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Old 03-23-2009, 01:55 AM   #2
moeloubani
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i say down 250
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Old 03-23-2009, 01:59 AM   #3
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When the dollar tanks, the Dow normally goes up.
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Old 03-23-2009, 02:01 AM   #4
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Was just checking premarket looks like most up 2%+

We'll have to see what knews happens during the day
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Old 03-23-2009, 02:13 AM   #5
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I feel bad for those who will buy into the market today with money they may need anytime soon, employment is still the foundation of a healthy economy.
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Old 03-23-2009, 04:55 AM   #6
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Probably down slightly mixed.
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Old 03-23-2009, 05:30 AM   #7
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When the dollar tanks, the Dow normally goes up.
It's the other way around

Dow goes up, dollar tanks.

Last edited by Slappin Fish; 03-23-2009 at 05:34 AM..
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Old 03-23-2009, 05:34 AM   #8
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Futures are sharply higher today.... things seem positive but I still have to consult with my financial psychic.... brb ...
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Old 03-23-2009, 05:43 AM   #9
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When the dollar tanks, the Dow normally goes up.
Lately I have seen it exactly the opposite. The Dollar has tanked BECAUSE the Dow went up.
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Old 03-23-2009, 07:09 AM   #10
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Up today down tommorrow, makes no difference in the long run
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Old 03-23-2009, 01:25 PM   #12
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up 5 percent last time i checked
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Old 03-23-2009, 01:28 PM   #13
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damn finish almost 7 percent up

and i made 50 percent today
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Old 03-23-2009, 01:29 PM   #14
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yup right about 500 it went to
Very impressive guess man, that was solely based on the currency going down?
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Old 03-23-2009, 01:32 PM   #15
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yeah wtf great guess
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Old 03-23-2009, 01:33 PM   #16
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I feel bad for those who will buy into the market today with money they may need anytime soon, employment is still the foundation of a healthy economy.
I feel bad for US taxpayer, since the reason for rally is another plan to give 1 trillion dollars into the blackhole called "wallstreet banks".
guess, who is going to eat the loosses once again...
and dont forget they will come soon for another trillion, since it wont be enough. the blackhole is much bigger then that.

quote from rolling stones:
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"The crisis was the coup de grāce: Given virtually free rein over the economy, these same insiders first wrecked the financial world, then cunningly granted themselves nearly unlimited emergency powers to clean up their own mess.
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Old 03-23-2009, 01:38 PM   #17
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500+ points on dow ya think?
The market has rallied hard in a very short period of time. I think we could still squeeze out another 5 - 10% gain in all the major indices before we experience a correction. The market always over shoots in one direction or another. Right now, it is overshooting to the upside. Eventually though, we will experience a correction of at least 10%. Investors will lock in gains and the market will sell off. Whether the market retraces to our March lows depends on how smoothly the government is able to execute all of it's economic recovery plans.
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Old 03-23-2009, 02:23 PM   #18
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EscortBiz where did you get your crystal ball?
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Old 03-23-2009, 02:28 PM   #19
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The market always over shoots in one direction or another.
IMO the market always overshoot in the opposite direction of its long-term trend. Think about it, how many pieces of bad news about the economy have we had in the last 3 months? The housing news today is maybe 1 of a handful at most pieces of good news in that time, and that's enough for a 500 pt gain? It's coming right back down and further by the end of the week.
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Old 03-23-2009, 04:55 PM   #20
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EscortBiz where did you get your crystal ball?
lol

im still testing it once I know it works ill take it out of beta and make it available for sale
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Old 03-23-2009, 05:07 PM   #21
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Great call. Today was a good day for those of us that were long or trading. Its still hard to tell how much more steam this rally is going to have. I am going to watch DOW 8k before thinking about going short a few plays.
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Old 03-23-2009, 05:18 PM   #22
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the huge move today shows me once again how stupid the average investor is..

the buying up of toxic assets is not a positive..

there was a rumor today that the us was propping up the dollar today so it wouldnt get hammered..

in any case, good call on the move escortBiz.. i was pretty sure the market was not going to react positively to the news..
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Old 03-23-2009, 05:38 PM   #23
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I have been posting for a month now about how it's the perfect time to get into a few stocks like and have been in VERY HEAVY.

Bac
C
aig
dow
ald

Anyone who thinks it is not the right time really is missing the big boat.
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