I Have Not Been Able To Exclude The Possibility Of BLACK MONDAY 04/26

[shortie]

http://www.marketfolly.com/2010/04/sell-in-may-and-go-away-jeff-saut-says.html

"...$10K investment in the DJIA purchased in Nov and sold in Apr grows to ~480K, while the same strat employed between May-Oct shows a loss of ~$328 (1950-2003 data)... "

 

[S2007S]

Get ready for the late afternoon push higher, when the indexes stay flat for the first 5 hours of the trading day it means another push higher into the close.

 

[Petsamo]

No Black Monday today. Indexes are unchanged so far.

 

[shortie]

Quote from Petsamo:

No Black Monday today. Indexes are unchanged so far.

you sound disappointed

 

[noddyboy]

Quote from shortie:

you sound disappointed

Don't taunt...you got your black monday. This is as black as it will be.

 

[shortie]

Quote from noddyboy:

Don't taunt...you got your black monday. This is as black as it will be.

Hehehe, eventually -0.3% drop today will be discussed in textbooks as "the last big drop of XXI century"

 

[shortie]

if I remember correctly, historically FED day ~+0.3%. will today's losses be gone by OED Wed?

today -0.4%

 

[Free Thinker]

Quote from shortie:

Hehehe, eventually -0.3% drop today will be discussed in textbooks as "the last big drop of XXI century"

there is hope for you bears. as soon as this earnings season is done there will be little positive newsflow to bull stocks. there is a good chance of a nice pullback at that time.

 

[noddyboy]

Quote from shortie:

if I remember correctly, historically FED day ~+0.3%. will today's losses be gone by OED Wed?

today -0.4%

I am predicting at least -1% this week. However, next two weeks will be up 2%.

 

[shortie]

Quote from noddyboy:

I am predicting at least -1% this week. However, next two weeks will be up 2%.

we have a genius here: predicts -1% for the week AFTER the market went -0.4% on Mon.