Off-Topic: I agree

Whitney Reservoir Topics

(Whitney Reservoir Specific)

0 messages

Updated

Off-Topic

Lakes Online Forum

83,970 messages

Updated 9/20/2024 6:59:11 PM

Boat Maintenance

Lakes Online Forum

5,204 messages

Updated 9/14/2024 10:10:50 AM

Whitney Reservoir Fishing

(Whitney Reservoir Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,172 messages

Updated 9/9/2024 5:04:44 PM

Sports

Lakes Online Forum

4,261 messages

Updated 5/28/2024 6:31:10 AM

Grilling & Recipes

Lakes Online Forum

2,979 messages

Updated 6/26/2024 5:03:03 AM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	water_watcher -
	Subject:	I agree
	Date:	11/13/2008 6:08:59 PM

I want the market to go up badly, but unfortunately this was a short sellers rally. We may get another day follow through, but unfortunately we are headed lower. There was a major support level at 8100 that was broken intra day by 150 points ... while we finished above, it will have to be tested again, if it does not hold, 7500 is the next support.

We are close to a bottom, but i dont think we have hit it. Financials need to rally in order to have a sustainable rally. Credit is still too tight and banks are still trying to shore up their balance sheet for that to happen until probably the second quarter next year.

Other messages in this thread:

View Entire Thread

BO and THE MARKET REACTION - GoneFishin - 11/13/2008 4:59:26 PM

BO and THE MARKET REACTION - Jim Dandy - 11/13/2008 5:36:17 PM

I agree - water_watcher - 11/13/2008 6:08:59 PM

BO and THE MARKET REACTION - Talullahhound - 11/13/2008 5:49:32 PM

BO and THE MARKET REACTION - MrHodja - 11/13/2008 9:04:10 PM

Quick Links
Whitney Reservoir News
Whitney Reservoir Photos
Whitney Reservoir Videos