Dont be long on anything in this mkt. Ask yourself, do you think you'll see 11,500 before
14,000.... what would bring the mkt up to 14K... ???? I know of nothing. There are too
many what ifs to the bad side and no possible positive that would negate the negitive...
Anyone remember when inflation started to climb and the fed RAISED rates..(which is the
correct thing to do).... believe me, I'm a very bullish person but told everyone I know to
get out at 13500 dow.... I think we're going to see a 500pt down day soon....
No analysis/comentator/expert/etc has given the opinion that we are "corrected"...
"oversold" has been the word used short term.... not "corrected"... I think when all is
said and done... 11,500 will be the # when everyone says enough is enough... we've had the
correction... it's going to be flat trading for a year now...back in 99 the market went
down over 13% in two months... I think we are seeing the beginning of that finally... I'm
90% cash waiting for 11.5k

stay away from the hype...my short is getting shorter, speculation pick headed higher,
short term investment pick headed higher, long term investment appears to have bottomed
(bought on dips and is main reason I'm in the red)

The Dow is still up around 3% for the year, despite all the mess in financial.
We probably see another 3 - 4 % drop in the next few months to fully factor the financial
mess in the stock prices.

rally before it gets really ugly? I don't know, but it will get real ugly. This is not a
market to go long

We are so oversold but it doesnt feel like we are that much oversold.....or is it just
me?
August felt much worse than now
That's why i believe the people that say we are not done going down
Everytime we rally from an oversold state it lacks conviction and it feels to me that
there are to many weak dip-buyers in the market everyday
I sold into the bounce today and i am not buying anything longterm untill we get a
armageddon-like downday but something tells me we are just going to keep ticking lower
with some weak rallies inbetween....this is definitely a market for trading

to those who panic and sell, i say keep selling. this is creating bargains in the
marketplace that we haven't seen for over a year with the way the first half of 2007 went.
sure some of the stuff i have is down 5% or more right now, but just look at the market,
everything short of an apocalyptic collapse (which despite the media and those brokers who
didn't take their meds today think, it isn't coming) has been priced in. maybe there's
another 5-10% out there to fall, but after that, i'm on no matter what because when it
goes up, its going up as big as it went down. so i say pound away, pound these prices
deep into the discount bin. i'll be there waiting.

We only have ourselves to blame, any news or rumor and people panic and sell off.Market is
so oversold, but we have let the financials ruin the whole market. Market reporters don't
help, they have to pound it in the ground.