Stimulus plan passes congress; Black Tuesday.

[paul888888]

everything is getting worse

 

[Allen3]

Here you go Tradin. Hope it attaches.

 

[ess1096]

Quote from Allen3:

................................. I've always had a picture of the 1929- 32 chart ................................................ I don't think they had a lot of rally's to the 200 MA during that time.

You are right. Rallied to the 200 day in 1930, then didn't touch it again until the breakout in 1932.

 

[Allen3]

Thanks for the confirmation ess.

 

[CoralReef]

The stimucrap bill passing was a forgone conclusion. No news here. What makes you think the market hasn't already priced it in?

 

[Lucrum]

Quote from cstfx:

Look to the overseas markets Sun/Mon to see where we are going before your begin to predict Tuesday's action...

Sound wisdom.

 

[CoralReef]

Quote from cstfx:

Look to the overseas markets Sun/Mon to see where we are going before your begin to predict Tuesday's action. Don't automatically assume that this debt increase will prompt a steep sell-off when we resume trading on Tues.

US markets lead right?

 

[reno4nook]

While bank stocks are in the toilet, the Semis have shown strength.

The Semi index closed Friday at its highest level relative to the S&P since Oct08.

We're probably stuck in a trading range until the jobs numbers get better.

That's a boring prediction i know --
but thats what the charts are telling me.

 

[cstfx]

Quote from CoralReef:

US markets lead right?

No.

When the US sneezes the world does not automatically catch a cold. It hasn't been this way in years.

 

[TradinMadMan]

Quote from Allen3:

Here you go Tradin. Hope it attaches.

Thanks, Allen3.