700B Plan Priced In Already?

Discussion in 'Trading' started by shortie, Sep 24, 2008.

SPY EOD after 700B is approved

  1. drops >10%

    12 vote(s)
    12.2%
  2. drops >5%

    6 vote(s)
    6.1%
  3. drops >2%

    14 vote(s)
    14.3%
  4. +/-2%

    23 vote(s)
    23.5%
  5. gains >2%

    18 vote(s)
    18.4%
  6. gains >5%

    14 vote(s)
    14.3%
  7. gains >10%

    11 vote(s)
    11.2%
  1. 1200 is a good reference point.
     
    #31     Oct 1, 2008




  2. So far we have sold down 8 on the es at 1162.50. Nice call man! (thumbs up)
     
    #32     Oct 1, 2008
  3. lol 8 points is nothing when were up huge yesterday

    I'm sure there will be a lot of buying tommorow

    this is great news
     
    #33     Oct 1, 2008
  4. It is beginning to feel like a mine field. Any crazy unpredictable thing can happen which will set off giant market moves. Overall, I can't comprehend any possible way a sustained upward move could occur regardless of the outcome of the bailout. (so that is probably exactly what will happen).
     
    #34     Oct 1, 2008
  5. "up huge yesterday" - how convenient to forget Monday 8% plunge!
     
    #35     Oct 1, 2008
  6. flat market tomorrow because the bailout deal does not matter?

    the market is back at the monday level, when the deal was rejected, even though now the deal will most likely go through. deal or no deal - same difference it seems.
     
    #36     Oct 2, 2008