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Old 12-05-2008 | 02:49 PM
  #1771  
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Could it be a short covering rally?
Old 12-05-2008 | 07:05 PM
  #1772  
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Originally Posted by AZDavid,Dec 5 2008, 11:40 AM
Magician, saying that do you believe a bottom is in place?
No, I'm pretty sure I was just being sarcastic.

I'll check to make sure.

<checks>

Yup, I was just being sarcastic.
Old 12-06-2008 | 12:42 PM
  #1773  
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Originally Posted by magician,Dec 5 2008, 08:05 PM
No, I'm pretty sure I was just being sarcastic.

I'll check to make sure.

<checks>

Yup, I was just being sarcastic.
Wanted to make sure
Old 12-07-2008 | 09:19 AM
  #1774  
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Originally Posted by AZDavid,Dec 5 2008, 12:56 PM
I think the market could be rallying on these expected events over the next couple months:

-Automaker bailout
-Mortgage rate intervention
-Massive Obama stimulus package ($1 trillion isn't out of the question)
-Fed funds rate cut to 0.50-0.25%
-Continued liquidity injections
-More bailouts as necessary
Ever heard of ricardian equivalence..
Old 12-09-2008 | 08:00 AM
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Bull Market??
Old 12-09-2008 | 08:05 AM
  #1776  
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Originally Posted by ExOdy,Dec 5 2008, 04:43 PM
I'll humbly admit that this market is too difficult for me right now. I haven't made any moves and have stayed largely cash except for long term plays lately. Everytime I've wanted to go short and expecting the market to tank, it has rallied up strong. Everytime I've wanted to go long because I felt it was oversold, it only went further down. Cash I shall stay...
That is the truest thing anyone has ever said in this thread.

This market is WAY too difficult to game.
Old 12-09-2008 | 09:51 AM
  #1777  
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Originally Posted by PearlwhiteS2k,Dec 9 2008, 08:00 AM
Bull Market??
i don't know what defines a bull market

but CMI said they are going to cut 500 jobs and their stocks goes up just over 10%
Old 12-09-2008 | 10:51 AM
  #1778  
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Don't let the dead cat bounce fool you.
Old 12-09-2008 | 10:58 AM
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Well, some people are calling it a Bull market because we were up 20% from Nov lows.
Old 12-09-2008 | 11:59 AM
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Originally Posted by cthree,Dec 9 2008, 08:05 AM
That is the truest thing anyone has ever said in this thread.

This market is WAY too difficult to game.
I'm barely trading in my personal account. I bought some FCX after they cut the dividend but besides adjusting ultra short positions I haven't done much trading. The only time I buy is when we touch october/etc. lows.



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