Markets gain traction, page 1
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reply posted on 18-10-2008 @ 05:09 AM by Nineteen
reply to post by all2human


Stock values are ridiculously low and below intrinsic values in many cases, but they are ruled first and foremost by emotions. We're a fickle lot, but it does get to a point, if you have held your shares throughout the turmoil, that it would be absolutely stupid to sell at this point in panic or switch your superannuation investments into some other investment. For those who cashed in earlier then the risk of buying now is in fact lower than when the markets were roaring higher. When the market does turn it will be swift and frenetic.


reply posted on 18-10-2008 @ 10:43 AM by all2human
online.wsj.com...
Dow Has Biggest Weekly Gain Since 2003...
I wouldn't be surprised at all if we saw a very big rally Monday,


[edit on 18-10-2008 by all2human]


reply posted on 18-10-2008 @ 12:01 PM by Rockpuck
reply to post by all2human


-40% drop from the DOW High would, imo, suffice as an appropriate correction.

Now the long term health of the markets lies in the hands of how October will be effected.. which we don't find out till next month ..

Only then will we see what the credit freeze did to the economy.. I imagine it will be one hell of a report.


reply posted on 20-10-2008 @ 09:21 AM by all2human
www.reuters.com...
Wall Street extends gains on energy, Bernanke
Big rally today

[edit on 20-10-2008 by all2human]


reply posted on 20-10-2008 @ 09:34 AM by marg6043
reply to post by St Udio


As usual you are correct, this morning the first thing that came out of the mouth of the markets "experts" is that the "good look a like fortune of the markets" is indeed do to foreign infusions as US keep promising the big give away to those that are helping America.

Anyway as usual the "core problem of the America economic woes and the one the is not going away the mortgage problems and the millions of foreclosures and the unemployment problems has not been addressed fully as our corporate and corrupted ridden government is concentrating on the wealthy of the world first", but as usual there comes Bernanke to talk on how good and great everything is looking.

A star for you my friend.

Now for the credit freeze is stil frozen and people are finding harder to get loans at local level but then again even with better than perfect score can not get loans either.

[edit on 20-10-2008 by marg6043]


reply posted on 20-10-2008 @ 09:55 AM by all2human
biz.yahoo.com...
STOCKS STAY UP...
fingers crossed on big market gains= good for all of us ,but in the long-term not-so good.


[edit on 20-10-2008 by all2human]

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