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I posted above last week. I should of listened to myself. That is what is happening this week.the median price of a home fell year-over-year for the seventh straight month and inventories rose. http://biz.yahoo.com/ap/070323/wall_street.html?.v=47 That is the key sentence I think is troubling. Not trying to sound negative, but I take that to mean consumers are tighting spending and homes are overpriced. Add the sub-prime loans in the mix and warnings from builders and we have problems.Next week will see the market digest this week's rally. Also, I think most of the window dressing took place this week which brought the SP into postive territory. i am going to try to be careful and just wait.
You might see a rally this afternoon. Feels like the markets want to go up from here. Look at the NASDAQ for the true light today.
look now lolOr you might not.![]()
100% agree with you Paladin also read this http://biz.yahoo.com/ap/070329/dell_filing.html?.v=4 bad for NASDAQI think we have the same game plan for Monday.....
I'm all in (20C, 80S) and thinking of staying all in over the perilous weekend. Seasonality is in our favor next week. Also, money will likely be taken off the table Friday due to fears of possible UK/Iran hostilities over the weekend. I'm ready to gamble that no bombs will be dropped and no ships will be sunk on Saturday or Sunday. If this comes true, and/or some actual progress in the hostage negotiations occurs, then we could have a nice relief rally on Monday. If the opposite occurs, I'm ready to go down with the ship.
I know that.I meant for the room to see.12%, you can call this number if computer to place your transfer 1-877-968-3778.
Of course, however;as long as nothing negative happens over the weekend that is a postive for the markets. I am not claiming to be an expert over this by any means. The markets love good news and no news is good news.The Nasdaq is way oversold near term, The S Fund is also the same short-term. Looking for a nice rally before coming down again. http://finance.yahoo.com/q/bc?s=%5EIXIC&t=5d&l=on&z=m&q=l&c=Iran could also go the other way... stir something up. I'm hoping for a pop on Monday as well but I'll feel much better when it's resolved.