Believe it: Dow's best week since 2003! - Page 2 - Mercedes-Benz Forum

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post #11 of 13 (permalink) Old 10-19-2008, 08:36 AM
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Originally Posted by Jayhawk View Post
Consistency is good...
"A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines." -- Ralph Waldo Emerson
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post #12 of 13 (permalink) Old 10-19-2008, 08:21 PM
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Originally Posted by daisound View Post
Drew & Jay is bull and shane & mcbear is bear, but hopefully none of you is pig. Mad money-Jim Crammer said Bull & Bear make money but pig get slaughter. However, I am on the side of Drew, this is the intermediate bottom. The gap from 10K to 8300 has not been filled. Some time next week if one major DOW component make a good earning report in Q3, Dow will goes back to 10K. Then Shane and mcbear should start selling again.
On days I play, I buy around 8 and sell by noon on the US market. Afternoons are too unpredictable. It has kept me out of too much trouble. I don't keep anything "weeks". Much better growth in day slices.


Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
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post #13 of 13 (permalink) Old 10-19-2008, 10:03 PM
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.vix is so high now. It is always smart to keep the profit. Anytime your return get more than 10% even in few hours, just sell out. But I still think the .vix wil come down before the election and DOW will fill the gap.

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