Think we will see an End of day rally? 3/4/08

Discussion in 'Trading' started by peilthetraveler, Mar 4, 2008.

  1. Gotta be a little bit of a rally soon right? Fallen pretty hard the last few days and looks like it could turn around soon i think.
     
  2. It's coming around a little bit. I screwed myself today - got stopped out of half my position (-3%) and the entire thing bounced back into the positive
     
  3. Bowgett

    Bowgett

    Very likely with sell off in commodities stocks might rally
     
  4. S2007S

    S2007S

    sub 12k very soon, Jan 22nd lows to follow..
     
  5. Looks like the market will dump hard again and sooner rather than later. I just get that fealing.

    More rumors of banks going down
    More ratings of bond insurers in question
    More unemployment
    More dollar destruction
    More fiscal deficits from never ending war on terror
    More rampant inflation
    More housing defaults
    More abcp write downs
    More level 3 waiting in the dark to come out?
    More random war around the world on a daily basis
    More selling of good investments to make up for bad ones
    More destruction of the US middle class
    More bad things to come
    No more gravy train for the US consumer
     
  6. S&P looks fried.
     
  7. Bowgett

    Bowgett

    What did I tell you :cool:
     
  8. Congrats! With the 50/50 chance, you won!
     
  9. Bowgett

    Bowgett

    Thanks :)
     
  10. I think all thats already factored in by now. This next rate cut will throw us back up to 13,000
     
    #10     Mar 4, 2008