Was it just me that got smoked in the market today?

[Toronto.gal]

And yes, some of my tranches got smoked a lil.

It was about time this thread got updated, LOL.

[Homerhomer]

It was about time this thread got updated, LOL.

Back from the dead lol.

Earnings season is terrible, they are not even meeting revised down estimates.

Sold ITW today, close to 52 week high and I think my only position in the black today, hopefully there will be more pain so I can finally buy stocks I find attractive for the prices I like ;-)

[KaeJS]

And yes, some of my tranches got smoked a lil.

It was about time this thread got updated, LOL.

Good to see my thread is still kickin'!

But... guess who didn't get smoked in the market today?

Yours truly,

[thenegotiator]

Corporate earnings from major manufacturers are coming in lower than expected. Markets are dropping.

Another buying opportunity?

deffinitely

[thenegotiator]

1. Not really lower than expected and not much of a surprise, especially for the multinationals, as for some time, and given the slowing Chinese & global economy, we have been warned that Q3 earnings would not be pretty.

How many times have we read after Q2, that X company cut its forecast for Q3/forecast a Q3 loss/consumers cut spending/, etc., etc., and also, let's not forget the never-ending news coming from your fav. part of the world.

2. What do you think?

i think that it is time to make money.
for every seller there is a buyer

[Jon_Snow]

I frickin' loved today's market... a handful more of these would be enough to get me off my mountainous cash hoard.

[dogcom]

Oil hasn't taken part in the QE and is something that I am now looking at. I think prices are down partly to manipulate the election because if it had spiked it would have been bad for Obama.

[thenegotiator]

oil had a 7.7 dollars drop in 4 days........
it definitely had strong resistance at 94 bux
if u think it is going lower kindly share what do u think is support.
tomorrow we have a lot of news coming out.
Thursday we have GDP .
and we have the middle east

oil is having a post QE hangover.

[Belguy]

With a sinking economy, some are predicting that gasoline will drop below a dollar per litre by the end of the year.

Am I the only one on this forum that is getting just a tad tired of the never ending buying opportunities?

When are you predicting a return to a surging economy with the resulting bull market in equities? This decade or next?

[thenegotiator]

BElguy
give me oil at July's price and i will tell ya how much i will buy.
i think they pay what .16 cents/litter over there?
u can move there and buy cheap gas