9.26.2008

and now the waiting game...



Everyone is expecting "something" this weekend, right?

If I had to guess when the bailout occurs, it would be AFTER they announce that they have NOT come to a conclusion. The reaction, the market sells off like mad, GOOG to 300, RIMM for 50, AAPL for under 100, THEN, days later, when everyone is out of the market, they announce they have come to a decision. The reaction, the market rallies, and the Dow is up 1200pts, Nasdaq up 140pts..

It's the element of surprise where you get the most bang for your buck...

tb