International global short squeeze.

[Neubarth]

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.

 

[sparky]

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

 

[wimpy77]

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

 

[Toro]

Awesome!

I did OK in 2008 but I've been getting beaten like a mule this year!

 

[Neubarth]

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.

 

[Toro]

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.

 

[Old Rocks]

Well, I hope this means something for the 5.1 million looking for work.

 

[editec]

It is encouraging to see these rallies.