I got BP at 42 today. Riding that motherfuc.ker longterm.

I have been sitting on the sidelines.
Cowering.

I just bought:

Teldar Paper,Anacot Steel & Bluestar

Blue horseshoe loves Anacot Steel!

Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents, each earning over 200 thousand dollars a year.

:D I love that movie

I bought Bank of America, Ford, GE and Target on Thursday ... :)

Congrats Cajun. You were right and I was wrong. I still think it might go lower, but if you sold now you would be making the bucks.

Cheers!

You could be right ... could definitely go lower. Who knows. My head is spinning from the past couple of months. I just want things to return to some sort of normalcy (if that exists.) LOL

Looking like another bloodbath. Hopefully we get some sort of rally today.

I was just about to post something. Limit down on futures.

Okay, bright sides. Dollar strengthening and oil getting killed. Beyond that...

Nasdaq opens at about 7% down.

This is going to be ugly.

Now the market jumps almost 1000 pts...for no reason.

They will be talking about these last two months for centuries.

Nothing happens for no reason.

Yeah, of course not. Everyone knows the fed is going to loosen another 50 bps and after the last couple of days, obviously there were some shorts to cover...and then come the lemmings and voila...bear market rally.

Its recession time.
Its just hard to figure if the market has adequately
assessed the recession severity. I think we go down more.
These job loses and companies closing are not tangible enough
yet.

That's quite a rally. Election is a week away.

rate cut tom. let's see how much the kick the sh!t out of it this week:o

and for the record, i wouldn't put too much faith in todays rally. Anyone remember what happened 2 weeks ago? highest ever 1 day gain, gone in 2 days

invest wisely all

-bt-

The swings this market makes is really amazing. But there is so much money on the sideline and once the market gets going in a direction (usually down latley with today being an exception) it is like a freight train. There is no liquidity/resistence so stocks run. I think today is an exception and we will go lower again. Things are still very crappy in the country.

wow. Broke the 8000 barrier again. Down 313 to 7969. Another bounce back before the end of the day? I hope not. All of those gains from a few weeks ago are pretty much gone.