Why is market going up today?
- Thread starter TM1982
- Start date
consumer confidence was up: http://articles.moneycentral.msn.co...t-dispatches-052609.aspx?icid=dispatch_090526
overshadows N korea testing nukes.
overshadows N korea testing nukes.
The phone rang......rrrrrrrrrring.
The conversation-
"hello. Yes, this is he/she. Am I feeling confident? What do you mean by that? Just answer yes or no?!? Well without knowing what the question really is, I will say I think..........hmmmm........yes? Ok Good-bye."
The conversation-
"hello. Yes, this is he/she. Am I feeling confident? What do you mean by that? Just answer yes or no?!? Well without knowing what the question really is, I will say I think..........hmmmm........yes? Ok Good-bye."
WEEKLY SUPPORT held near 876, basis JUNE.
I missed support by one tick, so dont' even ask.
ALSO, while the market hovered above key support, a consumer confidence measure came in above market expectations, adding fundmental strength to a technically sound position.
915's the upside for today, methinks.
GL!
I missed support by one tick, so dont' even ask.
ALSO, while the market hovered above key support, a consumer confidence measure came in above market expectations, adding fundmental strength to a technically sound position.
915's the upside for today, methinks.
GL!
Because I went long GM stock and unsecured debt.
the better question would be, why didnt you know why the market was up?
I think it is because you are short.
It's a conspiracy.
Institutional buyers. Negative news. Move higher so the next fall doesn't seem so bad.
