Posted by fixdgear on 18th of Nov 2010 at 10:31 am
still above broken down trend line even though 1197 on the
SPX..steve you had mentioned 1194 could bring higher prices but
would it still not be prudent to wait to see if 26 which as far as
i can see is the level of the broken downtrend line on the
SDS?...be compromised?..
ALSO...I WONDER how much of the indexes prices are reflected by
the fact GM is listed up $35..!!...what horse manure...one stock up
$35 on the dow can raise the dow by 100 points and more no?...
I don't believe this GM is in the DOW anymore, however,
'Government' Motors IPO is a huge political bonus and it really
should close higher than the open today to make good on all the
payback the dealers have gotten in recent months. Sentiment
Trader posted charts today on what happens after the fact of large
IPO's , and it's not pretty.
Posted by fixdgear on 18th of Nov 2010 at 10:53 am
they rock the stock to 35 mayyybe 40..then it joins FORD at
$17...
tell me why it should be twice the
price FORD is..their cars still suck and certainly not better than
fords...maybe toyota..lol..but not ford..
SDS
Posted by fixdgear on 18th of Nov 2010 at 10:31 am
still above broken down trend line even though 1197 on the SPX..steve you had mentioned 1194 could bring higher prices but would it still not be prudent to wait to see if 26 which as far as i can see is the level of the broken downtrend line on the SDS?...be compromised?..
ALSO...I WONDER how much of the indexes prices are reflected by the fact GM is listed up $35..!!...what horse manure...one stock up $35 on the dow can raise the dow by 100 points and more no?...
GM
Posted by hazbin1 on 18th of Nov 2010 at 10:41 am
I don't believe this GM is in the DOW anymore, however, 'Government' Motors IPO is a huge political bonus and it really should close higher than the open today to make good on all the payback the dealers have gotten in recent months. Sentiment Trader posted charts today on what happens after the fact of large IPO's , and it's not pretty.
GM
Posted by fixdgear on 18th of Nov 2010 at 10:53 am
they rock the stock to 35 mayyybe 40..then it joins FORD at $17...
tell me why it should be twice the
price FORD is..their cars still suck and certainly not better than
fords...maybe toyota..lol..but not ford..
GM
Posted by hazbin1 on 18th of Nov 2010 at 10:56 am
now Fixdgear, GM may stand for 'Government' Motors, but FORD stands for 'Fix Or Repair Daily'.
I prefer Honda.