London bombing support line

Discussion in 'Trading' started by zxcv1fu, Aug 4, 2005.

  1. zxcv1fu

    zxcv1fu

    Ever since the bombing I feel the market turned very bullish. CNBC is talking about the London bombing support line too. Any idea why? Are they trying to short squeeze the terrorist shorts?

    Thanks!
     
  2. No risk to being long, the worst was realized and it had zero impact on the markets. Essentially we are climbing the wall of worry.
     
  3. i dont think anyone is worried at this point... there are so many negative news and nothing, absolutely nothing, is moving the market either up or down.,.... well that is until someone(s) pull the rug on this whole thing.
     
  4. Pull my rug off!!
     
  5. zxcv1fu

    zxcv1fu

    Finally some profit taking today!
     
  6. Why would you want to nuke Washington DC...
     
  7. oh, is this one of these "the war is ocrchestrated for the economy" fantasies?
     
  8. Ricter

    Ricter

    Presumably, we'd withdraw our troops before we launch the nukes.

    But that's just what they want us to do, withdraw our troops.
     
  9. zxcv1fu

    zxcv1fu

    I am going to pay attention to CNBC around 4 pm EST to see if they mention this support level again.
     
    #10     Aug 4, 2005