Sucker rally done?

Discussion in 'Trading' started by pumpanddumper, Jan 14, 2008.

  1. I think "C report" is already priced in. We know they are going to report 24 billion in sub mojo. Lets see if there is any positive.
     
    #11     Jan 14, 2008
  2. Was a good rally to fade, holding shorts into tomorrow. Techs, banks, brokers.

    Looking for a pop off the open then a sell momentum building into the close.
     
    #12     Jan 14, 2008
  3. Yeah, we'll see how they flip in into a positive with the report. I wouldn't mind hearing them completely do away with their dividend.

    There has to be some unforseeable element to get it more drastically lower.
     
    #13     Jan 14, 2008
  4. S2007S

    S2007S


    DDM worked out just like it was suppose too, the market was due for a bounce.
     
    #14     Jan 14, 2008
  5. dsq

    dsq

    agreed, but who knows what else may be reported...
    intc numbers could explode market up-intc has been wacked hard on mere rumors of slowing biz.
     
    #15     Jan 14, 2008
  6. I get the impression you don’t have money invested in C. Shit they just gave Dali stock at like 30 and a few years of a nice bond rate. No dividend makes this a screaming sell.
     
    #16     Jan 14, 2008
  7. Everyone expects armageddon from the financials tomorrow. If it turns out not to be as bad as they make it then we could expect a continued rally.
     
    #17     Jan 14, 2008