Jump to content

Ouch, markets taking the debt downgrade pretty hard


Casper

Recommended Posts

I hardly ever buy stocks anymore since I started buying options. So another buying opportunity today is fine with me. AAPL and GOOG with their large fluctuations are excellent targets for this. I personally think those two will recover rather quickly.

Link to comment
Share on other sites

In perspective, from the decline beginning Oct 2008, and the missing value of interest equal to cost of living increase, the market is currently down at least 30% from where it would have been today. So I guess getting excited about a "one day recovery" isn't going to impress me.

Link to comment
Share on other sites

I just looked at the 2600 pt spread in the Bollinger Bands (technical analysis tool).

That's a 20% spread. Never seen anything like that before...

Not really what I would call stable, nor predictable.

So after two record breaking days this week, what are the odds...

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...