Open Question

So let me guess.. Yesterday now goes down as the greatest fake out in the
history of the stock market? What is a someone sitting in cash supposed to do
now, chase a 350 pt rally?

Asked by flyers44 1 month ago - 11 answers - 136 views
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There was a mention of inverse ETF in this post. I was thinking that too. TWM

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This market has no memory, today is a new day.
Those who panicked out yesterday feel like fools and rightly so.

Answered by TA_ - Bookmark this User - Ignore this user
1 months ago - Report Abuse

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IMHO...
no need to "do" anything...
I dont see any reason to be in a hurry...
but if you have to do something...
I'd be selling anything that is underperforming...
also,I read online...there are rumors flying around about an emergency rate cut
in Europe...
who knows???

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i think everyday is its own day,, i was wrong about today im lookin at tomarrow,
so im lookin at gld, right now, for tomarrow,,in some aspects this is an
emotional spike,,i was wrong about today, but i didnt loose anything,,,

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buy the short etfs.

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the markets not still down 400 pts(counting yesterday's losses) just the djia is
still down 400...but if your going to think like that you might as well
say....the djia is still up 1000 pts from yesterday plus 5 yrs ago....so the
market is still ahead. my part as a member in the market is...wow only $1 below
djia...that never happened before! but i'm still down 800pts from yesterday or
am i since i've dumped some of my holdings do i calculate yesterdays performance
with todays or do i separate it out?

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no do not chase this fake rally of hope ,almost every crash is followed by huge
rebound followed by another small crash and so on.`its all crazy big moves going
on now .trading it can make u sweet cash if u hit it just right

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Fakeout? I saw this dead cat bounce before open today in early morning from the
futures. If the market goes up then sell. If it goes down them start buying.
People sitting on the side with $ should not chase. In fact keep their powder
dry.

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yes, but youre supposed to trade other people's emotion, cause thats where the
money is at in this type of enviroment.chris

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If you're bullish (I'm not)the market is still down over 400 pts from yesterday.

Answered by AMZII - Bookmark this User - Ignore this user
1 months ago - Report Abuse

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