Wednesday, October 8, 2008
FED Intervenes! I Wish They Would Have Waited And Do It Mid Day
WARNING! Market DOES NOT bottom in this manner. Do Not GO buying stocks on this Global Rate Cut. I repeat: We are NOT out of the woods yet. Markets need to selloff more and washout even more.
Prediction: We Drop To 8500 On The DOW TODAY!
That's almost 1000 pts. GOOG to hit $300 and financials to completely get taken to the cleaners. It needs to happens folks. This time, let's hope volume is HUGE.
Tuesday, October 7, 2008
Futures Pointing To Yet Another Crash Open
But this time, i'll be eying long positions. not shorts. Disclaimer: I can change my mind on a dime and will have no problem scratching my longs and going short if i am wrong. This is not a time to be stubborn. You better be quick or be dead.
All Eyes On Dem Financials Tomorrow
With The SEC's NO Short Ban to be lifted tmrw. Watch out! This sector will be on top of my watchlist.
Monday, October 6, 2008
I Have Feeling
The Fed will not stay quite for much longer. They will not allow these markets to free fall in this manner for much longer. An emergency rate cut is in the works, you can be assured.
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