yesterdays selloff wasnt a big deal no big news or anythign triggered it. Just pannick selling. The chinese gov said somethign but it wasnt a big deal at all. The selling was the result of people deciding to take profits Also every other indicator is positive and the nasdaq and dow will continue to rally much higher as if nothign happened. The nasdaq should hit 2600 in a few months. Terror under control rates to remain stable for a long time no bad news corporate profits increasing as always There will probaby be a 1% rally today easily and another 2% by end of week Recommend goog, ma, chap, tie, aapl, amr, rimm, bidu, gs
1. not a big deal? third largest point drop on the dow of all time... 2. Learn to spell "panic". the government trying to stop growth and investment of the fastest growing emerging market is a HUGE deal...which is why the market dropped 9%. 3. "profit taking"...famous last words. 4. every oter indicator is positive? like housing? 5. Terror under control??? according to whom? last i looked we were losing the war. 6. rate remain stable? last i checked there was a 40% chance of a downward revision by year end. 7. Corporate profits always increase??? since when? where do you get this crap?
Wow you do get dumber as the days get longer, ey stock/strky trder? Telling all to buy the day after a correction has begun....unreal.. No need to cover yet folks.
um hum um markets up .75% today for both the nasdaq and dow shorts should have covered yesteday the support today is very bullish another 1-2% drop would have been bad but the markets have found support and the only direction to go is up