There are ALWAYS opportunities. There are times when they are harder to perceive and there are times when perceived risk makes the opportunities less enticing.

well we are only 5% off the recent high, so it not that bad yet, but I do have a feeling we going lower.

delete

Looks to me we might breach the psychological 10k mark today (at least intra day).

uutxs said:Looks to me we might breach the psychological 10k mark today (at least intra day).Just wait until we break the psychological 5k mark...and the 4k mark...and the 3k mark

Be happy... you have a front row seat to the collapse of the greatest empire the world has ever known.

Something to tell your grandkids about

Watch for another big bank to fail soon.

ifyouhavetoask said:uutxs said:Looks to me we might breach the psychological 10k mark today (at least intra day).Just wait until we break the psychological 5k mark...and the 4k mark...and the 3k mark

Be happy... you have a front row seat to the collapse of the greatest empire the world has ever known.

Something to tell your grandkids about

Watch for another big bank to fail soon.

I believe we'll go down - 20% perhaps - but down 50%?

d*amn it, what happened to my ignore?

time for a repost, courtesy of kamalktk:

IYHTA's greatest hits:

Jun. 26, 2008 "$7 gas is coming to America. It's coming soon."

Mar. 31, 2008 "The Fed may keep printing money to give us the illusion of a Dow that's above 10,000, but the real bottom, adjusted for inflation, is going to be in the 2,500 range."

Sep. 17, 2008 "The S&P 500 at 500 is where we should bottom."

Oct. 9, 2008 "At DOW 5,000, acceptabce should roll around."

Oct. 24, 2008 "Dow 5,000 is coming...and then it will fall some more "

Feb. 27, 2009 "Dow 2,000 is on the way."

Apr. 26, 2007 "I am a holder of Euros."

Apr. 12, 2008 "At that point, I can see GE dropping below $5. I'll have a limit order in, waiting for that day"
The order wasn't filled.

May 20 2008, "Look for another 20-30% drop in the dollar over the next year, accompanied by a wave of big bank failures."
http://www.fatwallet.com/forums/finance/708018/m12315576/#m12315...
On 5/20/08, 1 € = $1.57. Today, 1 € = $1.37. FAIL.

Jun. 15, 2008 "they'll be cashing in on $200 oil." (in another thread)
and
Jul. 11, 2008 "Oil will not drop meaningfully until the Iran problem is solved. Either by attack or treaty. There won't be a treaty."
Conveniently enough, oil reached it's all time high of $147.27 during trading on July 11, 2008

Sep. 17, 2008 "I see $1,500-2,000 gold,"
Oct. 7, 2008 "The dollar will soon continue its collapse.... the dollar's downward spiral will continue.
We had a 50% retracement in oil. It's headed back up... well above the previous high of $150... "

Nov. 19, 2008 "Gold will reach a panic-buying situation in 2009, in my opinion. Well over $2,000/oz is my best guess at this point."
and
Feb. 10, 2009 "I'd say you have less than 6 months until the US Treasury defaults."

This is a historic moment we just crossed DOW 10,000 !!

Lol. Every time we cross one way or the other I remember the huge CNBC celebration that followed the first time! Oh the millions that could have been made shorting the Dow every time it went above 10,000 and going long every time it went below....