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Official Let's Make Some Money Off Stocks Thread

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Old 02-09-2009, 10:44 AM
  #1911  
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Originally Posted by AZDavid,Feb 9 2009, 11:31 AM
The billion dollar question:

What will the market do after TARP 2 is announced tomorrow?
We'll rally then shortly after (hours or days) people will realize how bad the TARP is and then we'll have a sell-off.
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Old 02-09-2009, 12:38 PM
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I guess, I'm going be selling on the rally and keep some left on the table. Who knows what's going to happen with this type of market..... We might have a rally for a few weeks and then have a massive sell off. I rather been safe than sorry....
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Old 02-10-2009, 08:57 AM
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Was I the only one that was surprised that the Indexes tanked (around 3%) after Geithner's speech? I can see them sinking after a couple days because the package wont actually go into effect, but I thought it would at least stir some security.
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Old 02-10-2009, 09:03 AM
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Maybe the market doesn't like it when the money is not going to the large banks directly
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Old 02-10-2009, 12:10 PM
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Acknowledgment of the severity of the situation + lack of confidence in the efficacy of a solution = cynical selloff.
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Old 02-10-2009, 12:26 PM
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DOW broke 8k with the bailout news. can't imagine what tomorrow is going to be.
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Old 02-10-2009, 10:24 PM
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Originally Posted by s2kwhitepanama,Feb 4 2009, 07:49 PM
buy gold long traders are shaking the gold market.... gold is going up...

buy abx
I was the first here to call gold back in 2007 pre- DOW 14k. Go use the search if you dont believe me. If I recall I was hated on for even bringing up such a notion as investing in gold.
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Old 02-11-2009, 04:37 AM
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Originally Posted by GPMike,Feb 11 2009, 02:24 AM
I was the first here to call gold back in 2007 pre- DOW 14k. Go use the search if you dont believe me. If I recall I was hated on for even bringing up such a notion as investing in gold.
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Old 02-11-2009, 07:17 AM
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The fact gold is still edging higher in a heavily deflationary period is extremely telling.
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Old 02-11-2009, 07:56 AM
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RIMM getting crushed today.
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