| Another crazy day ahead. |
| Awesome. |
You think that's good news? |
Not PP, but if I had to say, I would guess that was sarcasm. |
| ^^Sarcasm |
pp here. For me, yes. I've been sitting on cash for a while waiting for a buying opp. |
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I'm sitting on cash too. But had the hunch to preserve earnings last Tues or Wed because of changes ahead.
Most of us are still up ahead of where we were a few months ago. I'm thinking of rebalancing soon. |
| S&P futures only down 0.91% near 1 am and Dow future only off 377 or 1.5ish%. Let’s see how it looks before the open. |
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Is this the everything bubble crashing?
Can you imagine TARP in this environment? I don't know that it will happen or be as helpful. Fed is already sitting on make balance sheet so can't buy much more without amplifying risk and rates are already pretty low. If this is 2008 Part Deux, how does it play out |
| Futures up! |
Yes, maybe it's found a bottom. |
Where are you seeing this ? |
Np here. They were up an hour ago. Now down slightly. http://money.cnn.com/data/premarket/ |
| Sell to prevent further losses. When the market recovers to its previous high, buy back in. |
Glad I never followed this advice in 2009! Not only did I hold, but I bought. |