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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (13612)3/31/2008 10:00:46 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
I'm expecting lots of buying behind Paulson's dog and pony show.
His appearance is all designed to restore confidence, so a visible stock rally would certainly put some icing on the cake.

The problem may lie in he's merely repeating himself, the facts have already been released, and I truly believe current administration has used up all their credibility credits. Viewers will be there just to watch his nose grow.
So he'll more likely create some more selling pressure.
The battle will be much of the same.



To: Smiling Bob who wrote (13612)3/31/2008 12:13:41 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
DOW 12275
has probably peaked for day +60 or so
EOD tgt looks good