Market Should Have Strong Rally This Week

well,guess the news wasnt great...Does this selloff have legs or a 1 day event?I think a 1 day event.Tomorrow is big 3 meeting with congress.I think they have to come up with something workable for them or the market will get slaughtered.I doubt congress wants to let them die and the big 3 ceos have been working with congress behind the scenes to make some workable plan that both sides can swallow...
 
Quote from dsq:

Everybody's expecting a pullback?I see a move to 9500 and perhaps 10k.
Momentum is strong and market acted very bullish even tho it was a holiday week.MArket just had a very bullish and positive bias to it.They are tired of selling it.The market mood changed last week.They want to rally it hard now.
The decent black friday sales will be the impetus.If the market doesnt rally hard on monday then yeah,the market will retrace the recent gains.
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BIG O U C H ! ! !

For 2008 Just stay SHORT, and stay OFTEN!!!!!!!!!!! :cool:
 
Institutions are accumulating. Market action today so far is impressive from a medium term Bulls point of view - i.e. several months. Will be accumulating more today if price/volume information supports a buy. So far it does.

Rich
 
Quote from mister_doodi:

Obama is speaking again, get ready to press your sell button.
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FRIDAY was the low volume day to sell....ES 892.00 on up was a NET sellers area!!! :cool:
 
Quote from stock_trad3r:

just buy all dips and make $$

the bottom was made 2 weeks ago.
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Dude, no offence, but seriously, what are you smoking? Or were you dropped as a child?
 
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