Investors....come in please!

[Pablo]

Originally Posted By: Amkeer
I was hoping for at least a 800 point drop. Hopefully we get it today. We need a massive capitulation to occur.


There are needs and and there are wants.

I got a few cracklow buys in this AM. But not enough....

 

[Amkeer]

When you look at it all it is micro managing. Sometimes it is best to just overlook that and go with the concept that "screaming buys" do not show up very often. Think too much, and you could miss the ride.

 

[GROUCHO MARX]

No posts since 10/25?

 

[Pablo]

Moving to a tax haven.

 

[GROUCHO MARX]

Originally Posted By: Pablo
Moving to a tax haven.


Costa Rico?

 

[Al]

Uncovered shorts destroying the market. I'm staying with commodities. When G.E. and G.M. are destroyed gasoline, natural gas, grains will still exist.

 

[GROUCHO MARX]

Those Yahoo guys are brilliant.

 

[GROUCHO MARX]

Unlike GM, G.E. is still paying a dividend. I haven't looked at their burn rate as far as cash goes, but they aren't a healthcare company disguised as a manufacturing business.

G.E. Capital aside.

 

[Pablo]

I think the only way to make money for a weasel such as myself in this market is to day trade ultra long and short ETF's. With this current cast of greed pigs drooling to get my IRA and 401K, I feel we are doomed. Very doomed.

 

[GROUCHO MARX]

Originally Posted By: Pablo
I think the only way to make money for a weasel such as myself in this market is to day trade ultra long and short ETF's. With this current cast of greed pigs drooling to get my IRA and 401K, I feel we are doomed. Very doomed.



P, we'll always have Paris.

 

[Amkeer]

As expected oil 50-70 and gas here is 2.10. Where does it go now?

We are in some oil service stocks. I do not know if that is a good move at this point. Being that I dislike the oil companies at this point, at least maybe oil services is OK. Oil companies are enemy number one for me.

Seems like things are going as expected so far. That has me nervous.

 

[Amkeer]

Thoughts on GE, DIS? Any? I may just add to the QQQQ.

 

[Pablo]

I haven't studied DIS for a few years. Looks OK at these levels based on Sales + Profit Margins + ROE. Industry's relative strength has been terrible, but maybe due for a rebound.

I went into SAA, UVT, UWM at market close on Thursday.

 

[GROUCHO MARX]

The pyramid is starting to invert. Not enough payers to match beneficiaries.

I don't see a recovery until housing recovers or major investment in new technology (energy?) occurs.

 

[GROUCHO MARX]

Bumper on a bummer.

 

[Pablo]

When and if this pig hits bottom, jump on this: TNA

 

[Barkleymut]

Pablo, looking to bet the house eh? I wouldn't touch that one until Paulson is dead, homes are increasing by 20% a year, and GM is profitable.

 

[Pablo]

You call the bottom and I'm all in!

 

[VeeDubb]

The technical guys are split between 7200 and 6400 being bottom. But then they thought 10000 and 9200 and then 8100 would also be bottoms. So who knows.

All my 401K is going into cash. Then I'll start time averaging in, small doses at a time, once the Dow drops below 7500. This is going to be U shaped at best so I'll have plenty of time to bottom feed.

BTW, this is not your daddy's stock market, though it could be your grand daddy's:

http://1.bp.blogspot.com/_pMscxxELHEg/SS...bears-large.gif

 

[Pablo]

Nice graph. I am going to do nearly the same.....all in under 7500. Yes I will buy TNA as well as others.