Posted by: ll_ll February 5, 2010
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The word of the day: Capitulation!!
Wow, fundamentals are out of the window, the market is so gripped with fear that nothing more matters. I went in some more today **finger-crossed** it will be almost the bottom. GE down 4%, with DOW down 1%? That does not even make any sense. DXY (Dollar index) even up .75%? Just because dollar stinks less than others? They are call it flight to quality, or is it? DOW is down ~9% I think since its high. This might be the bottom or very very close to it!
Wow, fundamentals are out of the window, the market is so gripped with fear that nothing more matters. I went in some more today **finger-crossed** it will be almost the bottom. GE down 4%, with DOW down 1%? That does not even make any sense. DXY (Dollar index) even up .75%? Just because dollar stinks less than others? They are call it flight to quality, or is it? DOW is down ~9% I think since its high. This might be the bottom or very very close to it!