Official Let's Make Some Money Off Stocks Thread
12-03-2008, 04:55 PM
#1751
Originally Posted by AZDavid,Dec 3 2008, 04:16 PM
Retail sales will dictate market action tomorrow. I expect some positive numbers after all of these initial reports. 
12-04-2008, 01:28 PM
#1754
Registered User
The largest white board in my office is covered with hand-drawn charts, bets with a bunch of coworkers over the basic shape of tomorrow's DJIA. Pretty funny because a dart throwing monkey would do as well as any of us! We're still in a period of ugly volatility but, again sort of funny, not really low volume (that end of day spike is a killer).
12-05-2008, 10:06 AM
#1756
It is official, the market no longer cares about bad news. Based upon that there is a high likelyhood that the market may have bottomed last month.
That statement assumes we don't tumble several hundred points in the final hour.
That statement assumes we don't tumble several hundred points in the final hour.
12-05-2008, 10:22 AM
#1757
Registered User
Join Date: Jul 2001
Location: Yorba Linda, CA
Posts: 6,592
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by AZDavid,Dec 5 2008, 11:06 AM
It is official, the market no longer cares about bad news.
The market cares deeply about bad news. There is simply no longer any bad news. Henceforth, all news is good, or, at least, neutral; in short, nonbad.
That is all.
