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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (56484)	10/24/2008 3:20:55 PM
From: quote 007	Respond to of 57110

thers a guy on ihub thats been pretty right about the market--he's saying were going to at least 685 on the s&p-i think he was saying next week should be a blood bath he;ll be right until he's wrong

To: Jorj X Mckie who wrote (56484)	10/24/2008 3:43:03 PM
From: SmoothSail	Read Replies (2) \| Respond to of 57110

Here's a story I heard: Everybody's in the pool, which raised the water level, and someone yells out, "Hey somebody just peed in the water and it's spreading." Everybody jumped out of the pool except the guy who peed and the one who yelled because he was the farthest away. As soon as they get out of the pool, the water won't go down any further. There's still some people in the pool and they haven't given up yet. I think it's possible for it to keep testing - like that bouncing ball that finally runs out of momentum. (Just wanted to see how many metaphors I could get in the mix.) Look for below 8000 for awhile until everybody gives up and gets out. Then, take Buffet's advice - let the buying begin.