2008 Stock Market Predictions - Technology Companies Will Prosper?

Oh yeah, we will keep going lower it is a bear market, and stocks always trade lower.

 

I wouldn't concern yourself with support points or whatever other technical mumbo-jumbo analysis you use, just know we are going down.

 

Thats like saying I wouldn't concern yourself with the markets going down because they always go up.

 

I just don't buy your thinking that:

Based on your lines.

 

I bet shorters are making a ton

 

They will bottom in Augest of this year!

 

No he has no reason he probably shut his eyes and threw a dart at a board of months. You try and guess bottoms you lose money.

 

We got down to 11,920 this morning then turned the hell around. It may just be short covering, I see us turning right back around this afternoon into the close.

 

Tiny down to 6.23. They just announced a new coo. 31 year old Daniel B. Wolfe, harvard university phd in chemistry. Unnoticable news in this market but very interesting nonetheless. Like i said, its my dream stock at 3.50 to 4

http://biz.yahoo.com/e/080307/tiny8-k.html

 

What is with you and TINY? And it is your dream stock at $3.50 - $4?? . . After a 40% or so drop? Why then?

 

Smatts, for me i have always hit it big when i find a company with lots of potential thats going down only because of market conditions. The only reason tiny's stock is down now is because its portfolio companies wont go ipo in these market conditions. When the next bull run comes it will be lead by the nanotechnology companies.
Nanotech is the next internet crazy. I predict nano companies will explode during the next bullmarket run(whenever it comes) then settle down . It is the next technology leap for mankind and the one technology that could bring about world peace(but thats way down the road) as scientists learn to synthesize food from molecules and atoms all around us(ends world hunger). Thats way down the road and thats when we will turn our efforts as a society away from waging war and disguising it as terrorism or democracy and focus on space exploration.

 

thanks Wisdom, It just brings me back to the days of the hevy trader group on yahoo groups. they were the greatest group of guys and gals and we all helped each other. I guess this is my way of honoring those who helped me. My biggest fault was when i got arrogant and left the group after they helped me turn 40k into 225k in a year, then i blew it all by getting into risky stocks right before the stock market crash.
I dont want anyone to go through the hell i went through with that.
This is why i always preach patience when it comes to stock picking, even if it means missing out on a stock that popular and high moving.

 

Took the words right out of my mouth!

 

Some Goldman people think that the FED is going to have another emergency rate cut this week and possibly today. They are thinking 50 bps.