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


To: stockycd who wrote (81884)10/12/2008 8:34:03 PM
From: posthumousone2 Recommendations  Read Replies (2) | Respond to of 94695
 
<<but they ain't talking about a rally in my grocery stores. Most people are talking about not being able to retire>>
its interesting to hear other anecdotes...

people i know with secure jobs (for now) want to double down!

so we rally 2000K points from here? all the gloom and talk will be long forgotten.

i am on the sidelines not wanting to get trampled either way...

but logic tells me we are still historically over valued and corrupt.....i cant buy what i dont trust.



To: stockycd who wrote (81884)10/12/2008 8:40:10 PM
From: ggersh  Read Replies (1) | Respond to of 94695
 
"I think the "herd" will sell the gap tomorrow morning only to get their nuts handed to them in a paper sack by the end of the day.."

You are probably right about this, but what has happened that the market should rally, and the bear be over?