Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (4627)	10/25/2002 5:01:05 PM
From: Smiling Bob	Read Replies (1) of 19256

No sensible, real-life investor or trader would possible feel a need to go long pre-close Friday. Would they know a gap up Monday is coming due to usual release of fantastic weekend economic news? Somehow investors are to be convinced they need to quickly get back in, before DOW returns to 11000? Consumer led recession hasn't even begun yet, at least statistically. Only hear talk that we may double dip. I know of very few retailers that would not say they aren't hurting. 2nd leg of recession will be much more painful and protracted than biz recession as consumers figure out how to meet those absurd mortgage payments without work. Still not enough "AVAILABLE" signs on storefronts. Consumer confidence lowest in 9 years Short positions will remain in the gutter until the true market forces return Monday. If mkt is pushed to 9k by election, it will drop as soon as the polls are closed

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