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Old 10-10-2008, 07:03 PM
  #1    
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Default I'm Calling The Bottom

It will happen before the end of next week, about midday. Valuation of the Dow will hit 7440-ish and that will be it.

Prepare to buy.

And PM me for a numbered account where you can send a portion of yer profits, this time next year.


Big Al
Dow Theory? Exactly, my son, exactly.
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Old 10-10-2008, 07:14 PM
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Default RE: I'm Calling The Bottom

I just called the same thing in another thread here Al, but saw today's intraday low as 'bottom'. We'll see your numbers, but perhaps not as a close?

If we're both wrong, well, good, I like the company

I like the new sig too. Tell you what, when we get back to 11500? I'll send you a bottle of Sapphire to mark the halfway point to a new record ceiling. Heck, if you're going to be Bullish, go large.

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Old 10-10-2008, 07:20 PM
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Default Re: I'm Calling The Bottom

If you guys are correct I missed the bottom and will be out of the market for one whole week on a fishing vacation in the boonies, no way to buy stock except by phone which triples the commission.

Oh well, wish me luck on the fishing.



Ray, Tennessee 2180DLX Carolina Skiff 90HP Honda
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Old 10-10-2008, 07:22 PM
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Default RE: I'm Calling The Bottom

Doug,

Nope, the low will not be a close. My 1977 year model TI calculator is telling me that Thursday will likely be the day.

I am looking forward to the Bombay Sapphire, sir.


Big Al
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Old 10-10-2008, 07:23 PM
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Default Re: I'm Calling The Bottom

Quote:
rayteagarden1 - 10/10/2008 5:20 PM

If you guys are correct I missed the bottom and will be out of the market for one whole week on a fishing vacation in the boonies, no way to buy stock except by phone which triples the commission.

Oh well, wish me luck on the fishing.



Ray, Tennessee 2180DLX Carolina Skiff 90HP Honda
Ray,

Send me 100 grand and I'll make sure you get in. No commission, just remember about the numbered account.

I'm serious about the bottom.


Big Al
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Old 10-10-2008, 07:41 PM
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Default RE: I'm Calling The Bottom

Makes you wonder what General Motors at about $4.50 today will look like in five years. I told my wife to open an E-trade account and buy $20,000 worth. She didn't do it so we laughed and said OK let's just see where it ends up.
We always do this, make no money, lose no money, and we will die not rich or broke.
John Gov.
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Old 10-10-2008, 07:43 PM
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Default RE: I'm Calling The Bottom

I think 7,430 is a better number. Let's make a wager on who is closer to the bottom.
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Old 10-10-2008, 07:45 PM
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Default RE: I'm Calling The Bottom

Quote:
Tireless - 10/10/2008 5:43 PM

I think 7,430 is a better number. Let's make a wager on who is closer to the bottom.
Yer right, it is a better number, but we won't see it.

I'll bet you 1000 shares of Enron, deal?


Big Al
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Old 10-10-2008, 07:50 PM
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Default Re: I'm Calling The Bottom

are you guys talkin about intra day on closing number?
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Old 10-10-2008, 07:53 PM
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Default Re: I'm Calling The Bottom

If you are wrong were headed to 6k. You better be right. I think you're wrong. I hope I am wrong.
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Old 10-10-2008, 07:55 PM
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Default RE: I'm Calling The Bottom

The low will come intra-day.

I am not wrong.


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Old 10-10-2008, 08:00 PM
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Default RE: I'm Calling The Bottom

Quote:
Snapper Head - 10/10/2008 6:55 PM

The low will come intra-day.

I am not wrong.


Big Al
Well I hope so. Just because Paulson said they are going to buy stock in some banks don't mean were out of the woods yet. I did like what I saw today in the market, but still, if we don't see a bottom in the next two weeks were in hell. We could get a nice rally come Monday or Tuesday. I hope so.
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Old 10-10-2008, 08:04 PM
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Default RE: I'm Calling The Bottom

Quote:
Snapper Head - 10/10/2008 9:45 PM

Quote:
Tireless - 10/10/2008 5:43 PM

I think 7,430 is a better number. Let's make a wager on who is closer to the bottom.
Yer right, it is a better number, but we won't see it.

I'll bet you 1000 shares of Enron, deal?


Big Al
Pussy, I'm putting up $50 Dec'09 options on 100,000 shares of Lehman Bros.

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Old 10-10-2008, 08:07 PM
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Default RE: I'm Calling The Bottom

Quote:
shoemaker - 10/10/2008 6:00 PM

Quote:
Snapper Head - 10/10/2008 6:55 PM

The low will come intra-day.

I am not wrong.


Big Al
Well I hope so. Just because Paulson said they are going to buy stock in some banks don't mean were out of the woods yet. I did like what I saw today in the market, but still, if we don't see a bottom in the next two weeks were in hell. We could get a nice rally come Monday or Tuesday. I hope so.
Read my lips and stop yer worrying.


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Old 10-10-2008, 08:11 PM
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Default RE: I'm Calling The Bottom

Quote:
Tireless - 10/10/2008 6:04 PM

Quote:
Snapper Head - 10/10/2008 9:45 PM

Quote:
Tireless - 10/10/2008 5:43 PM

I think 7,430 is a better number. Let's make a wager on who is closer to the bottom.
Yer right, it is a better number, but we won't see it.

I'll bet you 1000 shares of Enron, deal?


Big Al
Pussy, I'm putting up $50 Dec'09 options on 100,000 shares of Lehman Bros.

Are you a player or a poser?
Okay Mr. Hedge Fund manager-guy, but let's make it 500,000 shares. We have to make it worth the effort, right?

Damn, we're gonna be rich.


Big Al
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Old 10-10-2008, 08:13 PM
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Default Re: I'm Calling The Bottom

I predicted the bottom as yesterday and jumped the gun. No worry I was close enough.
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Old 10-10-2008, 08:16 PM
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Default RE: I'm Calling The Bottom

Quote:
shoemaker - 10/10/2008 10:00 PM
Well I hope so. Just because Paulson said they are going to buy stock in some banks don't mean were out of the woods yet. I did like what I saw today in the market, but still, if we don't see a bottom in the next two weeks were in hell. We could get a nice rally come Monday or Tuesday. I hope so.
I think Monday is a federal holiday sm. The Exchange will be open for trading, but the bond market will be closed. Not really sure why, or the mechanics of it, but the traders call it "Scary Halloween", usual trading trends fall to unpredictable swings (gee, what else is new?). Not for nothin' but if Monday falls short in your expectations this might be a psychological way of dismissing it?

Fingers crossed. Think I'm gonna do some Gooooooogling on the G7 meeting. Hopefully those guys are getting some good work done. I've baked in strides there to my 'bottom call'. The UK has made some great calls with their situation; backing loans from banks to other banks without huge government liquidity injections that will just sit on balance sheets. For once I hope the Fed will sit back, shut up, and listen to others. Obviously the US has been too self-righteous as of late (decades) with regard.
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Old 10-10-2008, 08:16 PM
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Default RE: I'm Calling The Bottom

I have AIG working on a "Big Al" credit default swap. Bring it homie.......I am all in.
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Old 10-10-2008, 08:19 PM
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Default Re: I'm Calling The Bottom

Quote:
KJS - 10/10/2008 6:13 PM

I predicted the bottom as yesterday and jumped the gun. No worry I was close enough.
Hay KJS,

Can I borrow a few hundred grand, at zero percent interest?



Big Al
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Old 10-10-2008, 08:21 PM
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Default RE: I'm Calling The Bottom

Quote:
Tireless - 10/10/2008 6:16 PM

I have AIG working on a "Big Al" credit default swap. Bring it homie.......I am all in.
Shall I bring the cigars?


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