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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (98517)10/8/2008 3:45:12 PM
From: LTK007  Read Replies (1) | Respond to of 110194
 
i agree, there just is something amiss, i have that "There is something rotten in Denmark" foreboding--aardvark.:)Max



To: Box-By-The-Riviera™ who wrote (98517)10/8/2008 3:46:47 PM
From: Paul Kern  Read Replies (2) | Respond to of 110194
 
I don't know if this is a bottom or not, but there is no law that we need a capitulation day. Sometimes they end with a whimper, not a bang.



To: Box-By-The-Riviera™ who wrote (98517)10/8/2008 10:07:39 PM
From: dave94 Recommendations  Read Replies (1) | Respond to of 110194
 
The dow is not below 8,000 yet. Ok. Seriously, there is a long term down trend that won't stop until the fundamentals change. With gas above $3, everything at the grocery store inflated, the trend is down and should stay down.

Given all this, we should be extremely oversold and due to a bounce up. I don't play with bounces and will watch and wait a while longer.

This does not feel like capitulation; just a fake bottom.