Dawggie
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Mon Jan-21-08 06:42 PM
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Looking at extended hours trading and there's a lot of people getting ready to lowball tomorrow. |
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Which is to be expected for extended hours trading. People usually leave buy orders low and sell orders high. But for tomorrow on the 15 stocks I'm looking at the low balling is a helluva a lot more usual than normal.
Tomorrow and the next couple of weeks ought to be interesting. I think it's going to be one "majorly" volatile market until a week after shrub gives his next SOTU speech later this month.
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Blue_In_AK
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Mon Jan-21-08 06:46 PM
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1. The guy managing our IRAs |
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says the market is going to be fucked until after the election.
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CorpGovActivist
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Mon Jan-21-08 06:47 PM
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... make money.
The markets go down, make money.
Then, turn around and put money to good, progressive use.
- Dave
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Ikonoklast
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Mon Jan-21-08 07:03 PM
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3. I'm betting the curbs will be in tomorrow |
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Before lunch.
We are in correction territory already, next stop looks like......owie.
Looking at Bloomberg now, Asia markets looking sickly.
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Dawggie
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Mon Jan-21-08 07:33 PM
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4. Just a week ago I was looking at an Asian MF and I'm glad I held off n/t |
Ikonoklast
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Mon Jan-21-08 07:57 PM
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5. I was doing the same last month |
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Heavily weighted toward China.
Our economy catches the sniffles, China's economy, so heavily dependant on exports with no real domestic market of their own, will be on life support. Things there will get real ugly, real quick.
Been busy with soybeans. Just called a business partner and closed out the position, and will contract harvest beans (Nov. 09) to lock in price before commodities get slammed tomorrow.
We were betting that soy-based bio-diesel would become an even more economically viable alternative to $80 oil, and then it ran to $100. Made that guess look golden.
This credit crisis will only get worse as the Fed keeps trying to stem the tide of bad news from the big houses, killing the value of the dollar as they futilely pump in liquidity, and meanwhile everyone that is able to is dumping commodities to raise cash or lock in gains.
I wonder how hard the privately-held hedge funds are getting hammered, and if they have already appealed to Bernanke and the member banks for relief? That news we'll never hear, I'm sure.
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Dawggie
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Mon Jan-21-08 08:04 PM
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6. Some of the semiconductor stocks look like they might be a good buy... |
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But now that I've said that, they're all going to tank. :)
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DU
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Sat May 11th 2024, 01:31 PM
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