Bad day in market coming

[whalewager]

Might be one of the worst in a while. Today might be a good test of the market bottom or not...

Employment data and GM news...

If the market has reached a bottom...losses won't be so bad...

If it hasn't...bye bye gains in the last month

 

[SSI]

i think a 300pt down day is possible, maybe 400 but 750 on the SP should hold it for a while..

were still trapped from 750-850, as for near term direction...

market sentiment is turning back bearish however..

i stay neutral and try to have no long term outlook..

SSI

 

[whalewager]

Just need some decent news...

At this point, I don't know what its going to be.

 

[SSI]

just watch the charts whale....

750 then bounce...

then, who knows

SSI

 

[whalewager]

Don't worry, I watch them constantly. While driving too.

 

[whalewager]

Down over 100 at open...hang on

 

[festeringZit]

DOW is up...


BREAKING
NEWS
U.S. stocks erase losses as manufacturing, home sale reports top forecasts. More soon.

 

[whalewager]

Market always amazes me. Maybe we have seen close to a bottom. If we see good news come from this g20 summit...maybe we see another good boost

 

[SSI]

this is why, you stay neutral and go with the market... it will almost always amaze you..

SSI

 

[whalewager]

very surprising