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TheInstitutional
TheInstitutional vip
P&P Score: 98.34   Points: 23.32   Accuracy: 62.96%   Average Pick Score: 9.27   Annual Return: 2.48% (10.49% since 3/4/08)  

TheInstitutional's Blog : We probably will test the lows again!

Date October 14, 2008    Comments Comments (2)    Recommended (261)   
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Wow that last week was just unbeliveble!!!
I think we are going to test the lows again before we have another rally, I lightened my long position today, looking to reenter long after a test of the lows in the next few days.


2 Comment(s):

Author JoeJustJoe     Date October 14, 2008 09:53 Abuse this post Report Abuse
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GOOG move there I-man....the difference betwixt now and the year 2003 is the fact that many of the moneyrunners have already been painfully eliminated. Therefore, we can actually have a "proper" retest of the lows. :-) Back in March 2003 all George W. Bush had to say was "mission accomplished" and the moneyrunners were off n runnin on a 5 year quest to make this country eventually run on a govmint system similar to Venezuela's! LOL Of course the difference is our criminals (Hank Paulson) get put in charge of rectifying the situation whilst we view chittin Chavez as a criminal/terrorist simply becuz he speaks the trooth about George W. Bush. :o 3J
Author JoeCole     Date October 14, 2008 11:11  Edited: October 14, 2008 by JoeCole Abuse this post Report Abuse
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Your blog from SEP 30:

http://www.peopleandpicks.com/index.php?page=blog&action=view_post&id=1854036&user_id=609

Don't take this personal, but relax and don't try to time the market.
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