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re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum

Posted on 3/2/09 at 2:30 pm to
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 3/2/09 at 2:30 pm to
quote:

at this point, the dow in the 5,000s by the end of the week wouldn't stun me ..


It would stun me. That would drop another 35% off in the week. You would most likely have the exchanges shut down if that were to occur.

Did you see that citi is almost a buck? What happens when part of the dow gets delisted?
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/2/09 at 2:32 pm to
I'm thinking about re-shorting (mays, probably) if we don't get a ramp into the close, BTW.
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