Posted on 01/22/2008 5:03:46 AM PST by al baby
Goldman Sachs said if all speculative length were liquidated on the oil markets, prices could drop to the low $80s, but fundamentals of supply and demand would probably prevent funds from selling out completely.
"Fundamentals continue to show little sign of weakness and suggest that the recent sell-off is overdone," Goldman Sachs wrote in a note.
http://news.yahoo.com/s/nm/20080122/bs_nm/markets_oil_dc_11;_ylt=AgxSbq70Nmw3ktsdEBqNjLME1vAI
The markets will cease dropping when the traders perceive the prices of individual stocks present a good value as they look about 6-9 months down the road. Right now the turmoil is much more a product of the great uncertainty regarding the sub prime mess then any fundamental
weakness(s). The markets despise uncertainty and will always assume the very worst in the face of it.
Does the new FOX business station have streaming? I’m at their site but don’t see it’s available
WOW! Rick Santelli is beating up Cramer for beating up on the Fed! “Look Jim, you’ve been bullish on this market for months!” They ended that segment PDQ!
your stock trades as a stock when the stock market is open.
Futures are another way of trading things (stocks, stock indexes, etc. etc). Because they are an alternative market for the same or similar instruments (stocks, for example), their prices are indicative of the price of those assets (in the stock market, for example).
You could also trade stock futures and stock index futures if you were up for it, but it's generally a tool best left for professionals. and the entry fee is a bit high (as a it should be), because it's a much riskier market.
ha ha Cramer!!
The FTSE is now UP on the day.
Were down -525 earlier this morning
We were down about 650 earlier then that.
“u could also trade stock futures and stock index futures if you were up for it, but it’s generally a tool best left for professionals. and the entry fee is a bit high (as a it should be), because it’s a much riskier market.”
Thanks a lot for explaining that. Now I know that which I didn’t know before. It’s always good to learn a new tidbit of info. So, I am not a future, but just a simple stock, LOL!
“a future is a separate contract, related to a stock index as a whole, not to individual shares.”
Much thanks. I’m learning, slowly but surely.
I agree 110%. That’s a show all unto itself. :)
Whoa...
LOL gotcha
There’s a full moon today. The loonies are taking over the asylum.
Now Cramer says BOA should back out of the Countrywide deal..
Could be one those few days where the lower Manhattan bars are full before the Bell.
I think cooler heads will prevail by the closing bell today.
Man...we usually do not see such a quick stabilization, but the day ain’t over yet Ya think maybe yesterday’s action in overeseas markets market was planned (timed) as US markets were closed yesterday? That is, to give US investors (banks and all) time to re-position to liquidate for the upcoming margin calls? The big fund guys, I mean? Most individuals (small time independent investors) do not have access to futures.....all they could do was put a sell order in for this morning.
As of 10 minutes ago, 9:11est, its -427.
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