Geez, I don't know, I think the big drop has already happened, from 14000 to 8000; are you guys really betting that we'll go to 5000? Did you fail to get yer bets down in time last year? I mean anybody can predict that revs at Exxxon will drop, considering that oil has dropped 110$/bbl from its peak. Speaking of which, won't that price drop eventually get people moving/spending? Why not?
The Financial Ninja is a collection of my thoughts and opinions about current economic and market conditions. These are not buy and sell recommendations. Use your head and do your own research. This is a forum to stimulate discussion and debate.
I started trading during the tech bubble when I was still in high school. My trading has financed my education and I have since completed a BA in Economics and an MBA with a concentration in Finance. I have worked as both a proprietary equity and fixed income derivatives trader.
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4 comments:
Thanks, it's easy to forget that these indexes are composed of individual stocks, and that they can easily move the index.
Love yer blog, man!
If XOM goes down, 8000 will be a distant memory for the DOW.
Been patiently waiting (in Dug) for this to unfold. Perhaps this will be the time.
excellent blog! (you don't miss much, do you)
Geez, I don't know, I think the big drop has already happened, from 14000 to 8000; are you guys really betting that we'll go to 5000?
Did you fail to get yer bets down in time last year?
I mean anybody can predict that revs at Exxxon will drop, considering that oil has dropped 110$/bbl from its peak.
Speaking of which, won't that price drop eventually get people moving/spending? Why not?
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