Use access key #2 to skip to page content.

awallejr (80.10)

Capitulation Coming?

Recs

2

October 09, 2008 – Comments (6)

One of the concerns I had about calling a bottom was the lack of volume.  Well it is there now.  And you have VIX making record highs.  Either or both Friday and Monday are going to be ugly I suspect. You are about to see prices on stocks at mindboggling lows.  I still have 50% cash just waiting to jump in. I just don't want to be the ONLY one ;p

6 Comments – Post Your Own

#1) On October 09, 2008 at 7:04 PM, TDRH (99.85) wrote:

Have not seen much movement in gold yet?   Thought it would be running.

Report this comment
#2) On October 09, 2008 at 7:05 PM, barich1 (58.12) wrote:

I'm pretty sure Friday is going to be ugly, I predict -678.91 on the dow.

Report this comment
#3) On October 09, 2008 at 8:19 PM, jerryguru69 (93.36) wrote:

Sorry, capitulation nowhere in sight. You are correct: trading volume is way too low. No one really knows how low we can go before capitulation.

Report this comment
#4) On October 09, 2008 at 9:25 PM, Imperial1964 (97.93) wrote:

There's no buyers. The only place the market can go is lower when faced with massive fund redemptions and liquidations.

Report this comment
#5) On October 10, 2008 at 1:11 AM, awallejr (80.10) wrote:

I dunno the volume has been there now.  It's those redemptions and liquidations that still concern me.  Margin calls can get ugly too. But one thing we ALL know, there IS a bottom somewhere. 

Report this comment
#6) On June 25, 2010 at 5:46 AM, shirtly (< 20) wrote:

Authentic lv handbags are at the forefront of woman handbagtrendy and fashion. New cheap lv bags may take a good help to achieve your dream. cheap lv handbags is a luxury casting its glory.The most popular styles of lv designer handbags still feature quilted leather styles that display the lv logo.Lv handbags on sale With heavy influence from luxury styles and runway fashion, their discount lv handbags trends are always chic and unique.

Report this comment

Featured Broker Partners


Advertisement