An irreverent look at Wall Street
We're crashing again. Why?
What do you mean 'why'? More people are selling than buying.
let the day shake out before we call it a crash. WSJ is saying the drop is cause home sales dropped. But everyone knew that when the 8k ran out, home sales would drop. so there's reason to poop your pants yet, this may be a good chance to buy low.
crashing? give me a breakCome on the market rallied from 1040 to 1130--it pulled back to 1085 and now its time to buy again and not get to be an alarmist
Oh shit, we're down all day. What happens after the Fed? A crash?
Let me guess... THAT was the bottom LOL
That was the bottom LOL--yes it was if you are a trader you got the bottom of this pullback..heck you got the bottom at 1040, the sale at 1120 and now the buy again at 1085.And you have the trade in the homebuilders here buy them..and check out BUCY--the buy at 50.39 was a good spot to get longI can't believe the bears--every turning point, when they should be covering their hapless shorts, they get emboldened...oh wait--maybe because Cramer said not to buy this morning--LOSER!!!!!!!!
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