30 min Wall St rally – Page 4 – Piggington's Econo-Almanac

This topic has 55 replies, 10 voices, and was last updated 14 years, 11 months ago by nostradamus.

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May 31, 2009 at 12:32 AM #408430

ucodegen
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I suspect the ‘support’ we are seeing is the closing of short positions. The ‘Wall Streeters’ like their summer breaks (not all take them though) and most of them don’t like open positions when they are on a break (particularly margined and short positions). I suspect that after June, we may get volatile because many of the ‘players’ will have left for the summer, so overall volume will be weak and it will be easy for the remaining players to move the market.

That said, it may also depend upon how well the ‘Wall Street’ players did during the year.. on whether many do take the summer break…. in the Hamptons…

May 31, 2009 at 3:33 PM #407949

Coronita
Participant

On second thought….

PPT doing damage control on GM BK for tomorrow?

http://finance.yahoo.com/news/GM-prepares-for-bankruptcy-apf-15393221.html?sec=topStories&pos=main&asset=&ccode=

(though it was expected I would guess)

May 31, 2009 at 3:33 PM #408188

Coronita
Participant

On second thought….

PPT doing damage control on GM BK for tomorrow?

http://finance.yahoo.com/news/GM-prepares-for-bankruptcy-apf-15393221.html?sec=topStories&pos=main&asset=&ccode=

(though it was expected I would guess)

May 31, 2009 at 3:33 PM #408433

Coronita
Participant

On second thought….

PPT doing damage control on GM BK for tomorrow?

http://finance.yahoo.com/news/GM-prepares-for-bankruptcy-apf-15393221.html?sec=topStories&pos=main&asset=&ccode=

(though it was expected I would guess)

May 31, 2009 at 3:33 PM #408494

Coronita
Participant

On second thought….

PPT doing damage control on GM BK for tomorrow?

http://finance.yahoo.com/news/GM-prepares-for-bankruptcy-apf-15393221.html?sec=topStories&pos=main&asset=&ccode=

(though it was expected I would guess)

May 31, 2009 at 3:33 PM #408643

Coronita
Participant

On second thought….

PPT doing damage control on GM BK for tomorrow?

http://finance.yahoo.com/news/GM-prepares-for-bankruptcy-apf-15393221.html?sec=topStories&pos=main&asset=&ccode=

(though it was expected I would guess)

May 31, 2009 at 6:55 PM #407969

nostradamus
Participant

I thought the same flu… Are we starting to see the man behind the curtain? Or are we seeing only what he wants us to see?

May 31, 2009 at 6:55 PM #408209

nostradamus
Participant

I thought the same flu… Are we starting to see the man behind the curtain? Or are we seeing only what he wants us to see?

May 31, 2009 at 6:55 PM #408452

nostradamus
Participant

I thought the same flu… Are we starting to see the man behind the curtain? Or are we seeing only what he wants us to see?

May 31, 2009 at 6:55 PM #408514

nostradamus
Participant

I thought the same flu… Are we starting to see the man behind the curtain? Or are we seeing only what he wants us to see?

May 31, 2009 at 6:55 PM #408663

nostradamus
Participant

I thought the same flu… Are we starting to see the man behind the curtain? Or are we seeing only what he wants us to see?
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