stimulus passed..HUGE MOVES: sunday/monday in forex and futures & tues in stock marke

increasenow · Feb 14, 2009

stimulus passed..HUGE MOVES: sunday/monday in forex and futures & tues in stock market...what do you think?..I think september-november 08 type moves are ahead this week...you agree?

Daal · Feb 14, 2009

I dont think the market was thinking the package was a underdog to be passed. It just cuts off some small chance of no passing but I dont think its a big deal

R. Raskolnikov · Feb 14, 2009

I wouldn't be surprised if we had a 1000 pt Dow down day in the near future.

S2007S · Feb 14, 2009

Quote from R. Raskolnikov:

I wouldn't be surprised if we had a 1000 pt Dow down day in the near future.

Dow 7000 is my short term target.

Cdntrader · Feb 14, 2009

Quote from increasenow:

stimulus passed..HUGE MOVES: sunday/monday in forex and futures & tues in stock market...what do you think?..I think september-november 08 type moves are ahead this week...you agree?

stimulus=non event

increasenow · Feb 14, 2009

Quote from Cdntrader:

stimulus=non event

how can you even say that..it is huge event

elguapo · Feb 14, 2009

non event. everyone i knew was hoping it wouldn't...wanted to get a nice little surprise and hope for another month like oct/nov.

andrewbee · Feb 14, 2009

Quote from increasenow:

how can you even say that..it is huge event

It's already been priced in. The market basically yawned when it passed the House yesterday.

Kevmeister · Feb 14, 2009

Quote from increasenow:

how can you even say that..it is huge event

LOL. Did you HONESTLY believe it wouldn't get passed??????

Do you HONESTLY believe the market hasn't already priced this in???????????

LOL

loufah · Feb 14, 2009

The market will sell the news.

Actually, the market may hold steady on Tuesday because of the impending announcement on Wednesday about the mortgage bailout.

Then the market will sell that news.