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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (32395)10/9/2008 11:40:20 PM
From: Jimbo Cobb  Respond to of 78634
 
>> On any significant bounce, I have my list of stocks for sale and may even consider selling some of my recent purchases for a quick gain.

I've been waiting 7 days for that "significant bounce" !!!! :)

Best opportunity may be Monday or Tuesday....tomorrow will be interesting, but I wouldn't expect a reversal day on a Friday, although we are so oversold at this point, who knows...Art Cashen wants to see the washout and then rebound and large volume reversal, close near the highs of the day.....surely we are close to being there, short-term at least....longer-term, looks like nothing but global gloom-and-doom at this point....whoever wins the election will probably be wishing he had lost within a few months of being President..... :)