+250 points and surging. still 80 more minutes of trading this is just the start. 2009 we should see the dow surge to around 13,000, and then 14,000 in Feb 2010 or so.
Yet another opportunity for the BULLS to SELL, the news out the fed is not anything worth this kind of rally, I hope many remember where historical low interest rates took this economy, it created a massive credit bubble, is that what they are trying to do again.
lol the last time the fed cuts rates this low a new bull market began. Anyone who shorts now is an idiot. Credit bubble or no bubble stocks are going much higher.
Before you get too excited about the cut NOW is the time to put on the short. THERE ARE NO BULLETS LEFT!!!! They have funky measures left, but nodbody knows what the hell they are doing at the fed - the sell will come. They are throwing everything they can at the markets - fine. But this will scare the market not rally it. Get Shorty.
stock_trad3r Registered: Jun 2006 Posts: 8299 12-16-08 12:43 PM -------------------------------------------------------------------------------- Quote from S2007S: Yet another opportunity for the BULLS to SELL, the news out the fed is not anything worth this kind of rally, I hope many remember where historical low interest rates took this economy, it created a massive credit bubble, is that what they are trying to do again. -------------------------------------------------------------------------------- lol the last time the fed cuts rates this low a new bull market began. Anyone who shorts now is an idiot. Credit bubble or no bubble stocks are going much higher. Sweet, Stock Trad3r thinks I'm an idiot...
Wake up, there will not be a new bull market for at least another 5 years, the bear is going to own wallstreet for a lot longer than many anticipate.