Date registered: May 2008
Vehicle: W210.265/2001, W220/S500/2000, Porsche 997 C2S/2006, GMC K1500/1992
Location: DFW, TX
Mentioned: 0 Post(s)
Quoted: 1 Post(s)
Guys be real, two weeks ago I told you that the market will have a rally, and that is a intermediate rally, which may last 2 to 4 months. Technically, the market has to fill the gap before it will head down again depends on how the financial crisis play out next year. But I think the real bottom will be next year October 2009. It is all shits when you say the president has anything to do with the market immediately. The president will only affect the market in a long trend but not short trend for daily up and down. The gap for the rally will be from DOW 7800 to 10250 or even to 10700. So every investors will think the market is fine and go back to it. VIX has to be back down to mid 20s. Today, VIX is at 52, most investors will be on side line. How can the broker firm to make money if investor do not go back into the market and brokers and banker are holding the stocks ?
500SEC 1984 retired at 192K
Porsche 928S GT 1984 (euro) retired at 243K