wash bar

Give us the money or else there could be trouble, smacks at a protection racket, my lad used to paddy just like that if he did"nt get his sweets :-)

that will set up the real wash bar today (jobs / payrolls/ known bad number) Into the weekend, so only for the brave and will keep most out :-) late next week it will look like a nice trade (coulda woulda shoulda = a nice test of the last 1/4 "s / months bar at around the 50% zone on all indexs, a fly past under the low, a same day return trip to save on fuel :-)

Miners oil banks very oversold (UK) Banks already had a little pop to test the air at the higher altitude :-)

Miners H&S pattern pretty much at target on the longer tf ( well past and some) = anymore sellers ? no ok then well off into a range for the next 5 years till we can engineer another boom :-)

= Bounce = draw in daft money = large down 1/4 to lock em in then a range for .........

Ever.......... just like Japan


Fat Cats win again = "wot shall we bubbbbbble up next lads ?"

then we start all over again

07:18 am ......... 10 p per pt down with fins on ftse mar08 :-)


woke up with that load of Sh..t in my head at five in the F..ckin morning, may as well start trading the pairs I think,

what did markus say about the 3 Ducks

right back to


latter

Andy





sounds like a lot of fun
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Old Oct 3, 2008, 7:35am   #55
 
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DaxDestroyer started this thread Yesterday, I read something quite interesting

READ that ... sounds stupid, BUT is it??? I got this in an email, I think it's a great idea.... I ' m against the $85,000,000,000.00 bailout of AIG. Instead, I ' m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend. To make the math simple, let ' s assume there are 200,000,000 bonafide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..; So divide 200 million adults 18+ into $85 billion that equals $425,000.00. My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend. Of course, it would NOT be tax free. So let ' s assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam. But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000.00. What would you do with $297,500.00 to $595,000.00 in your family? Pay off your mortgage - housing crisis solved. Repay college loans - what a great boost to new grads Put away money for college - it ' ll be there Save in a bank - create money to loan to entrepreneurs. Buy a new car - create jobs Invest in the market - capital drives growth Pay for your parent ' s medical insurance - health care improves Enable Deadbeat Dads to come clean - or else Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces. If we ' re going to re-distribute wealth let ' s really do it...instead of trickling out a puny $1000.00 ( 'vote buy' ) economic incentive that is being proposed by one of our candidates for President. If we ' re going to do an $85 billion bailout, let ' s bail out every adult U S Citizen 18+! As for AIG - liquidate it. Sell off its parts. Let American General go back to being American General. Sell off the real estate. Let the private sector bargain hunters cut it up and clean it up. Here ' s my rationale. We deserve it and AIG doesn ' t. Sure it ' s a crazy idea that can 'never work.' But can you imagine the Coast-To-Coast Block Party! How do you spell Economic Boom? I trust my fellow adult Americans to know how to use the $85 Billion We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC . And remember, The Family plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam. Ahhh...I feel so much better getting that off my chest. This would eliminate the need for the additional $700 BILLION, or we could just use the same philosophy for that and make all of us instane millionaires!

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Old Oct 3, 2008, 7:43am   #56
Nut
Joined May 2006
Originally Posted by BSD
Haha, der ist gut.

Oder, wie man auf Bayerisch sagen würde, guat.



Ah

sie haben regionale akzente in Deutschland, ja. Wunderbar!

But anyways, i wish i knew what Bush just said. Though it doesnt really matter.
__________________
Things, can only get better!









Everybody would like to know what Bush say's. I do know that W.D Gann predicted that the next major turmoil would begin in 2008 and end in 2012 but would be followed by even more turmoil in 2019.

that should cheer everybody up

Cheers and good luck
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