Page 1 of 1

Dow up 500

Posted: March 23rd, 2009, 4:43 pm
by Col. Flagg
http://www.marketwatch.com/
Stocks take to skies
Major U.S. indexes gain 7%, with blue chips climbing above 7,700

Plan for toxic assets strikes at heart of problems for financial system.

Is there anything more phony or manipulated than the stock market right now? OK, maybe the 'Fed', but aside from those two?

Re: Dow up 500

Posted: March 23rd, 2009, 8:48 pm
by kathyn
We'll get enough of a bounce to make people sigh with relief. And then the bottom will really fall out!

Re: Dow up 500

Posted: March 24th, 2009, 8:50 am
by BroJones
Many uninformed will see the "good news" and let their money flow back into the stock market, where it will soon be plucked by clever Gadiantons. Even as the market plunges as a result, the gadiantons will pull in the dollars via put options (IMO), then convert these to commodities before the dollars lose value.

Riches will, as the Book of Mormon warns, become "slippery."

Re: Dow up 500

Posted: March 24th, 2009, 9:08 am
by ChelC
Looks like the coming days are a good opportunity if you thought you missed the boat on backing out of the market. Gotta love second (or 86th?) chances.

Re: Dow up 500

Posted: March 24th, 2009, 3:54 pm
by Stephen
Those that hold the power wringing out that last bit of money out of the unwary...before the day of reckoning.