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Dow Closes Above 9000 for the first time in 2 months

Started by stevejhx
almost 17 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
Good sign, or bear rally? Usually it's a good sign when the market shrugs off bad news like today's, and holds above a psychological threshold.
Response by steveF
almost 17 years ago
Posts: 2319
Member since: Mar 2008

Usually it's a good sign when the market shrugs off bad news like today's, and holds above a psychological threshold.

I agruuuuu...I mean I agruueuuua!!....what i mean to say is I agreuuuee!!!...I can't get my fingers to type that I agr-- with stevejhx.....yes steve, the fear/panic is gone.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

All I know is, Steve, you had BETTER NOT SAY THE DOW WILL GO UP!

;-)

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

btw, you did notice that the dow closed above 9k on friday too, right?

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

dammit, told you steve! Don't saying anything good about the market anymore...

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Response by alpine292
almost 17 years ago
Posts: 2771
Member since: Jun 2008

Damn steve, you made the market fall today. Shame on you.

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Response by w67thstreet
almost 17 years ago
Posts: 9003
Member since: Dec 2008

you made my hrp drop...dog gone it!

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

ok, its official. We're down nearly 10% since steve got bullish.

Steve, can you please be bearish on stocks again? I'd love if if you said that the dow was "definitely heading toward 6500" again.

Pretty please?

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Response by serge07
almost 17 years ago
Posts: 334
Member since: Aug 2008

The S&P bank index is at the moment, trading below the panic November lows.

Not sure about the rest of you nice folks, but I'm getting more bullish by the minute. :)

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

> The S&P bank index is at the moment, trading below the panic November lows.

True... but there are also a few less banks now... and now the panic fears have come true...
No more panic, its reality now. ;-)

But, I'm with you on the bullish overall... I'm starting to pick up some SSOs again.

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Response by w67thstreet
almost 17 years ago
Posts: 9003
Member since: Dec 2008

Let's get on the train to 6500... you heard it again.. .here comes TARP 2.0 and wait till the end of the year for GM BK and 10-11% unemployment... no need to be looking for a bottom in this market... go to Tahiti for a year and learn to surf... you'll miss nothing.. that's what I'd do.. but darn these kids need to be fed every 6 hours :)

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

Steve... PRETTY PLEASE...

SAY THE MARKET WILL GO DOWN!

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Response by jasonkyle
almost 17 years ago
Posts: 891
Member since: Sep 2008

just dipped below 8000 for the first time in awhile.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

surprised that when that happened, it didn't jump downward... but it seems to have "bounced" for now. That could be a positive sign.

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Response by 80sMan
almost 17 years ago
Posts: 633
Member since: Jun 2008

w67, 2009-2010 are the most appealing years for going off the grid in a long time.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

Almost 100 off the bounce... GO! GO!

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

a few hundred points now... we're up. Go...

Love those SSOs.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

damn you, steve!

;-)

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Response by w67thstreet
almost 17 years ago
Posts: 9003
Member since: Dec 2008

80sMan... yep.. .get off grid.. .people please just move along... nothing to see here.

Yep... the kids still need to be fed :)

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Response by 80sMan
almost 17 years ago
Posts: 633
Member since: Jun 2008

w67, I'm enjoying your precocious schadenfreude. Now that the bond rally is over there's nothing to do but wait...

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Response by ClintonB
almost 17 years ago
Posts: 128
Member since: Sep 2008

Ah, remember the last time we were at Dow 6500, I was President

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Response by Idiots101
almost 17 years ago
Posts: 14
Member since: Mar 2009

I guess you are all financial geniuses as well

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