Discussion in 'Trading' started by jr07, Nov 19, 2008.
Dow for year end, closer to 9,000 or closer to 7,000?
Geez so we are going to line up for soup?
After putting a man on the moon?
Going to near 7000, who would buy, santa?
Scary. But after the Gummint massages and spins the data, might LOOK merry.
Let's wait and see what type of data manipulation we see in the next month.
Future's quite, Asia and Eruo land, no big deal.
We may have closed below, but I don't know if it was enough to cause the panic. We could very easly shoot straight up from these levels, 1000 points or so.
I think the 2009 revisions were the last shoe to drop. Now the market knows....
Bail out of Auto's, will be a hybrid of bridge loans. Market already knows that.
So, we could be near a short term bottom. For now.
closer to 7k, however i do feel there will be a short lived christmas rally.
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