This market blows

[mrmarket]

just an observation...

[mrmarket]

from someone who is 100% invested...and long.

[Lyehopper]

from someone who is 100% invested...and long.

Sell everything and buy GEHL....

[Lyehopper]

Bennie!!!! where are you?

This is appropriate in light of today's market action....

http://www.youtube.com/watch?v=ipJTqCbETog&eurl=&watch2

[Jim Smith]

my first post may have been lost,,,,,,,The nasdaq comp is sitting on the trendline going all the way back to October 2002.....a 50% retracement from the beginning of the rally from 2002 is 1742 on the comp.....theres' support at 1750 from August 2004.....that's where I think the Comp is going by election day.

[Websman]

Why be long when you can short just as easily? Let's all drive the market down together. Hey...It'll be fun!

[IIC]

Think of this correction as the "Embryo of Opportunity"...IIC

[sisterwin2]

Think of this correction as the "Embryo of Opportunity"...IIC

yea...... for which stock.. MFLX ADM MGPI..... any of these look like they may recover in the next two months?

[sisterwin2]

or were you talking more like "learning experience" hehehe

[sisterwin2]

Why be long when you can short just as easily? Let's all drive the market down together. Hey...It'll be fun!

I need someone to walk me thru it step by step.. interested?

[DSteckler]

Why be long when you can short just as easily?

Not in an IRA account.

[Websman]

Not in an IRA account.

Good point. I have an IRA type account as well as my regular brokerage account. I'll be leaving it in cash for now.

[IIC]

yea...... for which stock.. MFLX ADM MGPI..... any of these look like they may recover in the next two months?

Possibly...But as far as I'm concerned it is too early to tell which groups will lead whenever the market turns back up. If this correction, which so far is extremely short(even though it may not feel like it), lasts for a while then there may be a good chance that new leaders and new leading groups may emerge. Some strong ones will probably come back and some probably won't. One thing though, if this correction is prolonged I hope people don't get hung up on past leaders thinking that just because they led before that they will do so again...Doesn't necessarily happen that way...However, in a week and a half I simply call this a little correction so far...Is it the start of a major correction???...I have no idea...Just food for thought...Doug(IIC)

[dmk112]

This market blows huuuuuuge hairy CNB!!!

[sowersnc]

So are we at the point we were back in early 2000 were the fed will raise rates until they see the economy/earnings break? How long does it take the housing slow down to affect other segements?