Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (77659)	11/21/2007 6:52:52 AM
From: Real Man	Read Replies (4) \| Respond to of 94695

I'm not buying this. The market is tracking 87 BK, with now being around Oct. 15-16 on that scale. Probabilities are always low, but you can't do anything to your account in a BK environment. So, a very serious short term BK warning. I've put a limit sell on my worthless BK cheap poots I purchased in August with part of profits. If the market does BK, I'll buy some, we are going much higher. The (low) risk is BK of SP500 to 1000 or so, and it's very close in time, now being around Thursday-Friday pre- black Monday. Very unlikely, but.... the damn thing is tracking 87. The pre-BK dip in the dow in 87 was 10%, it was now 11%, and we about broke all 200 DMA lines, which is when the market BK-d in 87. I'm not playing the BK, low probability event, but not buying here either -g-