Re: [New] New Stock Market posting
- From: Mr Big Nose <Rosedarling@xxxxxxxxxxxxx>
- Date: Wed, 12 Oct 2005 09:38:09 -0400
The Dow opened this morning with a nice little trap for the unaware: At 10:25 Eastern time it showed a gain of about 42 points to 10,281. Now a little more than two hours later it has gradually lost half of that gain and sit at 10,259. Those unwise investors have seen their wide-eyed efforts dwindle.
The market may rally some and help those investors recoup some of their money; but it will be of no consequence in the long run because the trend downward will continue for a short financial season.
Remember, a close below last Thursday's recorded mid-trading-day dip to 10,218 will be a sure signal of its continuing decline. Watch for that. It has not happened yet, but it is on the horizon. Hang on to your cash, because a sudden rise in stock prices will be meaningless.
Thanks for the sage advice, prawn
My dole cheque is sitting pretty and when your currency turns to shit _me_ and and a few yellow men from Bejing will buy up your entire street.
I'll call it quits for today which is I think Tuesday>>> and I must ready myself for the coffee-club stand-up gig; I've figured out what I'll do; They will be silly-putty in my petite hands; Pray for me like a proper Christain please.