Official Let's Make Some Money Off Stocks Thread
#1381
Registered User
Originally Posted by cthree,Oct 9 2008, 11:04 PM
/me *all cash and loving it*
#1387
I dunno about calling a bottom but GE, IBM, YUM, did good on earnings. Also housing sales were up and unemployment was down but the good news seems to be brushed off. 8000ish seem so far like a strong support.
#1388
Originally Posted by bat711,Oct 10 2008, 10:27 AM
Was anyone in any of the double inverse ETFs before this week?
#1389
Registered User
Originally Posted by PearlwhiteS2k,Oct 10 2008, 12:55 PM
but the good news seems to be brushed off.
Of course, for the most part that begs the question of what effect the overall state of the economy will have on the market. Panic or no, if consumers seriously cut back on purchases (through fear or necessity, whatever) then business will hurt, profits drop, and stocks be even less attractive.
#1390
On a lighter note...I see you are getting a 9th very shortly. Congratulations!