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SPDR Dow Jones Industrial Average ETF Message Board

  • salsaqueen01 salsaqueen01 Jan 8, 2010 10:22 AM Flag

    Market never goes down

    It just Can't. They have been waiting all week to ramp it up to 11k but the unemployment #'s didn't come thru, so they will trade it down a little in the morning, then bring it back positive. Just think , the gov lies about every # they release, then revise them, so no telling what the REAL #'s are. We know real unemployment is around 18%, but who cares, just give the banks more free $$$ for their mistakes, so they can dish out more bonuses, and keep the markets up. What a plan.

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    • It just Can't. They have been waiting all week to ramp it up to 11k but the unemployment #'s didn't come thru, so they will trade it down a little in the morning, then bring it back positive. Just think , the gov lies about every # they release, then revise them, so no telling what the REAL #'s are. We know real unemployment is around 18%, but who cares, just give the banks more free $$$ for their mistakes, so they can dish out more bonuses, and keep the markets up. What a plan. ////

      It appears the mkt. has become the economy. If employment were to actually rise, interest rates would soon also rise, and the mkt. might stumble. We may have an economy in a vacuum.

    • i'm sorry but what was that little hick-up to ~6,500 09/march of last year. o yes a 45% rally back to neck line of a 1 hundred year head and shoulders formation? the bears must be shorting around here hands over fist. o yeah "shoot the messenger" :/

    • They will walk it back up at the end just to prove who is in control. The news means nothing. Its all about where they placed their bets on options, which expire next week

    • Manipulation by Wall St so they can make money on the way up then they put on a short position and drive it back down.

      The game is rigged and the free market is dead.

 
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