Tuesday, June 13, 2006
japan implosion- markets play whack a mole
-614drop 14218,, and they may still have another 1000point drop. and we are just getting started. anyway,, do 'buy the dip' when we dont know where the bottom is,, we have some really ugly chart details to work out. and no matter how good your used car salesman is (anal) he cant make a stock go up. instean note what he said are cold hard facts about abc company,, then start accumilating once the dust settles.
right now,, every traders is in 'cash preservation' mode,, and of course cnbc and the whiners are going to blame mr.b. too bad people didnt use the easy credit to correct their own checkbooks instead of going on a shopping spree. no matter,, im sure that $400 ipod compforts them. or that ritzy home with an interest only loan.
message to cramer and the other momo players: sell your pump to the choir,,btw-expect gold and oil to continue dropping for awhile.. wouldnt even surprise me if gold hit 425 and oil 55-50. they too were built on greed/hype/momo
right now,, every traders is in 'cash preservation' mode,, and of course cnbc and the whiners are going to blame mr.b. too bad people didnt use the easy credit to correct their own checkbooks instead of going on a shopping spree. no matter,, im sure that $400 ipod compforts them. or that ritzy home with an interest only loan.
message to cramer and the other momo players: sell your pump to the choir,,btw-expect gold and oil to continue dropping for awhile.. wouldnt even surprise me if gold hit 425 and oil 55-50. they too were built on greed/hype/momo
# posted by tagthatstock @ 2:20 AM 
