The 2008 bear is teasing us

Discussion in 'Trading' started by pumpanddumper, Jan 3, 2008.

  1. Good to see a red board to start the year. You know it will bounce...Give me 12,xxx again one more time before it happens. Just touch it!
  2. Seem optimistic with DOW down almost 2% yesterday.
  3. "The last time the DJIA fell this much on a percentage basis on the first day of the year was 1983. However, the DJIA finished the year 20.3% higher that year."
  4. just21


    They were saying on Bloomberg that the last time the market fell this much on the first day of the year was 1932.
  5. What's that old Wall St. adage? As goes January, goes the year?

    Sell in May, go away....Yeah, that worked great last

    So now we will get rate cut rumors and all that jazz again to bump it up. The games continue....
  6. Just let the bear hang out. I need this dip BAD!