I bugged the Wallstrip crew to get a feel for the bullishness and they hit the street for a Dow 13,000 show last week. We wanted to know when!
Funny stuff as usual from the citizens. Who knew that a 400 plus point drop in the DOW and a 9 percent decline in China awaited us?
You can’t cry about it, like this loser , you need to keep yourself alert for the opportunities that come along after a selloff like this. Is it the beginning of the end? Is this a pause that refreshes?
For the US, my opinion is this is a pause that refreshes. BUT, I am long and still comfortable with what I own. I am looking to add some Wallstrip stocks and a little Starbucks down here.
The selloff was freaking serious. Period .
The Chairman suggests that the sub-prime debacles of the last few months created this . I mainly agree especially as to this being a selloff related to confidence.
Uber smart Roger writes about who made the big money yesterday – Futures Traders!
Brian takes a look at the Indexes as they stand now and helps map out the possibilities going forward:
So, is 13,000 something that is now years away?