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Stock Market Closing Report - 12/8/20 December 8, 2020

Monday, October 20, 2008

Carter Worth CNBC 10/20/08 - Stock Market Bottom is In

Carter Worth was on CNBC Fast money tonight 10/20/08

We are long...play the beaten down names, Industrials, Coal names

You could buy CNX, BTU, CHK, X

UYM play for a rebound
DIG play this stock for a rebound

The risk reward is good....instead of the meltdown, you could have a meltup going into the end of the year.

" We saw an intermediate low last week that will last for a long time. We should see a strong advance this week in the stock market and beyond.

" The volume that we saw on the way down was capiluation volume and we are all in the stock market now." " We feel the lows are in!"

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