How Low Can It Go?dmek25 03-17-2009, 07:39 PM Housing starts take surprising jump in Feb. Wall Street closes strong; Dow up 179 points hopefully the beginning of good things to come dmek25 03-17-2009, 07:41 PM sorry, something up with the links 70Chip 03-17-2009, 08:17 PM The Dow had had a good 6 days. Perhaps we have seen the bottom. If so, congratulations to Matty, Jsarno, and Schneed for being the closest. However, I think we will wait a while longer to make sure. Schneed10 03-17-2009, 09:57 PM The Dow had had a good 6 days. Perhaps we have seen the bottom. If so, congratulations to Matty, Jsarno, and Schneed for being the closest. However, I think we will wait a while longer to make sure. On a bottom you should actually wait a year or so to see if it's a real bottom or not. saden1 03-18-2009, 01:08 AM It's b.s. rally, big boys playing big games. Nothing has changed really. That Guy 03-18-2009, 02:22 AM yeah, citigroup gets good news, market goes up, short sellers come in to make their cash. repeat. 70Chip 03-18-2009, 02:48 AM Speaking of the shorts, here's a nice primer(I'm not a financial person so I find this sort of thing helpful): The Uptick Rule on Vimeo (http://vimeo.com/3609097) Mark to market on Vimeo (http://vimeo.com/3019229) Quantitative easing on Vimeo (http://vimeo.com/2606496) Slingin Sammy 33 03-18-2009, 06:04 PM A very close friend with a degree in finance who works in the energy markets, predicted this false bounce followed by a further drop. I'm sticking with my prediction. hooskins 03-18-2009, 06:29 PM Fed to buy up to $300B long-term Treasury bonds: Financial News - Yahoo! Finance (http://biz.yahoo.com/ap/090318/fed_interest_rates.html) Major news dmek25 03-23-2009, 07:42 PM Dow soars nearly 500 points on banking plan Existing-home sales post surprising 5% gain | |
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