Storko will be buying at market close tomorrow. Storko will be ballin on Monday close.
Sure it can. The circuit breakers go into action on 10, 20, and 30% losses. The market closes for the day when the breakers hit -30%, although if we ever have a daily 30% loss across the board the markets should close for a month. We’re walking on a knife blade right now. Tomorrow is going to be crazy. Huge decline or rally. The market is due for a huge positive correction. As soon as we have some strong upward movement: new shorts will cover, cash from the sidelines will flood in, and redemptions will slow to a stop.
Storko - I like your call! Tomorrow will be brutal, go long at close.
newsuper Wrote: ------------------------------------------------------- > I think we are close to complete capitulation > > my bet is -950 > > Edit - I now think -1200 We may be close to complete capitulation, but who knows! We have seen an increase in volume on the NYSE, ~40% increase over the 200-day moving average. I think we’d have to get back to the 3 Billion shares traded (several weeks ago) range before we see complete capitulation–just my opinion. However, shareholders at our firm have been throwing in the towel left and right lately. I sold 2 shareholders out today 100%–17 stocks for one guy and 27 stocks for another…
TJR Wrote: ------------------------------------------------------- > + or - 100pts Well it ends at 8,451.19 -128.00 (-1.49%) Mr TJR is the winnar
I guess the market just isn’t ready to end this yet. It’s like death by a thousand paper cuts