I've been looking at the S&P 500 and the DJIA over the past 5 days and it's been going up....my guess is we've hit the market bottom, but 2 more days will tell what do you think?

I dropped a light down the shaft James, and it just kept falling. the bottom is not in sight. The bulls give a little push every now and then thinking they are getting some bargains. The bargains can be had in September at the earliest. Until then we,ll just keep having rallies every time a little good news is released.

It doesn't really matter to me which way it goes in this game.  The market goes down, my portfolio drops.  The market goes up, my portfolio drops.  I can't win.  I'm down to $86K.  Frustrating.

YOU'RE Frustrated? LOL Bud I got murdered this last week by FNM and FRE my portfolio is $24k now thats frustrating LOL

I'm just goofing off now we have 1 month left so I am not going to reset, I have learned a lot in this round and many mistakes I hope to never make again

Well, James, it could be worse...I'm not really sure how to end this sentence.

LOL well it could be worse, I could be $23k negative =P

If both the S&P and DJIA are up thursday friday and end of monday, I think we are at the end, but only if those 3 days are up above the previous days close

But then you never know,, look at my portfolio, stupid FNM and FRE    LOL

 me too, can't wait for the new game

JamesLT:

YOU'RE Frustrated? LOL Bud I got murdered this last week by FNM and FRE my portfolio is $24k now thats frustrating LOL

I'm just goofing off now we have 1 month left so I am not going to reset, I have learned a lot in this round and many mistakes I hope to never make again

Not so fast, tatertots_mama.  If you read the blog (way down at the bottom of the web page), they will not be resetting the portfolios back to $100,000.  You keep all of the stocks and the value that you have.  So if you end up with $30,000, that's where you start the next contest.  If you end up with $206,000, that's where you start the bext contest.

Ok that really blows on one hand and on the other thats better cause they will pay for a performance on a regular basis, but how will they pay and how often hell corky is still waiting from 10 months ago.

I'm getting to where I dont like the system here, after the bell you can check the closing amounts and over 50% of the time they arent right here, thats the one thing I love about UpDown.com you get a true final reading everyday

Also if the day keeps going the way it's going, no we havent hit bottom yet, calling this one a suckers rally LOL

Dr Zira:

I dropped a light down the shaft James, and it just kept falling. the bottom is not in sight. The bulls give a little push every now and then thinking they are getting some bargains. The bargains can be had in September at the earliest. Until then we,ll just keep having rallies every time a little good news is released.

I agree.......do not be fooled by the recent upswing we have had in the markets. I still see a lot of downside pressures, especially due to the prolonged credit and housing crisis. Therefore, take advantage of the upside to take profits, and then wait for the stocks to become cheaper when the markets go down. However, the best way to play this is not to sell all of your stocks at one time, but to do it bit by bit, and also add to your positions bit by bit when the stocks get cheap. That way, you can hedge against your losses, and be able to make good gains when the markets go up, with minimal risk to your investment portfolio.  

Nope we havent hit bottom the DJIA down 283 points today...talk about a sucker punch, thats ok I learned something, pisses me off is over 3 days I gained about $26k in my UpDown.com portfolio, lost about $34k in one day =(

The worse is yet to come. and this market has not reached a bottom I'm stiil seeing a market bottom somehere just in time for the Holiday season and expect a market bottom of around 8700-8900.

And, don't ask me how I know this. Its a secret.....LOL

carpe Diem.!!

After what I seen today and went back and did some reading I think we may have another 3-4 rallys yet to come...just sux tho cause I am confused which way to go now, after today will the market come back up or drop again tomorrow it was a pretty big hit today

Hey don't give up I am down 73 that is all i had till today 75 heyyyyyy I will not give in. Until I have nothing left ok. So keep going and we both may learn something after all.