Friday's low on the Dow was 7773. Closed today at 9389. That's a 21% gain, which is a bull market, by definition.
Assuming a rally starts tomorrow, how long will it last before the downtrend resumes?
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/10/AR2008101002823_pf.html Historically, crashes have behaved pretty much the same...
What about buying 10 minutes after the open on Monday? Could be people who review their portfolio this weekend, and enter sell orders for Monday...
Not when America is dragging their own countries into the abyss.
So at 10 AM tomorrow, market plunges.
?
Wonder what kind of phone calls Bernanke is getting.
What are they thinking right now?
Not many people talking about going long this afternoon. Maybe bullish for tomorrow....
the market will go up > 8%. Why should only the down days be huge?
Market will drop 4% per day until it either hits 0, or we get a rate cut. Meanwhile Bernanke looks like a deer in headlights....
I take it he's speaking right now? Dow down over 100 points in 10 minutes.
When was the last time that his words had a positive effect on the market?
He's a blind squirrel.
This thread is the ultimate ET fade.
They claimed just financials, but then other companies like GM, GE, CVS pharmacy, Zales jewelers, etc were added to the list.
Is there an ETF and/or reverse ETF for the VIX?
Was waiting for confirmation maybe...
I thought this was on the short ban list.
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