Stocks surge on optimism over economy

Discussion in 'Politics' started by VaYank5150, Aug 3, 2009.

  1. VaYank5150
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    VaYank5150 Gold Member

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  2. Xenophon
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    Xenophon Gone and forgotten

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    The exchange has been open for less then 3 hours, when did things 'soar' exactly?
     
  3. VaYank5150
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    VaYank5150 Gold Member

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    Did you even bother to read the quoted part from the AP story? Is it true that they can't fix "stupid" in people?
     
  4. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    If you're that excited and full of optimisn, why don't you take every dime you can get your hands on and run down to your local stock broker and load up on this boom in the economy? Put your money where your mouth is.
     
  5. Xenophon
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    Xenophon Gone and forgotten

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    In your case, yes.

    Back to the real world, when the bell sounds and stocks are way up, you can say its a surge.

    The market has a lot of hours of trading till then, to claim its soaring when the opening bell is less then three hours ago is the definition of imbecilic, something of which everyone can see you are an expert in.
     
  6. Paulie
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    Paulie Platinum Member

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    The S&P broke 1000 and quickly fell back under.

    There is a ton of resistance at 1000 for the S&P and 2000 for the NASDAQ.

    When that resistance is broken and sustained, there will be something significant to mention.
     
  7. Dreamy
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    Dreamy Silver Member

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    And in other news consumer confidence fell big in July.
     
  8. VaYank5150
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    VaYank5150 Gold Member

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    I have plenty of money in the stock market, thank you very much. Up 18.1% since Obama was sworn in.
     
  9. VaYank5150
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    VaYank5150 Gold Member

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    So, what do you call the immediate upward trend after the opening bell sounds? Pre-surge? Besides, I thought you cons liked the word "surge"?
     
  10. Toro
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    Toro Diamond Member

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    We may pull back a bit but it is likely that stocks are going higher. There is just too much liquidity in the world.
     

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