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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (191804)3/19/2009 11:06:40 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
LOL, I was going to blame you....always looking for 300 point drop days. ;-)



To: Smiling Bob who wrote (191804)3/19/2009 11:10:02 AM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
Sometimes the market gets so oversold even a bounce means triples. Bottoms can come early in cycles. I'm betting on companies the government won't let fail plus natural resource stocks. Also those thrown out because on the fear of the unknown.



To: Smiling Bob who wrote (191804)3/19/2009 1:42:36 PM
From: DebtBombRead Replies (1) | Respond to of 306849
 
It's all of you WEAK shorts covering. No legs in short-cover rally Short-covering may not be enough to maintain rally NEW YORK (MarketWatch) -- Some of the recent rally in the market's most beaten-down stocks, such as financials, may be the result of investors covering short positions, raising questions about the long-term endurance of the move higher.
"I think particularly with the big rally in financials, we're seeing a lot of short covering," said Ken Tower, market strategist at Quantitative Analysis Services. "Fundamentals haven't changed enough for financials to really generate that much enthusiasm."
marketwatch.com