US economy going down? Will it recover? - THE US Financial Crisis.

[mitch_anne]

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we will pray for this

[inspector_ronan]

for me maka recover ang economy sa U.S.

[junmar4]

Nice rebound - 900+ on the DOW. Volume slapped in at around 2:30pm. My Thurs and Fri gain from last week got pummeled. This is a huge - and a long awaited - bounce. Let's all hope that we end up on the positive side after this week is over.

This is a good improvement from the 2000 negative last week.

[vienzel]

@EZRA, i still am crossing my fingers....

[EZRA]

Same here... I actually bought some calls before the market closed last night... sold it right after the market opened this morning.. kuyawan ko kay tingali short-term burp ra tong rally gahapon. So many earnings reports coming up.

[jonz]

anybody know where the money goes?somebody just holding it not spending perhaps circulation of money is low people are keeping.........

[brad]

onsa kay dagan aning dow sa one week

[EZRA]

BRAD - so much action and so much volatility sa market bai - it's really hard to tell. Tiningob ang market bounce gahapn and I thought it was gonna continue ganihang buntag pero the rally ran out of steam. There are some factors that would dictate for another rally pero ang nakalisod kay wala gihapoy confidence ang mga taw sa market. Pareha ganiha - people cashed in their Monday profits - murag hadlok sila mo kupot ug dugay.

Karon, it seems like we're gonna have a down day ugma by looking at the Asia index.

By the way - how are your positions after Monday's rally? Hopefully you recovered at least half your losses.

[brad]

that friday was crazy the dow move up and down in the 1000 range or something(?)
my sell order limit was hit at 2:30 -3:00. my sell order limit was high i though it was not gonna be met.
after that dow went down to close.

monday was unusual for the last 2 weeks.
the up trend stuck till closing.
if we close negative monday.
i heard that would have been a close death to a good company like morgan stanley.

im watching the market carefully.
are we gonna get a bounce again.

finacial stock have been up for the last two days.
lets hope the government can keep supporting the financials.
the equity market has to go back up again and dont know if there is a side effect to the governments participation in companies.

i guess time to buy calls. hehehe maybe. ??

im just gonna watch for now.

wa gihapon kabawe.
but soon of course.
just gotta be careful.

[EZRA]

Brad - I'm thinking about shorting PNC and COF again. I got out last Friday and was thinking about going back in today pero panagana pa ko tungod sa mga bailout programs. Pero mao sab lagi, daghang earnings report umaabot that would pull these guys down. Awn lang.