InvestorsHub Logo
Post# of 42555
Next 10
Followers 5
Posts 2829
Boards Moderated 0
Alias Born 12/08/2004

Re: Nettles post# 25097

Wednesday, 10/29/2008 4:54:37 PM

Wednesday, October 29, 2008 4:54:37 PM

Post# of 42555
Yeah & that what turned out 2 b bogus GE piece of news that drove the mrkt into the close....now GE is sayin it was all taken oudda context....which I'm sure it was....by the media of course who ran w/it...Dow Jones Newswire, cnbc & I think Bloomberg too.

1/2 pt cut & the mrkt still trades down....indeed it makes me think that it was ysrtdy's rally that baked it all in. So w/that oudda the way now.....what else is there to keep this mrkt up? The ECB cut next week? Hardly.

Mark this post & come back & check where the dow is in say 2-3 weeks time....@ 8990 now....I'll say it'll be closer to 8K than 9k...possibly the high 7's.

OK...out on a limb now....sure hope someone has a real thick mattress down below :0


http://www.zeitgeistmovie.com/

http://www.thevenusproject.com/

"Risk comes from not knowing what you're doing."

Warren Buffet

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.