Sales for June were better than expected which has given a lift
to their shares and the general mkt, after the fall from the worse
than expected sales from Ford.
Gm boosts DOW. Seems Oil puuls back each day about this time -
just vbefore the close in the pit and they need to stay above 11280
for the psychological level of a bear market. Gold stocks all
started down after GM as well
Rather get a bounce so resulting downside could be a little more
certain.
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GM
Posted by saturn6 on 1st of Jul 2008 at 02:03 pm
Sales for June were better than expected which has given a lift to their shares and the general mkt, after the fall from the worse than expected sales from Ford.
Oil taken down with that news too.
GM/Oil/Bear Market
Posted by rvk1958 on 1st of Jul 2008 at 02:12 pm
Gm boosts DOW. Seems Oil puuls back each day about this time - just vbefore the close in the pit and they need to stay above 11280 for the psychological level of a bear market. Gold stocks all started down after GM as well
Rather get a bounce so resulting downside could be a little more certain.