Sounds like another move lure in more retail bulls into market, so they can steal their money again. I don't think the market will be so quick to jump the gun and rally 400 points again, like they did the last time a bailout plan was made.
Borrow from the taxpapers, and give it to rich again. The people of the world are waking up to the scams. I think it will fail to save the market from another big down month.
Hello RDL. Came across your site not too long ago. Good stuff here! Tell seeker401 that FTM said hello.
What is your guys take on this story? The “shock and awe” financial rescue package from the European Union and the International Monetary Fund will total euro750 billion ($1 trillion) – money that can be lent to any indebted eurozone nation risking default, and intended to counter investor fears that Spain, Portugal or others could follow Greece in requiring a bailout to meet debt repayments. http://apnews.myway.com/article/20100607/D9G6KE… -FTM
In fact, the marine population, still hasn't moved to pre-Valdez levels–It's still the same, 3 decades later. btw, there's enough toxicity in the Gulf, to kill all the marine life. Hopefully, they are wrong about this. Just has to play out.
Bring on 990! Good post Red =)
Have to give hope to the bulls before the rug gets pulled from underneath.
Sounds like another move lure in more retail bulls into market, so they can steal their money again. I don't think the market will be so quick to jump the gun and rally 400 points again, like they did the last time a bailout plan was made.
Borrow from the taxpapers, and give it to rich again. The people of the world are waking up to the scams. I think it will fail to save the market from another big down month.
Hello RDL. Came across your site not too long ago. Good stuff here! Tell seeker401 that FTM said hello.
What is your guys take on this story? The “shock and awe” financial rescue package from the European Union and the International Monetary Fund will total euro750 billion ($1 trillion) – money that can be lent to any indebted eurozone nation risking default, and intended to counter investor fears that Spain, Portugal or others could follow Greece in requiring a bailout to meet debt repayments. http://apnews.myway.com/article/20100607/D9G6KE… -FTM
Drive the Pacheco pass and Western Wy.
they do not work
There was a report on FOX news this am that had one of the chief scientist that supervised the clean up of valdez and he disagrees.
In fact, the marine population, still hasn't moved to pre-Valdez levels–It's still the same, 3 decades later.
btw, there's enough toxicity in the Gulf, to kill all the marine life.
Hopefully, they are wrong about this. Just has to play out.
Did you all notice the 20sma crossed the 200 on spy today. not as significant as the 50 crossing but its directional.
i am a little bummed we did not close below 1044 just to put the bulls to rest.
It was refreshing to see this kind of move on light volume before I would get nervous. Looks like this is just a sign of more things to come.
You got that right!