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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (149903)3/5/2009 4:14:35 PM
From: marcos  Read Replies (1) | Respond to of 313137
 
cn.v - hey ogi, they may not have to re-name this Canary after all ... i hadn't been watching it, small position and sleepy so long, but looks like a gold property is what it needed ... still not that many shares out, for all the drilling-and-killing they've accomplished so far

'If it bleeds it leads', is the news saying ... you never see 'Eighty Per Cent of Country Has Nice Day, Enjoys Life, Made a Buck Even' as headline ... boooring ... that's true about CBC radio, they seem to have discovered markets in the last few months, attracted by the red colour no doubt, lol



To: ogi who wrote (149903)3/5/2009 4:25:26 PM
From: LoneClone  Read Replies (2) | Respond to of 313137
 
I am probably one of the few on this board who makes it a rule to never watch any business news on television and never visits a business channel, and the only station I ever listen to on the radio is CBC. I was just referring to stuff I come across in the newpapers or on line.

LC



To: ogi who wrote (149903)3/5/2009 4:34:16 PM
From: SwampDogg1 Recommendation  Read Replies (3) | Respond to of 313137
 
This is a big low in the market IMO
Analyst from S&P on CNBC today said point blank to just be short the market for the the next couple of years and saw no reason to be long.
Pundits are resigned that the market is never going to go up. CNBC is now talking only bear trash and has the tickers of all the penny former blue chips.
IMO this could be one of the best 2-3 weeks in market history and it could begin as soon as tomorrow.
Gold also looks to maybe go lower here. Rally today was lame and $850 may be in the cards. Would like to see $SPX 1000 and gold $800ish in the next couple of months and then the whole thing would flip over again.
If the market does break lower tomorrow then there is no support until $SPX 400 and gold goes to the moon.
Energy stocks looking stronger on both good and bad days. Really just the financials sucking wind now and that shows a narrowing into a low.