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Stacey R Abend (Srafj40)
New Member
Username: Srafj40

Post Number: 28
Registered: 03-2003
Posted on Friday, March 21, 2003 - 08:15 pm:   Edit Post Delete Post Print Post

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:   Edit Post Delete Post Print Post

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:   Edit Post Delete Post Print Post

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:   Edit Post Delete Post Print Post

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:   Edit Post Delete Post Print Post

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:   Edit Post Delete Post Print Post

Wow - that is all I have to say. Over 1000 points in one week. Damn.

Curtis

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