Quote:
Originally Posted by Laszlo
LOL! Maybe... I'm downright confused by the market right now. I mean, you can buy oil on Monday and sell on Thursday and make 10% every week... That doesn't seem right either, but it's happening. Rigged? Inside trading? Who knows...
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Basically, people are bargain shopping. There's some fools that still think the market will turn itself soon, that's why you see company such as GOOG so high. That stock should be in the 100's.
No one is holding long, everyone is either shorting or day trading. If you have the time you can easily day trade anything on the market and make a few hundreds to a thousands in seconds. For example you can even make money off of GM, BOA, CITI.