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  1. #11
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    Hmmmmm seems like a "buy and hold" strategy is required.....

    ooops !!! did i say that dirty word "buy and hold".

  2. #12
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    Just putting a balanced perspective on things , i see a new high around 961.234 on the SP 500 and then a downleg next thursday.
    It will then be referred too in future economic's texts as 'Turd Thursday',the day the markets crashed.


    Last edited by dumbass; 04-06-2009 at 08:06 PM.

  3. #13
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    Quote Originally Posted by dumbass View Post
    Just putting a balanced perspective on things , i see a new high around 961.234 on the SP 500 and then a downleg next thursday.
    It will then be referred too in future economic's texts as 'Turd Thursday',the day the markets crashed.



    Dumbass - can you explain how you come up with your prediction of 'Turd Thursday'?

  4. #14
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    it was the only day of the week that rhymed with turd apart from tuesday.

  5. #15
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    Wave 5 of 5 of C

    Is that the end of a Wave 2 on your count DA?
    Last edited by Xerof; 04-06-2009 at 08:22 PM.

  6. #16
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    i've got it pegged as a wave B.

  7. #17
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    hey i hope nobody is taking the chart too seriously because it could be on the Friday.

  8. #18
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    Quote Originally Posted by dumbass View Post
    hey i hope nobody is taking the chart too seriously because it could be on the Friday.
    Whats? Now you tell me, I ve just leveraged my house 80x using CFD... LOL
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  9. #19
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    Quote Originally Posted by wbosher View Post
    I'm with you. I'll take out another mortgage on the house and pour it all into the market, not too sure which stocks yet but I've got some time to figure that one out.

    I might set my sell order for 1pm to avoid the rush though. It's gonna be a great Chistmas in 2011!!!
    Winner stole my response, but I'll go one better. Sell your house, take the cash and give it all to a KiwiSaver fund manager.

    That way you are guaranteed of making at least one person rich (clue: it won't be you )
    Marriage isn't a word. It's a sentence

  10. #20
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    Hmmm, might have trouble explaining the "we're homeless, honey" part to the wife.

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