Quote:
Originally Posted by onwebcam
Everyone put in everything they have thinking it can only go up from here. Next crash will wipe out everyone. Between that and the dollar after the news that will come out of the g20. They wanted to get it up because they know it's going to take a big hit after then. My brother-in-law was trying to even talk my sister into selling her paid for Q7 so he could sink all of it in. Luckily she's smarter than that. Next Friday or the following money will tell us our future. It will either be the biggest gain or the biggest loss in history but I'm guessing the later.
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fact is, nobody knows so you're not an exception... it will definitely not go back to 10-14k anytime soon, but to say it will crush and wipe everybody out might not be the smartest thing to say... usually people who say that missed their entering point or got stuck shorting... it had this rally past week not because individuals were buying but huge hedge funds and institutions returning, and they're not stupid... as long as there is no more bad news, unemployment doesn't get worst, oil stays about 50 then market should start forming base around 7000 points