probably

Current Events » in reply to re: the longest reach I've seen yet.

probably

Greg — 1/30/2004 6:08:50 AM (archived)

The current rise of the market may well be in anticipation of Bush's reelection. Rather than long trends though, it's more common to see fast rises and falls in relation to news like speeches, etc. If an announcement is believed by traders to be bad for the market they short sell, and this persuades others to do the same, and then they profit take.

It can be fast and easy money, in and out of a stock in a day.

The whole thread (18 posts)

why did the Bush recession start? - Greg - 1/29/2004 1:24:14 PM
- Since the clinton recession started in 2000, you tell me. (n/t) - ebnelson - 1/31/2004 1:15:17 AM
- When you start taking 300 and 400 level classes, let us know. I'm sure we'd all be glad to help. (n/t) - RobVG - 1/30/2004 1:24:32 AM
- According to the NBER (the official arbiter of when U.S. recessions begin and end), the economy peaked in March of 2001 . . . - Odin - 1/29/2004 11:37:05 PM
  - Maybe not. Your assertion appears to be dated... - Larry J - 1/30/2004 3:29:59 PM
    - Firsthand view - Tom Brosz - 1/30/2004 5:20:48 PM
- This has GOT to be the longest reach I've seen yet. - Tom Brosz - 1/29/2004 5:58:04 PM
  - re: This has GOT to be the longest reach I've seen yet. - Greg - 1/30/2004 1:12:38 AM
    - re: the longest reach I've seen yet. - Tom Brosz - 1/30/2004 3:55:27 AM
      - probably - Greg - 1/30/2004 6:08:50 AM
  - P.S. The Rest of the Story - Tom Brosz - 1/29/2004 6:18:10 PM
    - re: P.S. The Rest of the Story - Greg - 1/30/2004 9:53:02 AM
- Correction: why did the Clinton recession start? It began in late spring of 2000 with the dot-com collapse. Don't you remember. I notice that your graph omits this period. (n/t) - David F Mayer - 1/29/2004 3:51:04 PM
  - who says it's the Clinton recession? - Greg - 1/31/2004 3:45:51 PM
    - Give me a billion dollars and I'd have a spaceplane flying in three years. What would you do with it? (n/t) - Tom Brosz - 2/1/2004 2:39:39 AM
      - re: Give me a billion dollars and I'd have a spaceplane flying in three years. What would you do with it? - Greg - 2/4/2004 6:50:23 AM
- Answer, because Clinton started it a year before. - JR - 1/29/2004 2:46:23 PM
- Look at the trend. It was falling during Clinton's last year. - JR - 1/29/2004 2:35:34 PM

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