Not out of the woods yet, but the extra money being pumped into global corporations is helping to ease market fears.
Markets had another V-shaped day, centered around noon. I've been basing my strategies on that recently. Around noon US EST, England's markets close, and it seems to drive US markets down. As the afternoon rolls around, they go right back up. Its been two days of this (and many times over the last 5 months), and there's no particular reason to believe this won't continue.
For anyone who trades in indexes, this kind of predictability is a real money maker.
Thursday, December 20, 2007
Increased liquidity eases fears
Posted by Finance Guy at 12:59 AM
Labels: stock market
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1 comment:
Hi Finance Guy,
What brokerages do you use or recommend? I have a few thousand dollars that I want to put into index funds or something. Any suggestions? Thanks.
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