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China Bailout s/be barry barry good @ stocks, today
Posted on 11/10/08 at 8:09 am
Posted on 11/10/08 at 8:09 am
That's my story, and I'm sticking to it.
Posted on 11/10/08 at 11:39 am to Tigris
T.:
I'll rationalize.
Today won't be a bad blood bath, i.e., IMHO a good day these days is any day that the Dow doesn't drop over 200 on the downside.
For the 4th Q of 2008 -- that's a good day.
Note also that the present "buy" pattern is timed into the shorts in the last hour or so of trading.
Hence, if there is a program buy . . .
It might come near the market close. Watch for it.
(Then again, my "spin" could be completely wrong. In fact, I'm not really advocating buying anything, really. I just think shorting here is sort of risky, that's all.)
I'll rationalize.
Today won't be a bad blood bath, i.e., IMHO a good day these days is any day that the Dow doesn't drop over 200 on the downside.
For the 4th Q of 2008 -- that's a good day.
Note also that the present "buy" pattern is timed into the shorts in the last hour or so of trading.
Hence, if there is a program buy . . .
It might come near the market close. Watch for it.
(Then again, my "spin" could be completely wrong. In fact, I'm not really advocating buying anything, really. I just think shorting here is sort of risky, that's all.)
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