Who else is glued to the DOW?

[talisman]

Nice. Mine closed up $2.48 a share. Of course it was down like $1.50 yesterday, but who gives a damn. It's nice being in for the long run and not stressing.

[Captain Crawfish]

Thank you Benny! You the friggin man

[Denny]

It's amazing how the "value" of all these companies can just gain value in under an hour. 600 point swings that fast is ALMOST enough to raise a conspiracy theorist's eyebrow... almost.

[2K2 LS1]

Another day another dollar...

[Denny]

Any bets on the next "crash?"

[mustangguy289]

It's amazing how the "value" of all these companies can just gain value in under an hour. 600 point swings that fast is ALMOST enough to raise a conspiracy theorist's eyebrow... almost.

Hmm like maybe S & P knowing that saying what they did about our credit rating would cause a sharp downfall and then they have insiders buy everything when its low.



Who is S & P anyway and what gives them the right to rate the governments credit.

[momo]

Any bets on the next "crash?"

remember the ridiculous see-saws from 2008 and the final 30 minute rallys?

i forgot. yesterday was nice reminder.

I missed out on 10 cents profit... across 50 contracts! all because i sold 10 mins early.

[mustangguy289]

Damn I lost quite a bit in my 401K on Monday. I had some of it in company stock and some of it in their 2050 model fund. Yesterday Morning I transfered everything into company stock when it was at its low of $60.

Well, I guess the transaction did not go through until midnight and it bought it at $66. I did make half of the losses from Monday back before it purchased it. If our stock gets to $72 today I will be back at break even with my lifetime contributions. For the past few months are stock has hovered from $75 all the way to $85 at the end of last week.

( I have only been contributing for about 6 months and my company just started matching in June).

[Denny]

Hmm like maybe S & P knowing that saying what they did about our credit rating would cause a sharp downfall and then they have insiders buy everything when its low.



Who is S & P anyway and what gives them the right to rate the governments credit.

They are a rating agency that rates companies and governments, recoginzed globally.

remember the ridiculous see-saws from 2008 and the final 30 minute rallys?

i forgot. yesterday was nice reminder.

I missed out on 10 cents profit... across 50 contracts! all because i sold 10 mins early.

Dead cat bounce? LOL

Remember, we still have a negative outlook that will be reviewed within 6 months.

There is a lot of fishy shit going on, but I do believe that the Fed will be injecting a shit ton of money into the markets via brokers to buy the hell out of everything (if they didn't do it yesterday as well).

Just don't look at this as a solid rebound yet.

[momo]

Damn I lost quite a bit in my 401K on Monday. I had some of it in company stock and some of it in their 2050 model fund. Yesterday Morning I transfered everything into company stock when it was at its low of $60.

Well, I guess the transaction did not go through until midnight and it bought it at $66. I did make half of the losses from Monday back before it purchased it. If our stock gets to $72 today I will be back at break even with my lifetime contributions. For the past few months are stock has hovered from $75 all the way to $85 at the end of last week.

( I have only been contributing for about 6 months and my company just started matching in June).

yea, pretty much all company reallocations wont execute until close of business day no matter what time you do them.

it might be better if your company is also a brokerage.

[momo]

Dead cat bounce? LOL

Remember, we still have a negative outlook that will be reviewed within 6 months.

There is a lot of fishy shit going on, but I do believe that the Fed will be injecting a shit ton of money into the markets via brokers to buy the hell out of everything (if they didn't do it yesterday as well).

Just don't look at this as a solid rebound yet.

Oh for sure! I still think the market will trend down.

I love the wild bounces and totally agree. That crap before was fed cash injection and it will be again. There is so much money to be had playing the swing with no research just timing.

I trading calls and puts, I just need to do a better job of it. I can't get impatient like yesterday and miss out on a 300% return again.

[347Mike]

Even during a down trend there are going to be spikes upwards. I removed my buy on IR. Its down 2 dollars this morning and I think the market still has some moving down to go, atleast for this week.

[Broncojohnny]

It is going to go back and forth for a while, probably not as much as what we have seen in the last two days. The next bit of information that comes out will send it pretty strongly in whatever direction...

[mustangguy289]

Looks like everyone who bought late yesterday sold early today.

[2K2 LS1]

Hot potato hot potato lol