Don't count on it. Bargain hunters far and wide will probably pour in along with Greece getting the bailout sometime in the next 12 hours which will sink the dollar and news networks will pump. I see a 100 point or more up day tomorrow. Be careful, this market is much more resilient than u you might anticipate.
The Fed is the one keeping the market stoked. Will they put out a QE3 punch bowl for the partiers?
Too bad the lousy Obama economy cant 'get it up' despite the Bernanke viagra. This guy's REAL middle name was Hoover, but he only pretends it Hussein to be more popular. ....
Yes, bargain hunters will come in, supported by the Bernanke put. Yet this is looking very like a haggard, aging and uncertain bull. Dont think the summer economic numbers will be kind to the market or our loust President. Call it weiner-gate. We have a bunch of Weiners in DC who need to keep their hands to themselves.
I think the dollar has a ways to fall yet. Plus that breaking of resistance over 1340 yesterday tells me we are liky going to see s&p 1400+. Problem here is that everyone is too bearish now which means we are going higher. Solid healthy pullback today though. Probbly all were going to get.
LoL, long dogs get thrown a bone and can't help but mouth off. I havnt seen half these ID's in months. It will take very little momentum to shoot the market up hundreds of points. VXX could easily lose everything it gained tomorrow on a 100 point up day. Let's wait to see what happens before you guys go crying wolf on every dip like you've been doing for over a year now.