Everybody Back in the Pool: Dow Soars 553 on 'Retest' Bets

screw u shorty

This make absolutely no sense whatsoever! Earnings are down, huge lay offs are coming, the consumer is afraid to borrow and banks won't lend unless you are related to a republic Senator. Interest rate are rising as shown by the 10 year bond, there are no small business loans going on unless you have an 800 credit score and willing to pledge your first born child and a kidney. The government will no longer buy the "bad loans" and even if the auto-makers get bailed out there are going to be over 1 million jobs affected. The dow rose 552 point -What's wrong with this picture!

A dead cat doesn't bounce as high after the first bounce (friction). I agree with the observation that short covering occurred as we tested October lows. Too risky to stay short at that point even though market news is still sour and layoffs are cranking up. Is there room to the upside? Sure. But I think there is some hope that more tax dollars are on the way to bail out the auto industry. Who is John Galt?

May be a Dead Cat/Suckers rally but I will take it. We all need some good news and this was unless you shorted at the lows. There will be another test of the low but for now today was a good one and I will take it and be prepared to fight another day.

All these comments like "short now" or "buy now" are interesting. What happened to buy and hold investors? What happened to conventional investment strategies? If you have a 5+ year time frame, dividend producing stocks are a great place to be. Why not get paid a dividend while we wait for the rally? We don't know when stocks will rise again or how long it will take but we all know it will happen. Closed Ended Funds, like ETO, are trading at large discounts to their NAV, they're down 60% from their highs, and they're paying an 15% dividends. These CEs own large companies that will be around during the rally. While you're at it, don't forget the spread on corporate bonds is fantastic. It's a good time to be putting money into a diversified portfolio for the long-run.

All these comments like "short now" or "buy now" are interesting. What happened to buy and hold investors? What happened to conventional investment strategies? If you have a 5+ year time frame dividend producing equities are a great place to be. Why not get paid a dividend while we wait for the rally? We don't know when stocks will rise again or how long it will take but we all know it will happen. Closed Ended Funds, like ETO, are trading at large discounts to their NAV, there down 60% from their highs, and they're paying an 15% dividends. These CEs own large companies that will be around during the rally. While you're at it, don't forget the spread on corporate bonds is fantastic. It's a good time to be putting money into a diversified portfolio for the long-run.

this is a terrible trick on the investor. everybody need to get out of this market as it is going to 4000 before it hits its bottom..

I don't care if this market will dance high and low for awhile. In about five to eight years, my investments will be worth it. It's already is...... :))

tadlutz;;;enjoy watching your money evaporate as you collect your dividend. any person is this market will watch their money go bye bye . it reminds of the slowly boiling a chicken. if you bring the heat up slow enuff you can actually KILL the bird before he knows what is happening. GOOD LUCK.

Buy today sell on friday this is fun.

Ditto the above, another dead cat bounce or suckers rally. Not testing the bottom but a volatile market about to drop further. I really want to see the exhaustion of a post-bear market and stable prices, then a slow climb. But that's not going to happen until all industries are showing signs of improvement - right now ALL industries are showing signs of decline (banking, real estate, manufacturing, retail, tech, etc).

That fat guy in the picture above looks like an AIG executive having fun! There's no reason for the market swing we saw today. Just the big boys having fun with all the little boys. Nothing has changed. No jobs. No raises. Health care out of control. Living expenses still too high. Hidden debt that no one will pay down. Including our own government's. I'm not going into the pool until all the suckers come back out and the pool boy has cleaned it.

All posts here are amateurs. You amateurs really need to learn how to trade to take advantage of market volatility. Be like a pro and trade for cash flow. For example, today was perfect day to sell put options when you saw the market bottom. Also, you could have bought some stock and sold some near month at-the-money calls. By selling the puts and calls you generate lots of cash.

YOU BUY ..THEY SHORT..YOU BUY ,, THEY SHORT. .. THE BOOMERS ARE HEADED FOR THE NURSING HOME .SO WHO IS GOING TO BUY ALL THIS STOCK.. .EVEN THE TREASURY HAS BEEN"SHORTED"... I WONDER WHO IS REALLY BUYING .. IREMEMBER SEEING A WHEEL BARREL FULL OF REICH MARKS 1923 .TO BUY A "LOAF OF BREAD"....ITS NOT EVEN MONEY NOW .. ITS A PAPER CHASE

And the sheep will continue to nibble, dreaming of the greener grass on the other side; but the fence is higher now, fortified by the dying carcasses of blood-drained companies whose debt is now the responsibility of loyal, law-abiding citizens whose only fault is playing by the rules. Imagine, to be a millionaire, one only had to have a stack of 100-dollar bills a mere 40 inches in height; but what is the national debt right now, you may ask? Well, imagine a stack of 100-dollar bills stretching 31 miles into the sky, and that would be the national debt. Keep on nibbling sheep, eventually your dreams may come true. Nostramarcus puts the Dow at 7000 on April 1. April fools!...no way it'll be that high. More later on what went wrong. I am yours, Nostramarcus

We should use P/E ration to value the market value right?

Go ahead Quin take a dip. But remember to sell the peaks. Just what economic issues have been worked out?

the market seldom makes sense.

This article, and all the related comments, including mine, are useless, pointless, valueless brain farts.

... so many negative comments.... it is time to get into the market.... wish had money to invest now.