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Author Topic: WHATS GOING ON WITH THE MARKET?
Day Trader
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WHY IS THE BID AND ASK SO FAR APART?
INTC, MSFT, EBAY AND MANY MORE. BID IS SO FAR AND LOW . UNBELIEABLE LOW FROM THE CURRENT PRICE.
I NEVER SEEN IT HAPPENED LIKE THIS BEFORE.

IT THIS SOME KIND OF TRICK THAT THE MM IS USING TO PLAY AROUND WITH THE NEWBIES?

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Mike


Posts: 107 | From: Vancouver | Registered: Nov 2003  |  IP: Logged | Report this post to a Moderator
VNGNTN1
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Might be possible somethings coming down the road and thier reducing thier books.Also this the time of year when Mutual funds rebalance portfolios, maybe they try to pickup a few eaxtra dollars

[This message has been edited by VNGNTN1 (edited November 23, 2003).]


Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
chrisNdee
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This market is ready to crash. Most companies expenses exceed revenues and many are replacing needed revenues with sale of assets.It all comes down to why we are loosing industry and jobs that go with it to China. In business transactions, 100 yuans = 1 gram of gold = $13.50. 1 yuan = $8.27. 100 yuans = $12.09. The USA has two choices, 1 Get its house in order by cutting taxes, open the service industry to competition, cut inefficient spending, get rid of dubious job creation schemes, or 2 merge with China and have the communist party force on us 1 above.
Posts: 62 | From: Franklin ME USA | Registered: Nov 2003  |  IP: Logged | Report this post to a Moderator
Malichi
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Chris, in a way, I totally agree with you.
We've been outsourcing work for so many years
now [it all seemed to start with NAFTA, but I may be 100% wrong here] that it's unreal.
Walmart ran an ad about "made in the USA" 2 or 3 years ago, of course hoping to catch up
on the masses much more patriotic leanings at the time, and so have other companies.
It's all a joke, and unfortunately, it's on us !
These companies could care less about made in
the USA or anything else about the USA; the bottom line is all that matters to them, and if it's written in American blood, they could
care less. There are few real patriotic companies, though there are some.
But no Chris, the market's not ready to crash, contrary to Elliot Wave theorists and others. Do you think Bush is insane ? Hardly.
And I know the original post is from over a month back, but MSFT seems to be climbing higher now; I'm sure it will climb higher in the coming year, as will INTC.
I look for a good year. Presidents and potential candidates may not actually care that much about the economy and market, but you think the current administration is going to have the economy and market as liabilities, regardless of what has to be done to jack them up even higher ? I'm not really sure, maybe there is real growth, jobs, etc.., but I seriously doubt that. However, don't sell the current administration short as far as shoring it up through Nov 4, 2004.


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VNGNTN1
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MALACHI
Yes you probably are correct. Politics always
creates a strong push into an election year and all the numbers look good. I"m looking for a pull back next year and then a period of growth>
VAN

Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
   

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