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Strategies & Market Trends : Bear Market Momentum Investing -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (206)11/14/2008 3:19:56 PM
From: jmiller099  Read Replies (2) | Respond to of 248
 
Disconcerting element is opex is next week and usually they like to reverse the course sharply for the week. If we are pointed up already, is the reversal more down? Anyways, I am mostly long or long biased and hopign to catch these sharp bear market rallies to raise some cash to get ultra-shortish if market gains and vix shrinks.

I don't think we get a lot of 'hope' for the season, with all the layoffs. It isn't so much just the person who was let go as having an impact. It affects their family, the coworkers who remain will tighten up, and the local community as they eat out less and use less personal services.

The gas is encouraging, but...
Sun Microsystems to lay off 5,000 to 6,000 workers
Citigroup to lay off at least 10,000 workers: report
Retail sales plunge record 2.8% in October
and etc.