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Dow Up

Old 03-12-2009, 01:57 PM
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Default Dow Up

This is the second day in a row that the Dow is up significantly, is this the bounce or we already bottomed out?;?
Old 03-12-2009, 03:07 PM
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Let's hope so, but the last few rallies have ended up losing the gains. I think some people are taking their profits after buying at slightly lower prices and some are pancing and taking the slight recovery in value an converting it to T-bills and money market funds. Just a guess though.
Old 03-12-2009, 03:53 PM
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Recently, volume has been higher on the up days and lower on the down days. I'm in bull mode, at least for now.
Old 03-12-2009, 03:57 PM
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I guess ole Barry waived his magic wand!
Old 03-12-2009, 08:52 PM
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9:1 ratio advances vs decliners and upside vs downside volume

Within five days of SPX low of 667

Two of last three days

Historically a powerful sign of the birth of a bull market
Old 03-13-2009, 04:08 AM
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When I see 8000 a gain after a slow climb, I will think the worst is over, and a bull will reappear. And even the gloom and doomers will wish they had bought some good valued stock.
Old 03-13-2009, 06:40 AM
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Beware the mighty dead cat bounce...
Old 03-13-2009, 08:16 AM
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When Bama keeps his mouth shut the Dow goes up. When talks the Dow goes down...
Old 03-13-2009, 08:20 AM
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Dead cat bounce. Classic bear mkt rally that won't be long-lived...

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