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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (43409)12/16/2003 5:20:15 AM
From: Raymond Duray  Read Replies (1) | Respond to of 74559
 
Jay,

Re: I consider the failure of the Saddam equity rally ominous,

I believe this is what the market was reacting to yesterday afternoon:

Message 19601451

And yes, it does seem ominous, if the trend continues it will surely accelerate.



To: TobagoJack who wrote (43409)12/16/2003 12:49:34 PM
From: pezz  Read Replies (4) | Respond to of 74559
 
Jay why should the mkt rally on the Saddam news? What duz it mean for the economy or profits or gold for that matter...Nothing and if I know that so duz everyone else. most saw it as an excuse to take profits ...Then business as usual.



To: TobagoJack who wrote (43409)12/16/2003 10:25:32 PM
From: energyplay  Read Replies (1) | Respond to of 74559
 
Saddam rally happend today, and will continue this week.

Lots of people got too cute abotu fading the rally.

Many other people wanted to lock in profits Monday.

Biggest worry is retail - Wal Mart at low end of range, etc.
Marekt needs to have something to worry about.