Stock Market Rally

[43st]

Originally posted by: JLee
This is probably about the time I should get into the stock market..

Go for it!! I'm right behind you.

 

[dud]

What are you smoking? I went over to CNN and was greeted with this:

"Stocks tumble at open -- Dow sinks more than 500 points in first 5 minutes of trading."

Please tell us what you're on so we can get some ... it seems to be good at making you oblivious to reality.

 

[JohnCU]

it's coming back

 

[Engineer]

Originally posted by: JohnCU
it's coming back

Filling the gap so it can continue it's nice, orderly decline?

 

[akshatp]

Wow what a crazy first hour. Started down 400, dropped as low as -700 (maybe more)... Back up to only down 150, now back down 300 and dropping fast!!!

 

[Nitemare]

Originally posted by: akshatp
Wow what a crazy first hour. Started down 400, dropped as low as -700 (maybe more)... Back up to only down 150, now back down 300 and dropping fast!!!

wait til Bush talks, it will drop even more then

 

[Riverhound777]

My company is excited about all this chaos. All of our principles are hoping it goes down even more. I don't quite understand it all, but if they are happy, than they must know they will make butt loads of cash later, so i'm happy. Plus I haven't gotten around to investing any of my money yet, so mine is sitting in cash earning interest.

 

[amdskip]

My stock is up today thus far, go stock go!

 

[aldamon]

Green!!!

 

[JohnCU]

damnnnn from down 700 to up 50

 

[rudeguy]

Originally posted by: JohnCU
damnnnn from down 700 to up 50

sounds like the market is on a coke binge!

 

[ViRGE]

Originally posted by: rudeguy

Originally posted by: JohnCU
damnnnn from down 700 to up 50

sounds like the market is on a coke binge!

It's a contact high from all of the brokers.

 

[darkxshade]

the opening tumble could be the result of a ton of panic sell orders placed after the close yesterday and excuted at market open... I imagined it should rebound or trade flat at the end of the day. The dow plunging over 500 2 days in a row after what has already happened would be ridiculous.

 

[Rudee]

When people stop shorting and start buying things will improve.

 

[wwswimming]

Originally posted by: akshatp
Wow what a crazy first hour. Started down 400, dropped as low as -700 (maybe more)... Back up to only down 150, now back down 300 and dropping fast!!!

3 minutes after opening, the Dow was down 9.7 %.

 

[aldamon]

Let's go green! Let's go green!

 

[Mr Pickles]

Give me an S!

 

[thirtythree]

Originally posted by: Mr Pickles
Give me an S!

S!



I think it's really working, guys.

EDIT: Give me a T? Thought shouldn't we be spelling RALLY?

 

[aldamon]

Greeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeen: Yes.

30 minutes to go: Nooooooooooooooooooooooooooooooo.

 

[oddyager]

wow, i'm getting nauseous by the up and down rollercoaster ride the DOW is taking us on.

 

[thirtythree]

Originally posted by: oddyager
wow, i'm getting nauseous by the up and down rollercoaster ride the DOW is taking us on.

It you take it day by day the last week has been pretty consistent. Perhaps that'll calm your stomach. (Hint: It's been going down.)

 

[goog40]

Wow, what a rally.

 

[ponyo]

Originally posted by: goog40
Wow, what a rally.

If this holds, it could lead to mother of all rallies next week. This is textbook bottom setup. But let's finish strong first. We still have 30 minutes left.

 

[thirtythree]

Let's pray guys. "There are no atheists in bear markets."

 

[vi edit]

Originally posted by: Naustica

Originally posted by: goog40
Wow, what a rally.

If this holds, it could lead to mother of all rallies next week. This is textbook bottom setup. But let's finish strong first. We still have 30 minutes left.

So you are thinking that there's a lot of bottom feeders pumping the buying volume and trying to turn a quick buck only to turn around next week and cash out?

This past week is just almost surreal.