SI
SI
discoversearch

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.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Q8 who wrote (111962)10/16/2008 1:46:57 AM
From: energyplay  Read Replies (2) | Respond to of 206183
 
Thanks for the long term chart. The middle of the three blue fan lines (the one that connects to the orange box) probably represents what we will revert too long term.

Short term, we will way overshoot to the low side.

Note that NONE of the 250 Billion for bank preffered stock has moved from the Federal Government yet. It appears that will take a few more days - meanwhile, we see markets in free fall, and some stocks close to book value.

Note that each day we have spikes that go very low, much lower than average.

I am putting in small bids at prices about 20-25% below today's close on about two stocks.

Not a recomendation.