Grrr.....Should I pull out of the stock market?!?!?!

Again,check out TAOL.

Take a flyer on it.

 

Real Shady,
We're down in the mid 25's on ZOLT...just giving you a heads up....probably around our buy ins.It did set a 52 week low...I still feel good,but I thought I owed you a shout out.I have stops around 24.75.That said,I've seen a lot with this stock...thinking we'll see a big buy fairly soon.To be honest I'm probably going to pick up more but you do what your comfortable with.I'm thinking longterm here.


I'm looking at KO right now as there was a buy of 2.3 million shares accompanied by a PR saying Buffet was holding his current position.So,I'm thinking a slight drop and buy.

Hope this finds you well,
Doc

 

I have been up since 5 reading how the the whole economy is doomed, and I look at the futures and they are up. Its one strange animal.

 

Stock futures fluctuate from minute to minute and a overnight trend doesn't always continue to the day session. I personally think the market is going to drop another 10% at the minimum in the next few months.

Today is the big jobs report. So watch out for that. Its going to be volatile.

The reason why this recession is going to be a whole lot worse than its predecessors is that the Fed has no more ammunition left in its arsenal. Unless of course we go down to 0% interest rates.

 

dow transports are still holding up......until they crack, no major recession for now........on the other hand, the fed's machinations are only delaying the inevitable further down the road - complete and utter crumble of the us economy under the weight of its own debt...

 

Out of curiosity, did you pull out of the market?

 

good seeing old threads like this...glad i didn't say anything too dumb lol. :grin: