Dow Jones down again, page 1
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ATS Members have flagged this thread 2 times


reply posted on 14-10-2008 @ 01:01 PM by KaginD
reply to post by GoalPoster



I saw someone post something like that yesterday.. People just never learn. Like I said yesterday.. Fool me once, shame on you. Fool me twice, shame on me. I will never assume anything again with this market..


reply posted on 14-10-2008 @ 01:04 PM by KaginD
reply to post by Mainer



Usually 2pm marks the sell off stage. Thats when we tend to see the market take a nose dive. I don't know to much about why they wait till 2pm though. Can anyone help me out with that one



reply posted on 14-10-2008 @ 01:06 PM by GoalPoster
Originally posted by KaginD
reply to
post by Mainer



Usually 2pm marks the sell off stage. Thats when we tend to see the market take a nose dive. I don't know to much about why they wait till 2pm though. Can anyone help me out with that one


By that time, they've cleaned out the suckers and start selling off like mad to take their profits for the day, leaving the aforementioned 'suckers' holding devalued piles of pooh.


reply posted on 14-10-2008 @ 01:33 PM by GoalPoster
reply to post by KaginD



If you look at the active stocks, the winners and the losers, it is easy to see that the ones making the largest gains today, and ensuring the DOW doesn't tank completely are the ones benefitting from the governement's injection of capital.

Without government interference . . . er . . . buddy bailouts . . . er . . . economic revitalization initiatives you'd be looking at a bleak day across the board.


reply posted on 14-10-2008 @ 01:40 PM by tide88
Originally posted by KaginD
reply to
post by GoalPoster



I saw someone post something like that yesterday.. People just never learn. Like I said yesterday.. Fool me once, shame on you. Fool me twice, shame on me. I will never assume anything again with this market..

Yes, I posted yesterday that the dow was up 900+ points and no where in my post did I say everything was back to normal. I was simply pointing out some good news. I even stated that I would be curious to see where is ends up at the end of the week or even the end of the month. If the dow falls only a couple hundred today that would be good news. Now if it falls 500+ that is bad. We are looking at trying to get market stability back and we are a long way away from that. We have earnings, job reports and housing reports in the next three weeks. All of which are going to be bad. However any wy you look at it the dow rising 900+ points was good. There is nothing bad with a little optimism. This board can definatly use it.



reply posted on 14-10-2008 @ 01:43 PM by KaginD
reply to post by tide88



Wow. Relax. I wasn't talking about a TREAD. I was talking about a response to a thread that was posted. Try not to put a target on your own back.


reply posted on 14-10-2008 @ 01:56 PM by tide88
Originally posted by KaginD
reply to
post by tide88



Wow. Relax. I wasn't talking about a TREAD. I was talking about a response to a thread that was posted. Try not to put a target on your own back.

It doesnt matter. The market will probably lose 500+ today. So much for my optimism. Good thing I am not currently in the market. Talk about unstable. BTW, I am very relaxed and was mearly pointing out that I was one of those involved in saying the market was up, blah blah blah.. I am not posting anything positive for awhile anymore.


reply posted on 14-10-2008 @ 02:01 PM by KaginD
reply to post by tide88



I'm sorry, I didn't mean to come off that way. Please, positive is one of the things that everyone needs lol. Post away. Sorry again, I didn't mean it the way it came off. I didn't even realize what it sounded like till I just read it.
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