Is the stock market spring loaded? Could it move 3,000 points higher now?

Investors are not hungry for good news, they are hungry for money from people stupid enough to invest in this market. They are hungry to steal as much as they can from hapless people that actually believe the Wall Street talking heads that promote the "investment" con game.

Tuesday's 379 point gain will be history by the end of the week. All it takes is one bad earnings report and the bottoms falls out. The DOW index will dip below 6,000 by the end of the month.

LOL... Obama just gave a little speech on earmark spending.. as soon as he stepped away from the michrophone, the DOW lost ALL of the morning gains! What a fine president we have!

YOU want good news..the fed no longer exists...

OK here is my story,I am one of those people effected by this economy. in nov 2005 i fell off a roof,cut off cirlucation
to my body, had to lean to walk and talk again - it took years. after I paid the bills for a year off of savings -the money was gone - lost everything - finances went up in smoke. im fine now - but Now I am in a trap I could use a little help getting out from under.I cannot pay my bills, i do not make enough money- the only calls I get are bill collectors,friends are gone - no jobs.The only thing I can do in this economy is take a bath - eat -have a place to live, just who are these responsible people, the President talks about. I cannot pay bills - I make to little- stocks rebound on the slightest good news, I went to Fort Lauderdale - to try and find work, its just as bad, I want to work - I havent been able to do anything for my children for years, I dont have the money or a job, Im 49 and begining to feel hopeless, just where are these jobs! If there are people ike me all across this country,God help the United States - oh and by the way - i make so little money I can barely jet to a job - let alone look for one. If you know of anything my email is davesandgo@aol.com - Contractor, Site Manager, estomator, no trouble with the law, no drugs, aolchol - Please i need a Job. I will take anything - I need to stay active.

The stock market will do anything based on any news because Wall St is clueless.
The good times are over, and we are waking up to reality. Less jobs, less pay. Frugality. In fact I read a good blog about the new frugality at thegoodfella.com called Lets get Ready to Humble. Check it out -it woke me up a little.

Now if only BoA can put out a positive report like Citi did yesterday that should indeed make positive rally and despite the horrible management that went on there as a result of its corrupt leadership. The institution shouldn't fail for the actions of people.

What rally? Just a small correction people taking some profit. In order to have a rally we need to change today's policies in Washington and until that happens this market will stay approx right where it is if it doesn't look for a new low that is. When Washington says it will tax the investor they mean it so who would invest any serious money with that attitude? This will take years to fix not months.

Any positive or upward activity at the DOW is a rally, regardless of whether or not it resulted from a correction or some other type of activity-its still a rally.

There is nothing wrong with the average person investing in the markets. You have to be conservative and NOT put all your funds in stocks. Diversification and LONG TERM is the key. Day traders and short sighted investors are pinning their hopes on buying low and riding the stocks up then selling off quickly. The problem is, the markets are top heavy with this class of investor! In a bull market this works but, in a bear market and economically challenged times, it gets messy.

I'd feel a lot better about the Dow point gains if the volatility wasn't so high and the pop wasn't based on a mere leaked internal memo....

Suffice to say, even if the market is indeed spring-loaded (great metaphor by the way) then it is still a fragile spring.

As a bull, I'd love to be wrong about this, but that's just how I see it right now. But I voted "clueless" because I simply do not know what will happen next....

Why would people not invest or even in their 401k at all time lows, based on a poor economy? They were the same ones who bought at all time highs and lost all or most of it....you don't have a choice or could do the money market. 401k is like free money on two counts, less taxes you pay and any contribution from the employer. If you look at the companies in some of the funds they're really good ones....so people are learning that they will make less and have less....they will still be forced to work at these companies. And because of this, the companies profits should be higher. It's not like the companies are all service sector and recreational. On this note, my only concern is executives getting paid too much, taking away from their investors.

Obama's economy has more to give up before we have any significant rally. Look for big losses later this week!

Now forget about... all you have just read enclosed! The market will rally soon. WHY? Many banks are finally loaded within their six-shooters. In other words, dollars from the government, "one way or another" dollars from AIG which they were entitled to. You see as many do not want you to, AIG insured many of the loand and sadly, the market ran out of chairs in the " musicial chair" game of buying and selling this junk. How much? About 10 million loans, in lest than 29 months!! Sooo now you see, the banks were entitled to the funds due by AIG, but ask yourself this question: " Why such a round about way of doing it"? Maybe also, by being in review and making only 1% additional of your brain to work more, you can find the answers. Did the banks double or even triple dip?? Or are they ready to bring the market down to nothing and BUY BUY BUY....!!

The elephant in the room is the credibility of whatever ultimate plan the government implements to deal with the toxic assets on the books of our financial institutions. The market new soared on an announcement from one of those banks that clearly represents this concern. Any rally before that determination is beyond suspect.

Well, you posted something that got some attention and IF you look around, you will see what I am talking about. I find this a rather strange observation as there used to be a great deal more intelligent life out here. I also see something in another blog that I mentioned last week regarding the status of company pension funds.
To stay with the blog - yup, it's possible that a bounce is around the corner and it is not based entirely on Citi coming in with black. You have to keep in mind that there is something about charges (and not taking them) in this report. It would rather be a case of the financials showing some degree of strength, however slight. Some good news is in order. It is also possible for me to see a Badger in my back yard (they are not common to the area), but I did.
I can only ponder whether this is a bad or good omen? Let's hope for good as the entire world needs a healthy dose.
I know you need a good laugh - I love the Jon and Jim controversy. Nothing like one comedian picking on another. I tink (no mistake)(arte Johnson)
anyone looking for good picks should listen to both of them.

The basic thing nobody asks is why do people take drugs of any sort? Why do we have these accessories to normal living to live? I mean, is there something wrong with society that's making us so pressurized, that we cannot live without guarding ourselves against it?
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