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Re:Dow Closes Up 10.9%, Nasdaq up 9.5% by cbrinker on Wednesday October 29, 2008 @01:42AM (#347180)
This isn't a bottom and a reversal, this is a bear rally. Tomorrow the fed will be dropping interest rates 0.5% and we may see a slight rise or stagnation. Thursday the government will be releasing some quarterly reports, which will probably show just how bad things are getting and the market will eat crap again (-4/500).

Prepare to hit the 7000's in the coming weeks as no one buys squat for xmas. Sorry little Timmy, due to fiscal irresponsibility there's no Christmas this year.

Re:Dow Closes Up 10.9%, Nasdaq up 9.5% by cbrinker on Wednesday October 29, 2008 @09:43PM (#348311)
Looks like my Wednesday prediction was spot-on. We'll see just how low we can go tomorrow.