Dow up 300 points today

"hk" <payer33859.DeleteThis@mypacks.net> wrote in message
news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
> JimH wrote:
>> You gotta love it!
>>
>> Sorry Harry, your dream of a Market crash does not look like it is
>> happening.
>
> It's not my dream. My interest in economic news is mostly limited to
> whether working Americans have decent jobs and whether unsettled markets
> will hurt Republicans. There's nothing devious about my political
> positioning.
>

Not according to your posts yesterday about the Dow sliding.

The Dems are trying to promote the idea of a recession as hard as they
can...........knowing that if you repeat something enough times folks start
believing it.

This surge on the market today destroyed that image not only to the working
Americans but the world.
 >> Stay informed about: Dow up 300 points today 

JimH wrote:
> "hk" <payer33859 DeleteThis @mypacks.net> wrote in message
> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>> JimH wrote:
>>> You gotta love it!
>>>
>>> Sorry Harry, your dream of a Market crash does not look like it is
>>> happening.
>> It's not my dream. My interest in economic news is mostly limited to
>> whether working Americans have decent jobs and whether unsettled markets
>> will hurt Republicans. There's nothing devious about my political
>> positioning.
>>
>
> Not according to your posts yesterday about the Dow sliding.
>
> The Dems are trying to promote the idea of a recession as hard as they
> can...........knowing that if you repeat something enough times folks start
> believing it.
>
> This surge on the market today destroyed that image not only to the working
> Americans but the world.
>
>


The idea of a recession? Hehehe.

It's a bit more than an idea. There are many economists who believe we
are in one or on the edge of one, and will be in one by this summer.
Just in time for the elections.

The surge in the market is irrational, as is the NYSE.
 >> Stay informed about: Dow up 300 points today 

"JimH" <askme.TakeThisOut@nope.com> wrote in message
news:4797c037$0$7160$4c368faf@roadrunner.com...
>
> "hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>> JimH wrote:
>>> You gotta love it!
>>>
>>> Sorry Harry, your dream of a Market crash does not look like it is
>>> happening.
>>
>> It's not my dream. My interest in economic news is mostly limited to
>> whether working Americans have decent jobs and whether unsettled markets
>> will hurt Republicans. There's nothing devious about my political
>> positioning.
>>
>
> Not according to your posts yesterday about the Dow sliding.
>
> The Dems are trying to promote the idea of a recession as hard as they
> can...........knowing that if you repeat something enough times folks
> start believing it.
>
> This surge on the market today destroyed that image not only to the
> working Americans but the world.


Today may have been a "dead cat bounce". If the next couple of days don't
show gains with high volume all was for naught.

I don't think we've seen the last of the market decline for this cycle.
 >> Stay informed about: Dow up 300 points today 

"hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
news:I8mdnUTpM8GTXwranZ2dnUVZ_jCdnZ2d@comcast.com...
> JimH wrote:
>> "hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>> JimH wrote:
>>>> You gotta love it!
>>>>
>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>> happening.
>>> It's not my dream. My interest in economic news is mostly limited to
>>> whether working Americans have decent jobs and whether unsettled markets
>>> will hurt Republicans. There's nothing devious about my political
>>> positioning.
>>>
>>
>> Not according to your posts yesterday about the Dow sliding.
>>
>> The Dems are trying to promote the idea of a recession as hard as they
>> can...........knowing that if you repeat something enough times folks
>> start believing it.
>>
>> This surge on the market today destroyed that image not only to the
>> working Americans but the world.
>
>

> The surge in the market is irrational, as is the NYSE.
>

Then why did you try to make such a big deal of the opening bell drastic
slide yesterday?
 >> Stay informed about: Dow up 300 points today 

"D.Duck" <Don RemoveThis @ald.duck> wrote in message
news:J4KdnTNoCYHgXgranZ2dnUVZ_tSknZ2d@giganews.com...
>
> "JimH" <askme RemoveThis @nope.com> wrote in message
> news:4797c037$0$7160$4c368faf@roadrunner.com...
>>
>> "hk" <payer33859 RemoveThis @mypacks.net> wrote in message
>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>> JimH wrote:
>>>> You gotta love it!
>>>>
>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>> happening.
>>>
>>> It's not my dream. My interest in economic news is mostly limited to
>>> whether working Americans have decent jobs and whether unsettled markets
>>> will hurt Republicans. There's nothing devious about my political
>>> positioning.
>>>
>>
>> Not according to your posts yesterday about the Dow sliding.
>>
>> The Dems are trying to promote the idea of a recession as hard as they
>> can...........knowing that if you repeat something enough times folks
>> start believing it.
>>
>> This surge on the market today destroyed that image not only to the
>> working Americans but the world.
>
>
> Today may have been a "dead cat bounce".


And yestersday was just a correction.

>If the next couple of days don't show gains with high volume all was for
>naught.
>

Eh?
 >> Stay informed about: Dow up 300 points today 

JimH wrote:
> "hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
> news:I8mdnUTpM8GTXwranZ2dnUVZ_jCdnZ2d@comcast.com...
>> JimH wrote:
>>> "hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
>>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>>> JimH wrote:
>>>>> You gotta love it!
>>>>>
>>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>>> happening.
>>>> It's not my dream. My interest in economic news is mostly limited to
>>>> whether working Americans have decent jobs and whether unsettled markets
>>>> will hurt Republicans. There's nothing devious about my political
>>>> positioning.
>>>>
>>> Not according to your posts yesterday about the Dow sliding.
>>>
>>> The Dems are trying to promote the idea of a recession as hard as they
>>> can...........knowing that if you repeat something enough times folks
>>> start believing it.
>>>
>>> This surge on the market today destroyed that image not only to the
>>> working Americans but the world.
>>
>
>> The surge in the market is irrational, as is the NYSE.
>>
>
> Then why did you try to make such a big deal of the opening bell drastic
> slide yesterday?
>
>

Because I thought it would be fun. It was, and I managed to extract
..000000000000000005 quatloos out of SWTom on a bet.
 >> Stay informed about: Dow up 300 points today 

"JimH" <askme.TakeThisOut@nope.com> wrote in message
news:4797c5b0$0$7172$4c368faf@roadrunner.com...
>
> "D.Duck" <Don.TakeThisOut@ald.duck> wrote in message
> news:J4KdnTNoCYHgXgranZ2dnUVZ_tSknZ2d@giganews.com...
>>
>> "JimH" <askme.TakeThisOut@nope.com> wrote in message
>> news:4797c037$0$7160$4c368faf@roadrunner.com...
>>>
>>> "hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
>>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>>> JimH wrote:
>>>>> You gotta love it!
>>>>>
>>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>>> happening.
>>>>
>>>> It's not my dream. My interest in economic news is mostly limited to
>>>> whether working Americans have decent jobs and whether unsettled
>>>> markets will hurt Republicans. There's nothing devious about my
>>>> political positioning.
>>>>
>>>
>>> Not according to your posts yesterday about the Dow sliding.
>>>
>>> The Dems are trying to promote the idea of a recession as hard as they
>>> can...........knowing that if you repeat something enough times folks
>>> start believing it.
>>>
>>> This surge on the market today destroyed that image not only to the
>>> working Americans but the world.
>>
>>
>> Today may have been a "dead cat bounce".
>
>
> And yestersday was just a correction.
>
>>If the next couple of days don't show gains with high volume all was for
>>naught.
>>
>
> Eh?

What I meant was that if the rally today is not confirmed in the next couple
of days with more gains on high volume we're heading right back down and
probably further. High volume is key.
 >> Stay informed about: Dow up 300 points today 

"D.Duck" <Don.DeleteThis@ald.duck> wrote in message
news:5N-dndz4CdCvWwranZ2dnUVZ_gOdnZ2d@giganews.com...
>
> "JimH" <askme.DeleteThis@nope.com> wrote in message
> news:4797c5b0$0$7172$4c368faf@roadrunner.com...
>>
>> "D.Duck" <Don.DeleteThis@ald.duck> wrote in message
>> news:J4KdnTNoCYHgXgranZ2dnUVZ_tSknZ2d@giganews.com...
>>>
>>> "JimH" <askme.DeleteThis@nope.com> wrote in message
>>> news:4797c037$0$7160$4c368faf@roadrunner.com...
>>>>
>>>> "hk" <payer33859.DeleteThis@mypacks.net> wrote in message
>>>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>>>> JimH wrote:
>>>>>> You gotta love it!
>>>>>>
>>>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>>>> happening.
>>>>>
>>>>> It's not my dream. My interest in economic news is mostly limited to
>>>>> whether working Americans have decent jobs and whether unsettled
>>>>> markets will hurt Republicans. There's nothing devious about my
>>>>> political positioning.
>>>>>
>>>>
>>>> Not according to your posts yesterday about the Dow sliding.
>>>>
>>>> The Dems are trying to promote the idea of a recession as hard as they
>>>> can...........knowing that if you repeat something enough times folks
>>>> start believing it.
>>>>
>>>> This surge on the market today destroyed that image not only to the
>>>> working Americans but the world.
>>>
>>>
>>> Today may have been a "dead cat bounce".
>>
>>
>> And yestersday was just a correction.
>>
>>>If the next couple of days don't show gains with high volume all was for
>>>naught.
>>>
>>
>> Eh?
>
> What I meant was that if the rally today is not confirmed in the next
> couple of days with more gains on high volume we're heading right back
> down and probably further. High volume is key.
>

Not necessarily. The market value is probably where it should
be............the corrections have taken place and human emotions from
Monday (world market) and Tuesday morning have come and gone.

No need for continued surges to restore world confidence in the US economy.
That was shown 2 days, even though the market closed down
yesterday...........but far better than the initial 450 point drop 10
minutes after the opening bell.

The declining value of the USD can also be a blessing in disguise as our
exports will certainly benefit greatly from it.
 >> Stay informed about: Dow up 300 points today 

D.Duck wrote:
> "JimH" <askme DeleteThis @nope.com> wrote in message
> news:4797c037$0$7160$4c368faf@roadrunner.com...
>> "hk" <payer33859 DeleteThis @mypacks.net> wrote in message
>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>> JimH wrote:
>>>> You gotta love it!
>>>>
>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>> happening.
>>> It's not my dream. My interest in economic news is mostly limited to
>>> whether working Americans have decent jobs and whether unsettled markets
>>> will hurt Republicans. There's nothing devious about my political
>>> positioning.
>>>
>> Not according to your posts yesterday about the Dow sliding.
>>
>> The Dems are trying to promote the idea of a recession as hard as they
>> can...........knowing that if you repeat something enough times folks
>> start believing it.
>>
>> This surge on the market today destroyed that image not only to the
>> working Americans but the world.
>
>
> Today may have been a "dead cat bounce". If the next couple of days don't
> show gains with high volume all was for naught.
>
> I don't think we've seen the last of the market decline for this cycle.
>
>

Quarterly results are going to start occurring and that will tell the
tale of the 2008 economy.
 >> Stay informed about: Dow up 300 points today 

On Wed, 23 Jan 2008 17:56:27 -0500, "D.Duck" <Don.TakeThisOut@ald.duck> wrote:

>
>"JimH" <askme.TakeThisOut@nope.com> wrote in message
>news:4797c5b0$0$7172$4c368faf@roadrunner.com...
>>
>> "D.Duck" <Don.TakeThisOut@ald.duck> wrote in message
>> news:J4KdnTNoCYHgXgranZ2dnUVZ_tSknZ2d@giganews.com...
>>>
>>> "JimH" <askme.TakeThisOut@nope.com> wrote in message
>>> news:4797c037$0$7160$4c368faf@roadrunner.com...
>>>>
>>>> "hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
>>>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>>>> JimH wrote:
>>>>>> You gotta love it!
>>>>>>
>>>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>>>> happening.
>>>>>
>>>>> It's not my dream. My interest in economic news is mostly limited to
>>>>> whether working Americans have decent jobs and whether unsettled
>>>>> markets will hurt Republicans. There's nothing devious about my
>>>>> political positioning.
>>>>>
>>>>
>>>> Not according to your posts yesterday about the Dow sliding.
>>>>
>>>> The Dems are trying to promote the idea of a recession as hard as they
>>>> can...........knowing that if you repeat something enough times folks
>>>> start believing it.
>>>>
>>>> This surge on the market today destroyed that image not only to the
>>>> working Americans but the world.
>>>
>>>
>>> Today may have been a "dead cat bounce".
>>
>>
>> And yestersday was just a correction.
>>
>>>If the next couple of days don't show gains with high volume all was for
>>>naught.
>>>
>>
>> Eh?
>
>What I meant was that if the rally today is not confirmed in the next couple
>of days with more gains on high volume we're heading right back down and
>probably further. High volume is key.

I don't agree.

The lows were tested against the bounce - it may test again, but I
think we've found the bottom in this market.

Volume doesn't necessarily mean success - in the new paradigm, volume
is a component only - not necessarily the true measure of worth or
support.
 >> Stay informed about: Dow up 300 points today 

"Short Wave Sportfishing" <email.TakeThisOut@swsports.org> wrote in message
news:34jfp3dnmf6905tbjh5espbdn4l6os4oft@4ax.com...
> On Wed, 23 Jan 2008 17:56:27 -0500, "D.Duck" <Don.TakeThisOut@ald.duck> wrote:
>
>>
>>"JimH" <askme.TakeThisOut@nope.com> wrote in message
>>news:4797c5b0$0$7172$4c368faf@roadrunner.com...
>>>
>>> "D.Duck" <Don.TakeThisOut@ald.duck> wrote in message
>>> news:J4KdnTNoCYHgXgranZ2dnUVZ_tSknZ2d@giganews.com...
>>>>
>>>> "JimH" <askme.TakeThisOut@nope.com> wrote in message
>>>> news:4797c037$0$7160$4c368faf@roadrunner.com...
>>>>>
>>>>> "hk" <payer33859.TakeThisOut@mypacks.net> wrote in message
>>>>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>>>>> JimH wrote:
>>>>>>> You gotta love it!
>>>>>>>
>>>>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>>>>> happening.
>>>>>>
>>>>>> It's not my dream. My interest in economic news is mostly limited to
>>>>>> whether working Americans have decent jobs and whether unsettled
>>>>>> markets will hurt Republicans. There's nothing devious about my
>>>>>> political positioning.
>>>>>>
>>>>>
>>>>> Not according to your posts yesterday about the Dow sliding.
>>>>>
>>>>> The Dems are trying to promote the idea of a recession as hard as they
>>>>> can...........knowing that if you repeat something enough times folks
>>>>> start believing it.
>>>>>
>>>>> This surge on the market today destroyed that image not only to the
>>>>> working Americans but the world.
>>>>
>>>>
>>>> Today may have been a "dead cat bounce".
>>>
>>>
>>> And yestersday was just a correction.
>>>
>>>>If the next couple of days don't show gains with high volume all was for
>>>>naught.
>>>>
>>>
>>> Eh?
>>
>>What I meant was that if the rally today is not confirmed in the next
>>couple
>>of days with more gains on high volume we're heading right back down and
>>probably further. High volume is key.
>
> I don't agree.
>
> The lows were tested against the bounce - it may test again, but I
> think we've found the bottom in this market.
>
> Volume doesn't necessarily mean success - in the new paradigm, volume
> is a component only - not necessarily the true measure of worth or
> support.

Yes, but high volume "together" with rising prices will make me feel a lot
better. I sure hope the rumored "stimulus" package packs enough teeth to
help get out of this current mess.

I believe the part announced today, helping those with mortgage problems, is
a bigger lift than the 800 bux or whatever to every tax payer. If the plan
works, some of the naysayers around here will probably be very unhappy.

Maybe the banking regulators will take something away from this credit mess
and instill some regulations that won't allow this to happen again. Of
course there will always be some new and improved method to get us in
trouble.
 >> Stay informed about: Dow up 300 points today 

On Wed, 23 Jan 2008 23:24:38 GMT, Short Wave Sportfishing
<email.TakeThisOut@swsports.org> wrote:

>The lows were tested against the bounce - it may test again, but I
>think we've found the bottom in this market.

If past is prologue, and it usually is, the only way we'll now the
true bottom is well after it has happened. Although today's market
looked a lot like a classic capitulation bounce, it would mark one of
the shortest bear markets in history if so. I'm inclined to think
there is still more bad news lurking out there, and that today's
action was just a speed bump on the road downward.
 >> Stay informed about: Dow up 300 points today 

On Wed, 23 Jan 2008 23:24:38 GMT, Short Wave Sportfishing
<email RemoveThis @swsports.org> wrote:

>On Wed, 23 Jan 2008 17:56:27 -0500, "D.Duck" <Don RemoveThis @ald.duck> wrote:
>
>>
>>"JimH" <askme RemoveThis @nope.com> wrote in message
>>news:4797c5b0$0$7172$4c368faf@roadrunner.com...
>>>
>>> "D.Duck" <Don RemoveThis @ald.duck> wrote in message
>>> news:J4KdnTNoCYHgXgranZ2dnUVZ_tSknZ2d@giganews.com...
>>>>
>>>> "JimH" <askme RemoveThis @nope.com> wrote in message
>>>> news:4797c037$0$7160$4c368faf@roadrunner.com...
>>>>>
>>>>> "hk" <payer33859 RemoveThis @mypacks.net> wrote in message
>>>>> news:OsOdnah9Lc0MJwranZ2dnUVZ_uDinZ2d@comcast.com...
>>>>>> JimH wrote:
>>>>>>> You gotta love it!
>>>>>>>
>>>>>>> Sorry Harry, your dream of a Market crash does not look like it is
>>>>>>> happening.
>>>>>>
>>>>>> It's not my dream. My interest in economic news is mostly limited to
>>>>>> whether working Americans have decent jobs and whether unsettled
>>>>>> markets will hurt Republicans. There's nothing devious about my
>>>>>> political positioning.
>>>>>>
>>>>>
>>>>> Not according to your posts yesterday about the Dow sliding.
>>>>>
>>>>> The Dems are trying to promote the idea of a recession as hard as they
>>>>> can...........knowing that if you repeat something enough times folks
>>>>> start believing it.
>>>>>
>>>>> This surge on the market today destroyed that image not only to the
>>>>> working Americans but the world.
>>>>
>>>>
>>>> Today may have been a "dead cat bounce".
>>>
>>>
>>> And yestersday was just a correction.
>>>
>>>>If the next couple of days don't show gains with high volume all was for
>>>>naught.
>>>>
>>>
>>> Eh?
>>
>>What I meant was that if the rally today is not confirmed in the next couple
>>of days with more gains on high volume we're heading right back down and
>>probably further. High volume is key.
>
>I don't agree.
>
>The lows were tested against the bounce - it may test again, but I
>think we've found the bottom in this market.
>
>Volume doesn't necessarily mean success - in the new paradigm, volume
>is a component only - not necessarily the true measure of worth or
>support.

Additionally, if they do this mortgage insurer/mortage refi plan that
was rumored today as part of the "stimulus" package, it's all over but
the shouting.

Hopefully, the Terrible Trio of Bush, Pelosi and Reid will together to
get it done and quickly.
 >> Stay informed about: Dow up 300 points today