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chainik

10/13/08 9:51 PM

#131377 RE: ajtj99 #131368

Faber casually mentioned a rally into March (good news).
Bad news: next step is bankruptcy of US Government :)

http://www.bloomberg.com/news/av/

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jdaasoc

10/13/08 10:17 PM

#131379 RE: ajtj99 #131368

Majority of volume Friday and today is program trading where house has unlimited access to more chips to raise the ante on anyone selling out.

Can you comment on possibility that if FED buys equity stocks that it got to be held in cash account which should dry up any marginable/borrowable shares to sell short.


Naz up volume is 97%.

Nothing stopping this market IMO from retracing 80% of decline if up volume is 97%.