Markets to close green today

Discussion in 'Trading' started by stock_trad3r, Nov 8, 2006.

  1. Looking at the nasdaq chart today

    it rebounded HUUGE from being down .72% to only being down .49% in less than 4 minutes

    This indicates massive buying

    The news doesnt have much of an effect

    Dem/republican same thing....who cares its just a letter
  2. I love 100% up room to go!!
  3. S2007S


    who cares its just a letter???

    the talking heads have been babbling for 2 months now about how the democrats taking over both house and senate would not be good for stocks....

    and with the uncertainty with montana and virginia I dont know how the markets can be trading back in the green.
  4. Pekelo


    Dow is only -13 right now after 40 mins trading...

    Yes, basicly there is no difference who is in which house....
  5. S2007S


    if the democrats take the senate it will be different. Many were looking for a divided government or gridlock as they call it. If the democrats take the senate it wont be good for the markets.
  6. Senate outcome won't be firm for at least a week. Markets don't like uncertainty. I don't expect to end in the green today.
  7. The democrats will lose the senate cause virginia and montana are a republican states.

    The markets will SUUUURGE on this news

    Shoudl the republicans somehow lose the markets will dip but quickly rebound like this morning.

    Either way, the situation is bullish and all is good
  8. They are just that-talking heads. A bunch of pre-programed sensationalists who read political jargon in front of cameras. They dont know anything about how the stock market works.
  9. Pekelo


    SPX just went green...
  10. hels02


    This will be interesting... I still think it will close a bit down today.
    #10     Nov 8, 2006