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Re: starboy post# 8

Tuesday, 10/28/2008 11:05:46 AM

Tuesday, October 28, 2008 11:05:46 AM

Post# of 177
Consumer confidence number came out and it's abysmal of course. T-bills still trading at crisis-mode levels as the flight to safety in the US Treasury notes continues.

LIBOR down slightly...???

A little different pattern so far in the DOW...instead of opening lower and teasing the break even line, today it opened higher and is teasing the break even line.

It's very early to put much stock in that, but that COULD BE an interesting clue to the hyper vigilant such as you and I. Especially in the face of a bad consumer confidence number.

Slowly the screw turns. Still lots of negative stuff to come out...jobs, retail holiday sales, you name it. Too early to do anything but short term trades I guess.

I was really hoping I'd made my first long term buy with the GDX. Oh well. Maybe next time.




McGRANDPA's choice of Palin for VP was irresponsible, dangerous and an insult to Americans. By that choice and his continuing evil he's proving he'll do anything to win this election even to the point of endangering his own country. DEFEAT HIM!

McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!

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