You gotta love them yanks!

[john_1]

The rest of the world takes huge losses as Bear Stearns goes belly up and what do the US markets do... the rally as if nothing has happened. Instead choosing to try force good old Ben into a full % point rate cut.. As if he has not done enough for wall street as it is. Print the price action of the last 2 days and file it because there are some great lessons here.

[#2]

what do you forsee 2morrow for jse??

[#3]

prob up 2morrow, but be assured, theres more bad news to come from our friends with the credit hassles. Futures close-out soon will also help push the top40 up, but after that, who knows. metals losing their lustre might bring us up to par where we ought to be. weve been propped up by the RESI for a while now. Lets see what happens in the next week or so.

[#4]

oh yes. US Futures close - out tomorrow

[#5]

thanks g..we'll see how it goes

[john_1]

MO, I can't see into the future, and expectations are the most costly things to hold in the market.. All I do is trade the price.

[#7]

Good idea. Safest bet.

[JohnnyCash]

And by the look of things market reckons JPM picked up a bargain! Up 10% at one point. Dont know where they closed! We're always busy making history, but its not always as clear cut that it will be significant way in the future! Well this is significant and will have plenty repurcussions....

[JohnnyCash]

And by the look of things market reckons JPM picked up a bargain! Up 10% at one point. Dont know where they closed! We're always busy making history, but its not always as clear cut that it will be significant way in the future! Well this is significant and will have plenty repurcussions....