Probably a lower openning...could carry over to THURSDAY...economic data due to be released is still bad...you are right saying...BUY ON THE RUMOR...SELL ON THE NEWS...w2w
I would put everything you own in the market..RIGHT NOW..
With Obama coming in office and another expected Internet and Tech boom scheduled, you should get 30% again while Obama is in office.
i am the only one recognizing the market will go up soon?
anyone else find the timing of the 'thawing' of credit markets extremely beneficially to certain people that can then claim certain successes when certain someone had little to with it?
Profit taking as expected today and another poor employment report...Probably see some upward movement late today. Declining volume still over 2-1 right now..
and the government debating whether or not to take over everyone's 401K...but they would promise a 3% yearly return and since the market historically only gives a 7-10% return yearly, and our government is really good at not spending tax payer dollars, what could possibly go wrong?
Comments
the last time i owned stock is when Clinton was in office......i made 30% in 2 years....
I'm glad i cashed it when i did......i would probably be in the hole after the past 8 years....
The market hit record highs in the last 8 years, so you probably cashed out at the wrong time
S&P futures vs fair value: -13.40. Nasdaq futures vs fair value: -14.80. ...
Obviously with our current market we could make this up in the next hour though
I would put everything you own in the market..RIGHT NOW..
With Obama coming in office and another expected Internet and Tech boom scheduled, you should get 30% again while Obama is in office.
yeah, but the AP said that was just profit-taking and if the AP said it, it must be true
i am the only one recognizing the market will go up soon?
anyone else find the timing of the 'thawing' of credit markets extremely beneficially to certain people that can then claim certain successes when certain someone had little to with it?
Dow Jones Industrial Average
(DJI: ^DJI)
<TABLE><TBODY><TR><TD class=yfnc_tablehead1 width="48%">Index Value:</TD><TD class=yfnc_tabledata1><BIG>8,781.73</BIG></TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Trade Time:</TD><TD class=yfnc_tabledata1>12:34PM ET</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Change:</TD><TD class=yfnc_tabledata1> 357.54 (3.91%)</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Prev Close:</TD><TD class=yfnc_tabledata1>9,139.27</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Open:</TD><TD class=yfnc_tabledata1>9,134.01</TD></TR><TR><TD class=yfnc_tablehead1 width="48%">Day's Range:</TD><TD class=yfnc_tabledata1>8760.46 - 9155.44</TD></TR><TR class=end><TD class=yfnc_tablehead1 width="48%">52wk Range:</TD><TD class=yfnc_tabledata1>7,773.71 - 13,850.90</TD></TR></TBODY></TABLE>
unless a huge rally late comes today, about 8% in two days is not good.
has a lot to do with a promised raise in
mariginal tax rates
capital gains tax
corporate taxes
a propoed increase in energy taxes
and the government debating whether or not to take over everyone's 401K...but they would promise a 3% yearly return and since the market historically only gives a 7-10% return yearly, and our government is really good at not spending tax payer dollars, what could possibly go wrong?