Stock Market Today Set To Explode

**moeloubani** · 03-23-2009, 12:55 AM

i say down 250

**$5 submissions** · 03-23-2009, 12:59 AM

When the dollar tanks, the Dow normally goes up.

**ztik** · 03-23-2009, 01:01 AM

Was just checking premarket looks like most up 2%+

We'll have to see what knews happens during the day

**EscortBiz** · 03-23-2009, 01:13 AM

I feel bad for those who will buy into the market today with money they may need anytime soon, employment is still the foundation of a healthy economy.

**tiger** · 03-23-2009, 03:55 AM

Probably down slightly mixed.

**Slappin Fish** · 03-23-2009, 04:30 AM

Originally posted by $5 submissions

When the dollar tanks, the Dow normally goes up.

It's the other way around

Dow goes up, dollar tanks.

**qxm** · 03-23-2009, 04:34 AM

Futures are sharply higher today.... things seem positive but I still have to consult with my financial psychic.... brb ...

**pornguy** · 03-23-2009, 04:43 AM

Originally posted by $5 submissions

When the dollar tanks, the Dow normally goes up.

Lately I have seen it exactly the opposite. The Dollar has tanked BECAUSE the Dow went up.

**FuzzyDunlop** · 03-23-2009, 06:09 AM

Up today down tommorrow, makes no difference in the long run

**EscortBiz** · 03-23-2009, 12:16 PM

yup right about 500 it went to

**Ycaza** · 03-23-2009, 12:25 PM

up 5 percent last time i checked

**Ycaza** · 03-23-2009, 12:28 PM

damn finish almost 7 percent up

and i made 50 percent today

**Frankthefreakintank** · 03-23-2009, 12:29 PM

Originally posted by EscortBiz

yup right about 500 it went to

Very impressive guess man, that was solely based on the currency going down?

**moeloubani** · 03-23-2009, 12:32 PM

yeah wtf great guess

**teomaxxx** · 03-23-2009, 12:33 PM

Originally posted by EscortBiz

I feel bad for those who will buy into the market today with money they may need anytime soon, employment is still the foundation of a healthy economy.

I feel bad for US taxpayer, since the reason for rally is another plan to give 1 trillion dollars into the blackhole called "wallstreet banks".
guess, who is going to eat the loosses once again...
and dont forget they will come soon for another trillion, since it wont be enough. the blackhole is much bigger then that.

quote from rolling stones:

"The crisis was the coup de grâce: Given virtually free rein over the economy, these same insiders first wrecked the financial world, then cunningly granted themselves nearly unlimited emergency powers to clean up their own mess.
.

**SomeCreep** · 03-23-2009, 12:38 PM

Originally posted by EscortBiz

500+ points on dow ya think?

The market has rallied hard in a very short period of time. I think we could still squeeze out another 5 - 10% gain in all the major indices before we experience a correction. The market always over shoots in one direction or another. Right now, it is overshooting to the upside. Eventually though, we will experience a correction of at least 10%. Investors will lock in gains and the market will sell off. Whether the market retraces to our March lows depends on how smoothly the government is able to execute all of it's economic recovery plans.

**cgu** · 03-23-2009, 01:23 PM

EscortBiz where did you get your crystal ball?

**PornMD** · 03-23-2009, 01:28 PM

Originally posted by SomeCreep

The market always over shoots in one direction or another.

IMO the market always overshoot in the opposite direction of its long-term trend. Think about it, how many pieces of bad news about the economy have we had in the last 3 months? The housing news today is maybe 1 of a handful at most pieces of good news in that time, and that's enough for a 500 pt gain? It's coming right back down and further by the end of the week.

**EscortBiz** · 03-23-2009, 03:55 PM

Originally posted by cgu

EscortBiz where did you get your crystal ball?

lol

im still testing it once I know it works ill take it out of beta and make it available for sale

**Furious_Male** · 03-23-2009, 04:07 PM

Great call. Today was a good day for those of us that were long or trading. Its still hard to tell how much more steam this rally is going to have. I am going to watch DOW 8k before thinking about going short a few plays.

**marketsmart** · 03-23-2009, 04:18 PM

the huge move today shows me once again how stupid the average investor is..

the buying up of toxic assets is not a positive..

there was a rumor today that the us was propping up the dollar today so it wouldnt get hammered..

in any case, good call on the move escortBiz.. i was pretty sure the market was not going to react positively to the news..

**Techie Media** · 03-23-2009, 04:38 PM

I have been posting for a month now about how it's the perfect time to get into a few stocks like and have been in VERY HEAVY.

Bac
C
aig
dow
ald

Anyone who thinks it is not the right time really is missing the big boat.

Stock Market Today Set To Explode

Stock Market Today Set To Explode

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