Still on the sidelines.
quote:
JeffHamilton82
posted 9:21a, 10/30/08
There seems to be a lot of excitement by the bulls today, so I don't want to get in there way. I'm not in a real hurry to make a play until after the election.
quote:
JeffHamilton82
posted 3:28p, 10/30/08
Official - no buy here. I'll look around after hours, but worst case the casino opens again tommorrow. I'm really not looking to make any big bets before the election anyway.
quote:
claym711
posted 11:01a, 10/31/08
I won't be selling for a loss. Unless the market turns south this afternoon, I'm holding over the weekend.
I think there is a much bigger chance that the DOW swings back down to around 8500 (taking the rest of the world with it) than it moving above 9,400
JeffHamilton82
posted 11:56a, 10/31/08
Clay - the market may surprise you the first half of next week, but after that I think you're right about it retreating.
JeffHamilton82
posted 12:29p, 10/31/08
bought at $85.80 for a very quick hitter hopefully
JeffHamilton82
posted 2:30p, 10/31/08
sold at $89.12
quote:
claym711
posted 2:44p, 10/31/08
I really don't think the market is going to trend above 9400...
JeffHamilton82
posted 2:53p, 10/31/08
Be careful of "election euphoria". On Wednesday the market could buy irrationally sending the Dow up to 9600-10,000, and then realize the reality of the situation which imo will lead to mostly declines the rest of the year.