International global short squeeze.

Discussion in 'Economy' started by Neubarth, Mar 8, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    I have heard it on two radio stations tonight. The projection is for a massive International short squeeze this week.

    Wow! I guess that turnaround on Friday was a true indication of a market rally.

    Personally, I do not think it will last for long, but if everybody is predicting it, I guess it is a possibility.

    Shoot, I might buy a few shares at the open just to see what happens.
     
  2. sparky
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    sparky VIP Member

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    mercy Neubarth, must you subject us with tradespeak we can't even wiki up?
     
  3. wimpy77
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    wimpy77 Member

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    i think the market is due, heck most people do. its just a matter of when.
     
  4. Toro
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    Toro Diamond Member

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    Awesome!

    I did OK in 2008 but I've been getting beaten like a mule this year! :lol:
     
  5. Neubarth
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    Neubarth At the Ballpark July 30th

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    Well, I put all my money from my G Fund (Government securities) into the C Fund (S&P 500 like fund), and made 6.4% in one day. That was enough for me, so at the end of the day, I put the money into the G fund again.

    Now, I am kicking myself in the butt because it did not leave it in the C fund for several more days. Still, I made over 6% in one day, so I guess I should not complain. That is enough earnings for one year.
     
  6. Toro
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    Toro Diamond Member

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    This rally has got legs. Typical bear market rallies run 25%-50%. Given how far down and how fast we went, this could be a big one.
     
  7. Old Rocks
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    Old Rocks Diamond Member

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    Well, I hope this means something for the 5.1 million looking for work.
     
  8. editec
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    editec Mr. Forgot-it-All

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    It is encouraging to see these rallies.
     

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