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Finnster · 08.23.2011, 04:49 PM

Strong close in the market today, +322 on speculation and random day of optimism.

I've actually been buying back in a bit of Fri and Mon. Still thinking we're at a short term bottom here and we will see a rise as we close on the end 3Q in Sept and leadership in DC returns and starts responding to the crisis.

I think a lot of the volitility is due to eveyone out on recess/vacations and there doesn't seem to be anyone at the helm, so any bit fo news pushed the herd strongly one way or another. Not saying sunny days are here again, but I'm treating this as a buying opportunity going into Q4 and will reassess opportunities going forward.

How long can treasuries stay at this absurdly low level? Not sure I'd want to be long on them (or gold) up at these levels. Who knows tho. Crazy days for sure.

	(#51)
Finnster KillaHurtz Offline Posts: 2,958 Join Date: Apr 2006 Location: Bucks Co, PA	08.23.2011, 04:49 PM Strong close in the market today, +322 on speculation and random day of optimism. I've actually been buying back in a bit of Fri and Mon. Still thinking we're at a short term bottom here and we will see a rise as we close on the end 3Q in Sept and leadership in DC returns and starts responding to the crisis. I think a lot of the volitility is due to eveyone out on recess/vacations and there doesn't seem to be anyone at the helm, so any bit fo news pushed the herd strongly one way or another. Not saying sunny days are here again, but I'm treating this as a buying opportunity going into Q4 and will reassess opportunities going forward. How long can treasuries stay at this absurdly low level? Not sure I'd want to be long on them (or gold) up at these levels. Who knows tho. Crazy days for sure.