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Sell at $100?

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Sell at $100?

Unread postby Cynus » Wed 07 Nov 2007, 11:52:06

So who here plans to sell at $100 and try to buy again on the dip? Or do you think we could hit $120 and up?
One of these now am I too, a fugitive from the gods and a wanderer, at the mercy of raging Strife.
--Empedocles

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Re: Sell at $100?

Unread postby americandream » Wed 07 Nov 2007, 17:45:14

There will be dips along the way to oblivion. Surely you use charts?
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Re: Sell at $100?

Unread postby mark » Wed 07 Nov 2007, 20:17:15

Don't think it will reach $100 on this run; today's action has the mark of a blowoff top. Of course, I would never, ever,sell this market, not even here. The world is too fragile. Any number of things could turn everything tits up, so this is just talk.
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Re: Sell at $100?

Unread postby MrBill » Thu 08 Nov 2007, 05:25:59

Good call, Mark. Gold and oil both topped out yesterday as the euro retreated from $1.4700. At least in the short-term. The S&P 500 and S&P Energy Index (GSPE) really got clobbered yesterday. I hope this is the start of more corrections to come? ; - )
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Re: Sell at $100?

Unread postby bodigami » Thu 08 Nov 2007, 16:50:42

Sell what? oil? are you a producer? do you have shares on an oil corporation?
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