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  • hoootie05 hoootie05 Jan 7, 2005 5:57 PM Flag

    Awful Awful Market


    What a way to start the New Year.

    I think we have a oversold conditions here lot of the technicals on the stocks have been broken. I think we go up next week but for how long is anybodys guess. It is good time for US to catch Bin Laden to overcome this technical bullshi t.

    I'm getting frustrated here.


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    • Market not looking good for the start of Jan. I thought it was going to fade out after Dec. 31st given the straight run we had.Fingers crossed that its just a temp. correction to get healthy for the next phase upward.I am wondering about how the proposed Social Security reforms may impact the market if they let us invest part of it in the market?How are the safeguards against naked shorting and whatever else may be going on behind the scenes?

      • 1 Reply to bullonplus
      • A correction was in the coming. Several analysts felt the market was too high in the beginning of December, and it went up from there.

        Markets may still be a little pricey, but indvidual stocks may excel.

        I shorted SIRI Friday morning. I've held ASTM since last year. And I appraently will hold USTT till the cows come home. 8*)


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