Waxie rant...;-)...written the night of WCOM news..
You know what? It makes me SICK to my stomach that people are this STUPID.
I'm sorry, but that is the way I see it. Dudes, we are going below 1000 on the Nasdaq
and below 6000 on the DOW. ANYONE who buys here as an investor for more than
a short trade should just give their money to charity. We are NOT GOING TO MAKE
NEW HIGHS EVER AGAIN!
Yes, I said it - EVER!
Not with the stocks that are currently in the indexes, its not possible. 500 years from now
MSFT will never see new highs again - NEVER!
So, instead of talking about bottoms, why don't they just go walk their doggies
and live life and prosper without ripping more and more people off.
WAKE UP PEOPLE!! WAKE THE HELL UP!!
The market is NOT coming back. The economy is SCREWED!
We are heading into a DEPRESSION, not a double dip, but WORSE - MUCH WORSE.
Next to go? REAL ESTATE. You watch, I'm looking to short some builder stocks
cause I feel they have HUGE downside from here. We'll see when we can call
them, but right now for Wednesday its important that you all trail your shorts with
STOPS so you don't get reamed if and when we do bounce. I can't see them not trying
to call this a bottom, they always do, but lets trail suff rather than just cover. Lets see
where we want to go. SET YOUR STOPS and enjoy the Ka-chingos!!! |
