Posts Tagged ‘rescue plan’
Posted by StockRake on September 29, 2008 in Market Comments
Dow Drops 682 Points, Stabilizing For Now
That DXD trade was on the money. The Dow is down -682 right now, NDX down -8% (I’ve never seen that number before), The Rut down -11%. While everyone is getting waxed today, I’m safely in cash. Subscribe to this blog and avoid shit like this. Dumped DXD @ 64.84 = a very fast 3%.
Posted by StockRake on September 26, 2008 in Market Comments
The Market Will Screw Over The Most People Most Of The Time
Get ready for when the the brown stuff hits the fan, but I’m likely adding to my longs today if we continue to get weaker or close right here. However, I may cut this morning and wait to see if that weakness materializes. I can’t see the government allowing a crash to happen unless all …
