Open Question

PICKR POLL: Next week is pretty light in terms of economic releases, especially
compared to this week's data. There are only a couple of reports scheduled but
none are considered to be of high-importance. Given that the market responded
somewhat well to todays news, won't this be good for the markets next week? The
dollar showed some strength and oil backed off of it's highs. I don't see where
the bad news is but I see some pickers still calling for another round of blow
ups? Don't want to beat this thing to death but after this week I gotta believe
there is a rebound coming.

Asked by HBOMBER 3 months ago - 6 answers - 67 views
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i expect next week to be just fine as long as GE is fine on friday. I expect
oil to be lower by the end of the week and the energy sector to lag. Basic
material could lag also but not as much. Without any major global issues over
the weekend and the bear stearns FED eval release later today is fine i expect
next weekend to be pretty and at the worst another bounce off the 1250-1260
level.

Answered by JEwald - Bookmark this User - Ignore this user
3 months ago - Report Abuse

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so you think a kudlow opinion is actually believable. mccain has probably never
been up in the polls and wall street has given more money to obama's campaign.
if you think a continuation of bushonomics is a good idea than vote mccain ~
aside here: i like the guy and could still vote for him ~ the increasing budget
defecit has to be taken care of and tax cuts ain't gonna help. mike

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Here is a tip I noticed: check it out for yourself
when Mccain starts leading BUY
for some odd reason the market shy down when Obama is frontrunner. Kudlow
actually pointed this out on his show and so I started watching this trend. I
was amazed to see he was right. Maybe it is a coincidence however you must keep
in mind what each senator is for . Obama wants to kill corporations with huge
tax hikes that could sky rocket to 60%
Mccain wants Corporate taxes cut lower than they are now. Obviously on a
business stance Mccain would mean more money to the shareholder-

Answered by Xaviar - Bookmark this User - Ignore this user
3 months ago - Report Abuse

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If the market rallies a bit next week, use the opportunity to get out of some
bad stocks you were in. Do not look at the rally as a change in markets because
only good earnings reports can strengthen that. I feel the market is way
oversold and will look for any chance to march foward, however do not invest in
it but rather trade it. With the fundamentals attached to these market movers,
it is no better than sitting in sinking sand.

If you get to confident in these mini rallies coming up make sure to watch your
back because the market will whipsaw you any chance it can-

Have a Fun 4th

Answered by Xaviar - Bookmark this User - Ignore this user
3 months ago - Report Abuse

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A lot of great companies are grossly oversold. A rally is a strong
possibility.
Kathy in NJ

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We may get a counter trend rally in this bear market. Doug Kass feels we may get
a rally. Do not have an idea on the length. May provide opportunity to clean up
your portfolio.

Alcoa and GE report sometime next week, I believe.

Answered by T-Bird - Bookmark this User - Ignore this user
3 months ago - Report Abuse

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