Stock market rally questions??ot

Who cares! I bought GE at $6.52 a share and it closed at $10 something today. $4 per share profit,,, sold. Citi Group .98 cents a share last week, today closed at $3.51 sell it. May go up more but at least I walked away with a profit, cant be to greedy hehehe.
 
I don't believe there is anybody on this planet that knows the true reasons whenver the market jumps up - or down. Most "informed" comments I hear are after-the-fact, and many highly experienced traders lose their shirts on bad trades.

Now, find me someone that tells us, time after time, why it's going up - before it actually happens, and I'll be impressed.
 
No one can tell when its gonna jump up. When things get as low as they were than you buy some, it can go either way from there, up or down. No one can time the market, you buy when you feel comfortably and then hang on for the ride. Hopefully it goes up. Day trading is risky, but sometimes you can make a buck.
 
Pure speculation drives the market and oil prices. Optimism leads or lags real situations. We are in a bad situation. I wouldn't bet on a total turn around. If I knew where to hide my marbles, I would.
 
It is too bad that paranoid lemming idiots run the stocks up and down at the drop of a hat on good or bad news.
 
I hope the rally is not a dead cat bounce. It may have been because there is talk about stopping the practice of naked shorting by everyone envolved with the buying or selling of stock.
 
I agree. I ran across some old Money magazines a couple years ago. A lot of their predictions and stock picks sucked 3,4,5 years on.
 

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