Ready for a rally or slump into the bottom?

Ready for a rally or slump into the bottom?
Mar 27, 2008 23:18
gueststock	With Bear Stearns' collapse and and Lehman's near-death experience (its shares slumped sharply and jumped back finally on Monday), many investors think that US stock market has slumped into the bottom. However, the statistics shows that the S&P 500 had increased by 6 per cent by Thursday compared with Monday, while the S&Pfinancials index had jumped to 18 per cent, at its highest level of the month. On the other hand, the dollar has increased by 3 percent since it fell to the lowest in history. Thus, some analysts analyze that the market is ready for a rally very soon. What do you think of US stock market? Is it ready for a rally or just has slumped into the bottom?

Mar 27, 2008 23:18

gueststock

With Bear Stearns' collapse and and Lehman's near-death experience (its shares slumped sharply and jumped back finally on Monday), many investors think that US stock market has slumped into the bottom. However, the statistics shows that the S&P 500 had increased by 6 per cent by Thursday compared with Monday, while the S&Pfinancials index had jumped to 18 per cent, at its highest level of the month. On the other hand, the dollar has increased by 3 percent since it fell to the lowest in history. Thus, some analysts analyze that the market is ready for a rally very soon.

What do you think of US stock market? Is it ready for a rally or just has slumped into the bottom?

Mar 28, 2008 13:15

GARYKINKADE
Points:
Join Date: Jan 8, 2008
Status: Offline

They (whose they, Fed Reserve+...............+...............?) are jerking this thing around with the lowering of interest rates, mergers, backing(guarantee) of bond markets, mortgage lenders+ 1,001 other devices with all expenses to be incurred by added taxes (or increases in the national debt). Hint: a good portion of U.S. companies are not paying taxes because of "tax loopholes" or "off shoring" so, guess who gets stuck with the bill. So, "back at the ranch", are those that are footing the bill for all of this receiving any benefits other than a possible $600 rebate? I doubt it.
Will the U.S. stock market rise or fall? Who knows, which way is the wind blowing?

Mar 28, 2008 17:56	#2
GUESTGUESTOKP	So many words, no meaning... What did he said?

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