nadinbrzezinski
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Fri Oct-10-08 11:53 AM
Original message |
| Ok the DOW has maintained for half an hour |
| -Ok the DOW has maintained for half an hour |
nadinbrzezinski |
Oct-10-08 11:53 AM |
#0 |
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No, yesterday was here or higher... |
originalpckelly |
Oct-10-08 11:54 AM |
#1 |
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Yep. Between two and four.. |
bemildred |
Oct-10-08 11:57 AM |
#7 |
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No... |
Juniperx |
Oct-10-08 11:54 AM |
#2 |
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And this is Friday, when traders don't want to keep the bags |
question everything |
Oct-10-08 11:56 AM |
#6 |
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they said on the news the last hour is the hour to watch nt |
marlakay |
Oct-10-08 11:54 AM |
#3 |
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It has been for a few.... |
nadinbrzezinski |
Oct-10-08 11:57 AM |
#8 |
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Too early to say, but I hope we're mostly through the selloff phase. |
Occam Bandage |
Oct-10-08 11:55 AM |
#4 |
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Who knows? Somebody this AM said they believed the floor was 8,200. |
napi21 |
Oct-10-08 11:55 AM |
#5 |
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This looks like a short term bottom |
gravity |
Oct-10-08 11:59 AM |
#9 |
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heh. Funny how our expectations have lowered. |
phantom power |
Oct-10-08 11:59 AM |
#10 |
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I believe the support level is 7800-8400 |
Juniperx |
Oct-10-08 11:59 AM |
#11 |
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This is how positive I am about this... it will reach the level it came down from |
nadinbrzezinski |
Oct-10-08 12:01 PM |
#14 |
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I think the huge bounce indicated we don't have a floor |
NYCALIZ |
Oct-10-08 11:59 AM |
#12 |
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Agreed. Bargain seekers are feeling out the market |
TornadoTN |
Oct-10-08 01:06 PM |
#39 |
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Jinx! |
jayfish |
Oct-10-08 12:00 PM |
#13 |
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Well we need to find a floor SOMETIME? |
nadinbrzezinski |
Oct-10-08 12:02 PM |
#15 |
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You've Got Some Strong Mojo There NB. |
jayfish |
Oct-10-08 03:06 PM |
#73 |
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Don't we have the auctions at 2pm? |
Mojorabbit |
Oct-10-08 12:06 PM |
#16 |
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I think, don't quote me here, that we already did |
nadinbrzezinski |
Oct-10-08 12:17 PM |
#17 |
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Ayup...slight bounce up after uncertainty was removed but falling again |
Roland99 |
Oct-10-08 01:45 PM |
#55 |
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Who knows? |
cwilheim |
Oct-10-08 12:26 PM |
#18 |
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I am expecting a deep recession not quite a depression |
nadinbrzezinski |
Oct-10-08 12:31 PM |
#19 |
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It just hit -478.77. There is no floor. |
tuckessee |
Oct-10-08 12:37 PM |
#20 |
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OMG. This is just amazing! I remember when it crahsed in '87. |
mycritters2 |
Oct-10-08 12:39 PM |
#21 |
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WEEEE!!!!!!!!!! |
nadinbrzezinski |
Oct-10-08 12:39 PM |
#22 |
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I wish it had found the floor as well. |
tuckessee |
Oct-10-08 12:47 PM |
#26 |
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I think they have priced in major non real-estate deflation already, so there's room for |
Kurt_and_Hunter |
Oct-10-08 12:39 PM |
#23 |
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7,400 or lower |
seemslikeadream |
Oct-10-08 12:40 PM |
#24 |
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I subscribe to this formula: Only when all the bad news is out will a floor be established... |
Blackhatjack |
Oct-10-08 12:40 PM |
#25 |
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That sounds sensible. nt |
Kristi1696 |
Oct-10-08 12:52 PM |
#30 |
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Paulson was hinting yesterday that more banks will fall.. |
Virginia Dare |
Oct-10-08 01:31 PM |
#52 |
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It is inaccurate to say banks won't lend because they don't know about other banks... |
Blackhatjack |
Oct-10-08 01:44 PM |
#54 |
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That makes sense... |
Virginia Dare |
Oct-10-08 01:50 PM |
#57 |
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dupe.. |
Virginia Dare |
Oct-10-08 01:50 PM |
#58 |
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exactly |
Two Americas |
Oct-10-08 02:53 PM |
#72 |
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Nadin? Have You Read anything from Ravi Batra? |
fascisthunter |
Oct-10-08 12:48 PM |
#27 |
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Yes, and he's been off by a couple decades |
nadinbrzezinski |
Oct-10-08 12:54 PM |
#31 |
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Really? Thom Hartmann Doesn't Seem to think so... |
fascisthunter |
Oct-10-08 01:20 PM |
#45 |
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I read his book the coming depression of 1990... as I said he's been off |
nadinbrzezinski |
Oct-10-08 01:23 PM |
#48 |
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End of the day will certainly tell some of the story..... |
gopbuster |
Oct-10-08 12:49 PM |
#28 |
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They tried |
nadinbrzezinski |
Oct-10-08 12:55 PM |
#33 |
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Just dipped below 8,000. |
Kristi1696 |
Oct-10-08 12:51 PM |
#29 |
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It is normal to re-test the area of support...so expect it. n/t |
gopbuster |
Oct-10-08 12:54 PM |
#32 |
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I hate to think about my parents at this point |
nadinbrzezinski |
Oct-10-08 12:56 PM |
#34 |
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Floor at 8000... talking head on the teevee |
nadinbrzezinski |
Oct-10-08 01:01 PM |
#35 |
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But what is that floor based on? |
Kristi1696 |
Oct-10-08 01:05 PM |
#37 |
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It is testing a bottom |
nadinbrzezinski |
Oct-10-08 01:07 PM |
#40 |
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The bankers need to be the ones welcoming regulation if they were thinking logically |
TornadoTN |
Oct-10-08 01:08 PM |
#41 |
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Not at least for a couple generations |
nadinbrzezinski |
Oct-10-08 01:24 PM |
#49 |
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I'm pretty sure we break 8000 |
anigbrowl |
Oct-10-08 01:11 PM |
#42 |
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The floor won't be found in just one day |
TornadoTN |
Oct-10-08 01:04 PM |
#36 |
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This is true...time to set a new trading range could take a while. n/t |
gopbuster |
Oct-10-08 01:18 PM |
#44 |
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It seems to be testing |
nadinbrzezinski |
Oct-10-08 01:20 PM |
#46 |
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I think we are just basically in limbo for now. nt |
gopbuster |
Oct-10-08 01:22 PM |
#47 |
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VIX is at 74. |
girl gone mad |
Oct-10-08 01:05 PM |
#38 |
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All bets are off then...we're into irrational territory now |
anigbrowl |
Oct-10-08 01:12 PM |
#43 |
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I just read an article regarding the rising VIX |
Lone_Star_Dem |
Oct-10-08 01:27 PM |
#50 |
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thanks. n/t |
girl gone mad |
Oct-10-08 01:31 PM |
#53 |
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We MIGHT be seeing a thaw in the credit markets... talking head on the TEeevee |
nadinbrzezinski |
Oct-10-08 01:28 PM |
#51 |
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Yes, a floor is technically the point at which the market |
BuyingThyme |
Oct-10-08 01:46 PM |
#56 |
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She brought out some discussion nothing wrong with that. :) n/t |
gopbuster |
Oct-10-08 02:17 PM |
#60 |
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Witching hour is here |
nadinbrzezinski |
Oct-10-08 02:05 PM |
#59 |
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Hell of a recovery |
nadinbrzezinski |
Oct-10-08 02:23 PM |
#61 |
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If it doesn't tank before the close, I'll be impressed. |
Kristi1696 |
Oct-10-08 02:27 PM |
#64 |
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No, we're still in the basement. n/t |
greguganus |
Oct-10-08 02:24 PM |
#62 |
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The market's been totally squerrelly today - now UP to only 80 down |
Husb2Sparkly |
Oct-10-08 02:25 PM |
#63 |
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I have hope we may finish in the black today |
spinbaby |
Oct-10-08 02:28 PM |
#65 |
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We will |
nadinbrzezinski |
Oct-10-08 02:38 PM |
#69 |
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Somebody wants to serve that crow |
nadinbrzezinski |
Oct-10-08 03:38 PM |
#80 |
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Plunge Protection Team |
BrainStorm |
Oct-10-08 02:28 PM |
#66 |
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I'm sure it was them who put the stop in this AM at least..my guess. |
gopbuster |
Oct-10-08 02:31 PM |
#68 |
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Its probably come up in anticipation of the G-7 miracle fix. n/t |
gopbuster |
Oct-10-08 02:30 PM |
#67 |
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The fix ain't what they expect |
nadinbrzezinski |
Oct-10-08 02:39 PM |
#70 |
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Historical close showing 8475 area right at the historical 200 monthly Moving average |
gopbuster |
Oct-10-08 03:06 PM |
#74 |
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I am betting on a deep recession |
nadinbrzezinski |
Oct-10-08 03:21 PM |
#76 |
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Unfortunately I think so too Nadin...severe slowdown and maybe I should |
gopbuster |
Oct-10-08 03:25 PM |
#78 |
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12 T... it took a 1T to get out of the depression |
nadinbrzezinski |
Oct-10-08 03:37 PM |
#79 |
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Yikes! n/t |
gopbuster |
Oct-10-08 03:57 PM |
#81 |
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Go ahead, call me Mrs Sunshine |
nadinbrzezinski |
Oct-10-08 04:03 PM |
#83 |
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Obama announces small business plan and Dow is up to +90. |
darkism |
Oct-10-08 02:40 PM |
#71 |
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Dow has finished the day -112.55. Floor may be near but not quite there yet. |
Selatius |
Oct-10-08 03:11 PM |
#75 |
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Well will know tuesday if we are now at the floor |
nadinbrzezinski |
Oct-10-08 03:23 PM |
#77 |
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True, but it was much, much lower earlier. And the Nasdaq is slightly up. |
Unvanguard |
Oct-10-08 03:59 PM |
#82 |
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I'm not gonna say we're out of the woods yet until full Quarter 3 results are known. |
Selatius |
Oct-10-08 04:32 PM |
#84 |
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