Reason for bounce

    Posted by racerick on 20th of Nov 2008 at 12:28 pm

     

    US) Senator Bond: A bipartisan group of Senators has agreed on an auto industry aid plan - Bond, Levin, and Voinovich to hold press conference at 2:30pmET to discuss the details of the plan.

    GM F SPY

     

    Auto Deal

    Posted by rgoodwin on 20th of Nov 2008 at 01:02 pm

    Is it a case of buy the rumor sell the news. They are just redefining the initial 25B already authorized and saying they don't have to use it for retooling....

    rgoodwin - yes that's a possibility

    Posted by matt on 20th of Nov 2008 at 01:04 pm

    rgoodwin - yes that's a possibility too...agian trade this market for now

    nice SPY touched my downtrend

    Posted by dylan398 on 20th of Nov 2008 at 12:37 pm

    nice SPY touched my downtrend line on the SPY on that news....now what will she do??

    BO!!

    Posted by dylan398 on 20th of Nov 2008 at 12:50 pm

    BO!!

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