Dow to 12000 by March?

#3
#3
Me too. Beats the crap out of being a drunk and depressed (no to mention half broke) man, doesn't it?:dance2:
 
#9
#9
I really don't care where he got the number, we have to crack the ice on optimism at some point.
Posted via VolNation Mobile
 
#10
#10
BigPapaVol said:
I really don't care where he got the number, we have to crack the ice on optimism at some point.
Posted via VolNation Mobile
Click to expand...

Agreed, I think that's a big part of it. There's alot of $$$ setting on the sidelines just waiting to be put in use.
 
#15
#15
James Glassman lost all credibility after the dotcom bust with this book...

dow_36000_1.png
 
#16
#16
Once the dow gets comfortably into 10-11k, I'll be cashing out and buying (still depressed) real estate.

Thats my true comfort zone.
 
#19
#19
That would be really great. Its said that the market leads the economy by 3 to 6 months so it is possible that we are rallying by then as we move out of this housing funk by the summer. Just an fyi that's a 50% move in a 3 month span so maybe more like 10k or 11k imo
Posted via VolNation Mobile
 
#20
#20
does he mean 1200? it's a little over 8000 now. 4000 increase by march and i'll kiss Hussein O's pictures.
 
#21
#21
New SEC Chairwoman going to bring back the uptick rule?


http://www.nytimes.com/2009/01/16/business/economy/16sec.html?_r=2

And she said she was committed to quickly examining whether to restore the uptick rule, which was repealed by the commission in 2007. The rule prohibits short-sellers, who borrow stock and sell it in the hope of making a profit when it declines, from trading on shares when they are declining.
Click to expand...
 
#22
#22
#24
#24
VolsNSkinsFan said:
New SEC Chairwoman going to bring back the uptick rule?


http://www.nytimes.com/2009/01/16/business/economy/16sec.html?_r=2
Click to expand...

I'm all for reinstating it.

Wasn't there also a temporary ban on shorting the financials a few months back?

No problems with people making some $ shorting, but if it gets to the point that its helping to bring a sector...especially the financial sector...to it's knees, then the SEC should temporarily ban it.

I bought some faz (3x financial bear) a few weeks back and did well. The entire time I owned it I felt like sh!!t, though.

This economy won't recover until the banks do.


And yes, 12k seems like a looooooong ways away.
 
#25
#25
swampvol said:
I'm all for reinstating it.

Wasn't there also a temporary ban on shorting the financials a few months back?

No problems with people making some $ shorting, but if it gets to the point that its helping to bring a sector...especially the financial sector...to it's knees, then the SEC should temporarily ban it.

I bought some faz (3x financial bear) a few weeks back and did well. The entire time I owned it I felt like sh!!t, though.

This economy won't recover until the banks do.


And yes, 12k seems like a looooooong ways away.
Click to expand...

naked short selling is bad, shorting to close a position is just smart investing
 
New posts
You must log in or register to reply here.
Advertisement

Back
Top