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There are days when a noon-hour check on your stocks won't be warm and fuzzy

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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 01:41 PM
Original message
There are days when a noon-hour check on your stocks won't be warm and fuzzy
and for me today is one of them... Ouch!

Ok Fed I'm more than ready for your news! Let's get it over with. The suspense is killing me on paper.

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MazeRat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 01:52 PM
Response to Original message
1. Yeah.... I'm getting spanked too..... *sigh -nt
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 01:58 PM
Response to Reply #1
2. Yeah, not fun
but we get to suffer together.

:hug:
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Chimichurri Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 01:59 PM
Response to Original message
3. Bah it's going back up. Seems the news is what Wall St wanted to
hear.
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 02:01 PM
Response to Original message
4. "profit-taking" ... I think we'll see a lot of this for the rest of the month.
Capital gains tax rates are at all-time lows. The future is uncertain. I think we're seeing end-of-year "pump-and-dump" moves.

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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 02:13 PM
Response to Reply #4
5. The announcement's expected about 2:14 est. brace yourself...
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 02:20 PM
Response to Reply #5
6. Core Inflation Rate.
It's profit-taking time.
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-12-06 02:25 PM
Response to Original message
7. It'll be no change. What everyone expected--right
that's why so many were locking in profits for the year.
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