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SPDR Dow Jones Industrial Average ETF Message Board

  • tjfvu tjfvu Nov 24, 2008 10:54 AM Flag

    What is worst than bad news?

    Is investors getting used to bad news!
    Not too long ago the slightest bad news could've sent the market down but lately with the constant rain of bad news price are barely getting phazed anymore compared to normal circumstance, yet among the bad apples, a slightly good news gains brings great impact.

    I hope you can make the most out of this, cause expecting this to happen I went long DIA & Ford last week at tremendously cheap premiums, and today...lol...

    Best regards,
    Vu

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    • What a timing, god job!!

      This market will bounce like a yoyo, so take some profit off the table when you get the chance.

      The market will eventually reverse again...and again.

      This is a nice bear market bounce and I don't see it as a beginning of a long rally. This is the usual 2-3 day up/down swings.

 
DIA
176.42-0.88(-0.50%)1:30 PMEDT