Why did the DOW go down so much today?
Answers: american express and capital one warning.. also panic sell-off
dont worry, i believe next week there will be a bounce.. today's sell-off create more buying opportunities for a short term gain if you know what i mean
Because large institutions are selling, mutual funds are being redeemed, and small investors are getting scared.
It's been a bad start to the year. Blame oil, sub prime, elections, weak dollar, fear of stagflation, weak earnings (today was AMEX)etc.
Actually I think we need a BIG blow off, like a thousand points, to shake it all out..otherwise it's a slow drip drip drip of pain..
Buy puts (options that stocks will go down).
QID - short the nasd
DOG - short the dow
They go up when stocks go down.
1. Bad news
2. No more buyers
3. Recession soon ?
4. The market really need a correction after a few years of a rally
My conclusion is - Don't try to catch the falling knife
Panic. It went down 246 which seems a lot but really it is just a tiny 1.92% loss. To me that really isn't that scary.
Damn I am tired of hearing this lame "falling knife" saying. It has been killed off and overused a long time ago. It is a falling knife if the company sucks. Right now I see it as opportunities to buy $100 billion dollar companies for $80 billion
International arm trade?
It is Nepal involve at International arm trade?Answers: Nepal buys cheap arms from China, which is one of the worlds largest arms dealers.
China produces cheap ordnance for many countries approaching Sudan, Nepal, etc.
More advanced weaponry is sold by UK, Russia, France, and the USA.
Which road will the Dow break open up tomorrow?
any guesses up down flat?Answers: Sure would be nice to be able to predict whether the DJIA would finale up or down the next morning. If someone could be better than 50% correct, they could make a fortune if the gain averaged more than the losses. I am still looking for a short term predictive model. My guess is that it will close up on 2-12-2008.
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Up, although it may completion up lower by the end of the morning.