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timber

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Posted: #1
 
Legend
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Posted: #2
Yeah, wow.  Brutal.
 
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Posted: #3
Well I think they hit some circuit breaker because they are starting to come back a bit.

Lets see if they retest the lows and go lower..if so it could be a -500 kind of day, if not I would expect a sharp move higher on short covering.
 
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Posted: #4
500 i doubt what wouldnt be surprised.  i want to see the down below 10000 by years end
 
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Posted: #5
With unemployment numbers due tomorrow morning...it wouldn't shock me if for some reason the market went up tomorrow 225 points.
 
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Posted: #6
Quote Originally Posted by wallstreetcappers:

Well I think they hit some circuit breaker because they are starting to come back a bit.

Lets see if they retest the lows and go lower..if so it could be a -500 kind of day, if not I would expect a sharp move higher on short covering.


good call
 
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Posted: #7
seems to me the market is gonna keep goin down till oct atleast. imo

gonna start selling some small investments 

 
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Posted: #8
the down went from +100 to -50 in the matter of minutes. 
 
Covers Linesmen
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Posted: #9
I would say odds are they finish green today..
 
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Posted: #10
i doubt green but cramer said yesterday if the dow opens up big with the employment and the sell offs happens right away then "its over for the market" might be the smartest thing this man has said in a long time
 
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Posted: #11
They are whipping this sucker all over the place..

Down 20, down 100, down 30, down 90.

Wild, thin, summer trading right here..
 
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Posted: #12
Well like the bud light commercials says " here we go" im waiting for the selloff to continue on Monday after more bad news come from europe
 
Covers Linesmen
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Posted: #13
And they take it positive 100.

Who knows the close, but given the news from the EU I doubt they close it negative.
 
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Posted: #14
How is the outlook next week with the downgrade
 
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Posted: #15
i cannot believe faz is up today 17 percent and eev 12 percent and tza 12 percent. should i sell some of my position now and buy again later or just hold it till end of the year
 
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Posted: #16
FAZ is up about 20% right now..

I am not selling it at all, rather enjoying the move that I've been waiting on a long long time.

Now if you have a big return in it and want to take some off the table, its up a double off the lows.

Ive placed a few limit orders on some stocks I like, still a tiny bit away but if I catch them I will be happy..
 
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Posted: #17
yeah wallstreetcappers seems like you are the only one here with a head on its shoulders. what is your take on MCP? i really like this stock wanted to get in around 48 but now im thinking around 38 range? maybe even lower. the way its going we will see the dow ar 8000 again this year. if thats so i will just wait and hold on to these stocks i own. i been waiting for 2 years for the market to crash again.  times are good now
 
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Posted: #18
MCP,

Is this some sort of chinese reverse merger company?

Check out a 2 yr chart, looks like a MAJOR head and shoulders forming..shoulder in Jan, head in May, shoulder now. 

Also looks like a triple top with higher lows, that was your only saving grace in the near term until today..it made a lower low and technically next stop would be the high 30s.

They are selling at massive multiples, what makes you like them? 
 
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Posted: #19
they mine for precious metals and minerals.  i think i will let this dow crash a bit more before i buy into any stocks.  the only two stocks wortha  dam is google and apple.  but how does up 27,8 percent today sound? i never thought it would be up this much but hey it can be up to several hundred dollars soon once this market corrects it self
 
 
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Posted: #20
just sold my position on tza.  i am looking to find avl, mcp, mmr, or hk in a couple months once the dow falls several hundred more points.  what do you guys think?
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