Hey Donny, how are you dealing with your 39% drop since your call here to own America’s Cheapest stocks on 7/15/2008 (DOW was at 10,962 and is at 7800 on my TV right now)?
BLAM!
Skinnej - Where do you think it’ll stop - 5-6k? What if one or all 3 automakers fail and 2.7 million become unemployed? ■■■■ bro, this could be BIG…
BEWARE OF THE MIGHTY THUNDERCHICKENS…COCK-A-FREAKIN-DOODLE DOOOO!
quote:I have no idea... I was really thinking that we were seeing a bottom around 7700-8000 back in October, but yesterday was really scary. I started to buy back in at the bottom of the last crash and I am down a little (thought not as much as I could be). I will probably wait for a while and see what happens.
Originally posted by TRITON225CCSkinnej - Where do you think it’ll stop - 5-6k? What if one or all 3 automakers fail and 2.7 million become unemployed? ■■■■ bro, this could be BIG…
BEWARE OF THE MIGHTY THUNDERCHICKENS…COCK-A-FREAKIN-DOODLE DOOOO!
Also, the biggest thing that I have been wrong about is that I have been expecting some kind of sustained rally for a few weeks, but haven’t seen one. Sure, we’ve surged like 10% in 2 days, but then we drop again the next and that’s not really what I am looking for.
Heck, there have been a lot of signs that we have seen a bottom but after breaking through support yesterday, typically that means we will go even lower (if you believe in the chartology stuff)!!!
I think that the only good news here is that my predicion of gas seeing $1.35 a gallon looks more like a reality.