Tim Geitner gains holding

Discussion in 'Chit Chat' started by stock_trad3r, Jan 11, 2009.

  1. [​IMG]

    The massive Tim Geitner gains on November 21st and 24 th held and are locked and loaded. Note the huge volume.

    Volume has been light for the past three weeks, but the buyers will step in when support of 8500 is tested on the dow.

    I expect we'll open at 8500 and around 10:00 we'll start to move higher and end the day up 200 points? Maybe.

    People are selling stocks and the dow is down 45%, but for no good reason.
  2. Classic. Refreshing perspective.
  3. Light volume and testing support argument can't stand on it's own you have to give us more than that to make us take you seriously.
  4. Volume is still very light since Dec. 20th . futures recovering. should be a green day.

    Not sure when the volume will return to normal levels. Guess some people have lost interest in the market or are still on vacation. Others may be holding out till after the Obama inauguration.