Posts by Iowa Cyclone

No I didn't trade the index. I almost threw some 401k money into a NASDAQ index fund yesterday but got scared so didn't. I have money in AAPL 184.00 since yesterday and have been averaging down whenever it touches the lower bound of...

Quote: Originally Posted by mcichocki Or does it? Yes it has to bounce sometime. Investors/speculators love to think they have called a bottom or are in at a bottom. Their buying draws in more people and...

I don't see it as bait but a bounce opportunity. I'm watching the technical indicators in the market which are showing oversold and I can't be the only one doing that. 4-5 down days in a row has got to lead to a bounce sometime right?

3% on a bunch of short covering? I don't think that is likely. Due to my "herd" theory though if eveyone thinks a bunch of short covering is going to raise the markets then their buying to get in on the action WILL raise it. ...

Well the falling wedge theory does explain the run up prior to close yesterday.

Quote: Originally Posted by lightwaves seems like the EOD was painted. ^I'm with you on this one. But hell what do I know. I've been playing games / studying for finals for the last few hours. Retail Sales to...

Quote: Originally Posted by Hiraeth The talking heads on MSNBC were ridiculous yesterday, followed by Cramer sucking the helium out of about eight or nine balloons. I'm angry I missed that! Do you have a link?

Quote: Originally Posted by chan Remember the panic sellers gave up good positions @ a discount to somebody else. Yes they did. Thanks to everyone here for warning me for a possible fall after the FOMC...

I don't know what to think right now so I am sitting in cash. Either way its going to be wild.

$COMPX getting close to resistance. Anyone care to put down predictions? I say bounce off but stay close in the neighborhood.