Too early. Wait until nobody is talkning about bottom

The fact that you are still talking about bottom means it is far away from us. It is probably optimistic to say Dow is going to 4000 actually. If we look at the historical data, 2000 is not impossible.

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I am not a good contrary indicator because I always talk -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (674 bytes) () 11/19/2008 postreply 15:07:46

No fear, but why throw away money if you know it's going lower? -mm48- 给 mm48 发送悄悄话 (205 bytes) () 11/19/2008 postreply 15:16:26

If you trade and not hold, yes, you may throw away money -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (891 bytes) () 11/19/2008 postreply 15:25:24

trading is much safer in this market -mm48- 给 mm48 发送悄悄话 (393 bytes) () 11/19/2008 postreply 15:30:38

I want to find 2 or 3 banks that will survive -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (281 bytes) () 11/19/2008 postreply 15:37:28

C may go bankrupt -biglovee- 给 biglovee 发送悄悄话 (0 bytes) () 11/19/2008 postreply 15:52:37

May or may not, C is so cheap, just buy some, a small portion -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 11/19/2008 postreply 15:56:15

all of them can go bankcrupt -mm48- 给 mm48 发送悄悄话 (336 bytes) () 11/19/2008 postreply 15:58:01

I am afraid you may not make any money thinking this way -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (312 bytes) () 11/19/2008 postreply 16:01:18

Then you need to adjust your calculations for risks. -biglovee- 给 biglovee 发送悄悄话 (149 bytes) () 11/19/2008 postreply 16:13:06

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