The Fed did it, calm returning to the market

The Kin2 · Jan 22, 2008

Looks like we're gonna stablize around 11,650, and global indicies are already back into the green. Black Tuesday has been averted due to quick action by the Fed. Time to go long!

Thermactor · Jan 22, 2008

not so fast dude

KrispyKreme50 · Jan 22, 2008

Markets seem headed up this morning but 5 percent is alot of ground to cover.

spyderman · Jan 22, 2008

like giving Heroin to an addict!

nutmeg · Jan 22, 2008

KrispyKreme,

Good handle, KKD is a story that makes my eyes glaze over.

MandelbrotSet · Jan 22, 2008

Quote from spyderman:

like giving Heroin to an addict!

pretty much

MrDODGE · Jan 22, 2008

Go long for what reason? The Fed just showed their hand. We are screwed from here if we don't see green today.

The Kin2 · Jan 22, 2008

Quote from MrDODGE:

Go long for what reason? The Fed just showed their hand. We are screwed from here if we don't see green today.

Nahh, I think there is some real bargains out there. Especially foreign money since the dollar now is so weak.

drsteph · Jan 22, 2008

Quote from The Kin2:

Nahh, I think there is some real bargains out there. Especially foreign money since the dollar now is so weak.

IMHO the bargains are in asia, not here.

quantumrock · Jan 22, 2008

Will you look at that... SPX narrowing its losses