Home › Forums › Financial Markets/Economics › How high goes the rally on Obama infrastructure spending?
- This topic has 290 replies, 12 voices, and was last updated 16 years, 11 months ago by
stockstradr.
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AuthorPosts
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December 11, 2008 at 10:19 PM #315025December 11, 2008 at 10:33 PM #314566
mercedes7
ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM #314923mercedes7
ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM #314956mercedes7
ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM #314979mercedes7
ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM #315050mercedes7
ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 12, 2008 at 9:00 AM #314612stockstradr
ParticipantOK, market not going the way I expected.
I DUMPED everything this morning after markets recovered from the opening lows.
Time to sit on the sidelines and figure out where these markets want to go.
Yesterday and today’s markets took back 10% of my 30% gains in oil stocks made over last ten days. Ouch.
I just knew I should have sold oil stocks into the top of yesterday’s session. Oh well.
December 12, 2008 at 9:00 AM #314968stockstradr
ParticipantOK, market not going the way I expected.
I DUMPED everything this morning after markets recovered from the opening lows.
Time to sit on the sidelines and figure out where these markets want to go.
Yesterday and today’s markets took back 10% of my 30% gains in oil stocks made over last ten days. Ouch.
I just knew I should have sold oil stocks into the top of yesterday’s session. Oh well.
December 12, 2008 at 9:00 AM #315001stockstradr
ParticipantOK, market not going the way I expected.
I DUMPED everything this morning after markets recovered from the opening lows.
Time to sit on the sidelines and figure out where these markets want to go.
Yesterday and today’s markets took back 10% of my 30% gains in oil stocks made over last ten days. Ouch.
I just knew I should have sold oil stocks into the top of yesterday’s session. Oh well.
December 12, 2008 at 9:00 AM #315024stockstradr
ParticipantOK, market not going the way I expected.
I DUMPED everything this morning after markets recovered from the opening lows.
Time to sit on the sidelines and figure out where these markets want to go.
Yesterday and today’s markets took back 10% of my 30% gains in oil stocks made over last ten days. Ouch.
I just knew I should have sold oil stocks into the top of yesterday’s session. Oh well.
December 12, 2008 at 9:00 AM #315095stockstradr
ParticipantOK, market not going the way I expected.
I DUMPED everything this morning after markets recovered from the opening lows.
Time to sit on the sidelines and figure out where these markets want to go.
Yesterday and today’s markets took back 10% of my 30% gains in oil stocks made over last ten days. Ouch.
I just knew I should have sold oil stocks into the top of yesterday’s session. Oh well.
December 12, 2008 at 9:16 AM #314671NotCranky
ParticipantStockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .
Ruling you out, do people get negatively addicted to trading?
December 12, 2008 at 9:16 AM #315028NotCranky
ParticipantStockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .
Ruling you out, do people get negatively addicted to trading?
December 12, 2008 at 9:16 AM #315062NotCranky
ParticipantStockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .
Ruling you out, do people get negatively addicted to trading?
December 12, 2008 at 9:16 AM #315084NotCranky
ParticipantStockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .
Ruling you out, do people get negatively addicted to trading?
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