Stock Market

[dalakhani]

Originally Posted by MaTH716

Down huge on the opening, and made gigantic rally to the plus side. Unfortunatley I am guessing that anyone who did buy on the opening is already out. Going into the weekend (actually Monday is Columbus day, markets are open, not sure about banks) would you really want to be long? Who knows who might go out of buisness this weekend. Unfortunatley I think we will be down big again. As I type this it is down -393.16 and going lower.

You would have to be some kind of f.u.kc.ing maniac to wake up this morning, see what happened to the rest of the world and decide that today would be a good day to go long on anything.

Nothing is safe except for maybe gold and do you really want to buy into gold at 915?

Again, this is a market where even treasuries and blue chips arent safe because everyone is hoarding cash.

We need one big giant butt kicking before it is safe to call a bottom. One final cataclysmic capitulation.