Big Wet's Stock Talk 9-15-09

9-15-09 market anaysis and chart analysis

Category:

News & Politics

Tags:

• stocks
• stock charts
• chart analysis
• stock market

[uckfayu]

Hey Big Wet,  What do you think about today's action? Interesting huh?Are your still in it or did you bail? I'm still in as you know, looking for a big down day tomorrow.

[Bigwet72]

Still holding and feeling alot more confident this is the top. Hold tight. Next few days gonna be real interesting. Good Luck

[uckfayu]

Hey Big Wet, Pretty disgusting huh? A nightmare 100%. Did you get out? I'm still in and now down close to 65%.

[Bigwet72]

Still hangin, 9794 is it though. I am preparing to bail. Will regret it in 6 months. I know that for sure.probably will surge in the morbing past this resistance then plunge. I will hold threw that, but if it pushes higher friday to I will be out. Crazy how I want to buy 2000 shares of srs right now. Good Luck

[wawbwc]

BW72. Watch, after you pull out, BAM. You're the BigDog Bear. If they can take you down. They can take everyone down. Even the pay sites are questioning their ability to predict this market. Elliott Wavers, Technical Indicator timers, Instututional Monitoring. All of them are wimpering. Fools have been made out of most everybody. You watch, when things turn. The diehard Bulls will have their turn under the gun. Because, if you rode this rally out. You will be too bull headed to make a sell.

[Bigwet72]

Nice comment, I agree if they drop the market 500 in on day he who didn't sell at these levels for sure won't sell hoping for a rebound again. I am not a full bear, but like to read the pull backs and got hammered this time.Like I said I should have held some longs when I sarted going short. This is something the market or the world has never encountered. I Should of known better. Good Luck

[webozzy21]

BigWet, I'm shocked to hear you're still holding your FAZ.  You should watch

IraEpsteinFutures mid-day market analysis for today (on youTube). He talks about stocktastics being "embedded" which is super-bullish.

We're probably going higher before another pullback.

You should have used a stop loss when you were 10% under, you need to improve your money management discipline.

Keep the videos coming, I dig them even if I don't always agree.

Good luck bro.

[uckfayu]

Makes sense to me. I hear you about the SRS. I have 200 shares now that I bought at $19 and now its at $9, the problem is that I'm all in and have no money to buy more. I just recent;ly bought TYP and SKF and am now down 8% on each. Lets see a pullback before the week is out, we deserve it.

[tickhound]

Everyone is spending all their dollars while they're still worth something...

How far is our government prepared to sink the dollar to keep this market rally going? How low do our creditors permit the dollar to sink before they pull the plug?

China is telling its citizens to buy gold and silver... While we tell ours to sell gold for depreciating paper. Its like a modern day gold confiscation.

It won't be long before buying stocks comes with a money back guarantee.

[RVAspeculator]

I thought about buying some FAZ in the 1's today for the first time since I sold in the 5's but could not pull the trigger.

Maybe thats another indicator.