Author |
Message |
   
Stacey R Abend (Srafj40)
New Member Username: Srafj40
Post Number: 28 Registered: 03-2003
| Posted on Friday, March 21, 2003 - 08:15 pm: |
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Up. It, (war), can not be all that good for this type of reaction. Am I wrong? |
   
KJ (Karen)
Senior Member Username: Karen
Post Number: 118 Registered: 02-2002
| Posted on Friday, March 21, 2003 - 08:28 pm: |
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Stacey, I'm not sure I understand your question but the short course on the The Dow is that it runs largely on rumor and emotion. If traders feel confident, it goes up. A short, decisive U.S. victory (or the feeling that's afoot) should send it up. How long the bounce lasts is the big question. Karen |
   
TPH (Snowman)
Senior Member Username: Snowman
Post Number: 336 Registered: 12-2002
| Posted on Friday, March 21, 2003 - 08:52 pm: |
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KJ nailed it. Emotions play a huge part. That's why some rumors can ruin a perfectly good day. S- |
   
KJ (Karen)
Senior Member Username: Karen
Post Number: 119 Registered: 02-2002
| Posted on Friday, March 21, 2003 - 09:17 pm: |
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Snow, So far I'm feeling pretty good about the "contribution" I made last Thursday. Only wish I'd have done it Wednesday! Karen  |
   
Stacey R Abend (Srafj40)
New Member Username: Srafj40
Post Number: 29 Registered: 03-2003
| Posted on Friday, March 21, 2003 - 10:50 pm: |
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Karen, Thanks, for your reply. I understand that the market moves on emotion. I guess that I am surprised by the amount of movement, and I am wondering aloud if this is too big of a jump so soon. I do not know if the down turn in the lead up to the war matches this up swing. Stacey |
   
Curtis N (Curtis)
Senior Member Username: Curtis
Post Number: 2552 Registered: 05-2002
| Posted on Saturday, March 22, 2003 - 03:08 am: |
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Wow - that is all I have to say. Over 1000 points in one week. Damn. Curtis |