Discussion in 'Trading' started by areyoukidding?, Jul 21, 2005.
what do you guys think?
not as long as Greenie keeps printing $19.5 billion a day to prop the market up
Round and round we go, were have we been back to the same place we were 19 months ago. I know all you fast finger day traders are making a fortune, but I don't have time to sit in front of my computer 8 hour straight. Up down up down up down now right back were we started.
Buy the dips, what else can I say!
It does go down, but usually to dow -50 or -60 that seems to be the floor, then back up. I have black tape over my sell short button so I am never tempted to use it.
Says its 1999 again!
sp 1300 min target for yr end, wouldn't be surprised by 1350 either.
I see you are following the most important maxim of economic forecasting:
If you give a date, don't give a number.
If you give a number, don't give a date.
FOMC: NEED TO BE 'PARTICULARLY ALERT' ABOUT INFLATION
FOMC MEMBERS DIFFER ON HOW MUCH MORE TIGHTENING AHEAD
FOMC: PACE OF FUTURE HIKES DEPENDS ON INCOMING DATA
FOMC FELT REASSURED BY DATA THAT SLOWDOWN UNLIKELY
FOMC MINUTES SHOW INCREASED WORRY ABOUT INFLATION
FOMC AGREED ON JUNE 30 THAT MORE TIGHTENING NEEDED
How can you we "worried" about something that supposedly doesn't exist???
Institutions 27 --- Hedge Funds 3
they at least got a safety today.
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