Originally posted by Jim Smith
The Bear Case
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Once again, the painters stepped up to the plate and rallied the Dow 10 points in the final 3 min. of trading to close the Dow over 11500 just barely.
(11500.73) In case you are not familiar with the term "painters" this is Wall Street lingo for marking up stocks late to make the market look better than it is. The fact they were able to hold the Dow up for 50 min. since the first buy program hit with the Dow down 160pts at 3.10 could bode well for tomorrow.
Just have to see how it plays out, but clearly tomorrow's action will prove more important than the one day drop today.
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Originally posted by NY4EverMonth to date:
The Dow is up 210 points (1.8%)
The SPX is up 15 points (1.1%)
The Naz is up 20 points (.8%)
The Dow is also only 173 points (1.5%) away from a new ATH. Not looking good for a bear case.>>
Dow down 112 S & P 12 Nasdaq 38 today thus far. Not looking good for the BULL.
Regards,
KarelMy Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)
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<< The first part of the quote in this message, up to the ">>", is not from NY4Ever, but from some unspecified person. >>
The first part of the quote is mine, Karel. And you'll have to excuse me, I laughed so hard I squirted soda out of my nose when I read your post! <VBG>
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Originally posted by KarelI really think NY4Ever and DSteckler are the same peroson. They are the only two people on this board who can't find the quote button. The first part of the quote in this message, up to the ">>", is not from NY4Ever, but from some unspecified person.
Regards,
Karel
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Originally posted by LyehopperKenny Rogers had the best roasted chicken in the history of mankind. I can't understand why he went out of business.
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Originally posted by KarelI really think NY4Ever and DSteckler are the same peroson. They are the only two people on this board who can't find the quote button. The first part of the quote in this message, up to the ">>", is not from NY4Ever, but from some unspecified person.
Regards,
KarelBEEF!... it's whats for dinner!
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Originally posted by LyehopperMaybe Dave Steckler and NY4Ever are Lovers like The Stock Boy and Adman?.... Naaaaa.... couldn't be.... they quarrel too much.... uhhhhhh.... quarreling?, not using the "quote" button?.... Both from AOL?.... both big time NYC stock broker types?..... so much in common.... SAY IT AIN't SO FELLAS!!!!! SAY IT AIN"T SOOOOOOOO!BEEF!... it's whats for dinner!
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Originally posted by sisterwin2Yes.... I think your right. I knew it did ring a bell but was sure Kenny was a country singer.
MAN do I ever miss Kenny Roger's Roasters! FELLAS!?.... What happen to KENNY!!!!?...... KeeeeeeenY....?...... KeeeeeenY....?BEEF!... it's whats for dinner!
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Originally posted by Jim SmithJimmy Rogers predicts a US recession in 2007"Trade What Is Happening...Not What You Think Is Gonna Happen"
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