Finally a breather!

Discussion in 'Trading' started by hels02, Nov 9, 2006.

  1. hels02


    I expected it to be down today anyway, but I didn't think it'd be up at yesterday's close. The market was due for a breather anyway.

    This has been one hellava run so far, I've made money hand over fist, but with the Senate news, I'm not so sure anymore about this bull market.

    I think today's announcement that the Dem's won the Senate was terrible for the market. Its now sinking in that the Dem's took all of Congress, that's VERY scary, because in 2 years, we elect a President, and most people, Dem or Rep, hate Bush.

    There's no more wiggle room for the Presidency, since I doubt many people want to see a 100% Democrat controlled US either.

    I think there will now be more uncertainty in the market (again). What do you guys think?
  2. Time 2 cover

    Rally to resume next week since the casue of todays selloff was very petty.

    Markets already rebounding

    Weak consumer sentiment? Wow thats a first! [/sarcasm]

    Oil at $60! I guess I'll have to walk to work! [/sarcasm]
  3. yes just look at er2 go from lod $$
  4. Looks like I ws right so far

    nasdaq up .66%

    The dow and s&P not doing too much but up as well

    This is the time 2 buy