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FTSE100, nice bounce today
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S&P looking a little tired up here, if we give this back before the close, look out tomorrow.
Good sign (unless you are short:D) it climbed into the close and finished on a high :j'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Good sign (unless you are short:D) it climbed into the close and finished on a high :j
Yep close at the highs, significant increase in volume, although a lot of that will be short covering, hard to tell how much is new buying. Good breadth with 13 stocks up for every 1 down. We did break out of the down channel that has been in place since early last month, slight resistance in the mid 720's then the real test will be if we can close above the November lows again at 742, could be an interesting week after all.
Funny I did short the gap ahead of the open, got blew out of that pretty quick :eek:Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0 -
Yep, fingers crossed it's not a blip. at this rate we could see gold at $2000 an ounce by the summer.
Liquidity is when you look at your investment portfolio and **** your pants0 -
Looks like they are looking to reintroduce the uptick rule.
http://www.telegraph.co.uk/finance/markets/4969267/Citigroup-and-ban-on-short-sellers-start-bear-market-rally.html'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Looks like they are looking to reintroduce the uptick rule.
http://www.telegraph.co.uk/finance/markets/4969267/Citigroup-and-ban-on-short-sellers-start-bear-market-rally.html
Yes, saw that, Barney Frank to the rescue
Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0 -
Definately more to go this week. We are in for a nice upwards rally this week.0
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I heard it referred to as a "Fools rally" AKA "Bear market sucker rally" by a financial expert on radio 4 this morning, my guess is he was rightEight out of ten owners who expressed a preference said their cats preferred other peoples gardens0
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I heard it referred to as a "Fools rally" AKA "Bear market sucker rally" by a financial expert on radio 4 this morning, my guess is he was right
A bear market ralley can be very profitable :beer: so he is the fool if he misses out 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
a "Fools rally" AKA "Bear market sucker rally"
More often that not, the 'Fool' and the 'Sucker' is the one who is too narrow minded to profit from the Bear Market Rally !!!!!'In nature, there are neither rewards nor punishments - there are Consequences.'0
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