Discussion in 'Trading' started by gnome, Dec 5, 2008.
To discourage negative sentiment and further selling..
no, its because the funds are loading up realizing that a .2% rise in unemployment isn't as big of a deal as the doom and gloom media would have you beleive.
I STILL have %50 for my porfolio to go HIgher to brake even in financial,s
Not the PPT, look at the pop in Eur/JPY and USD/JPY. This is real buying by foreign investors.
the market are so cheap. Goog PE of 17, AAPL PE of 15, Rimm PE of 13, EWZ PE of 10.
all these quality stocks getting sold off for no reason. Obviously the market is going to correct itself and go higher.
I would be fading this minor rise in the markets.....
I dont see this following through till 4pm.
Earnings expectations are also being cut daily
End the day up 200+ on the Dow?
looking at the volume, these is def. much more potential for upside.
Just think how much the market would be up if the numbers were only 350,000. probably 600 points.
The last 10 minutes should be one heck of a ride. What is your Dow target for the day?
Separate names with a comma.