Market refuses to go down

Discussion in 'Trading' started by detective, Aug 27, 2009.

  1. S2007S

    S2007S

    Get ready for another up day, market opens up around .50%, then drifts a few points lower only to start it's next move up and by the end of the day the s$p is back over 1100.


    All this while the poor little dollar becomes even more worthless.
     
    #231     Nov 11, 2009
  2. lemme guess, you are a retiree who has too much time on his hands, so ur dabbling in stocks to get rid of your boredom.
     
    #232     Nov 11, 2009
  3. If the scam is debase the currency then they have plenty of room left. The ratio of 3:1 still holds pretty well. I figure when the dollar gets to its lows at 72 things will get hairy. Nobody wants a collapsing dollar. Thats 4% lower from here. Thats another 12% higher repricing of the market from here.
     
    #233     Nov 11, 2009
  4. don't worry about the dollar, you will be surprised soon enough
     
    #234     Nov 11, 2009