Bullhauler
Well-known member
Another good day for the Dow. Market is up over six percent today. Looks like March might just be the best month ever.
reader (the Second) said:Amazing that there's a dark lining in every silver cloud for some people.
I for one am happy and hope that the trend of last week and today continue.
kolanuraven said:Homes sales up 5%.....market up 1200 in 2 wks.......best since November
TexasBred said:kolanuraven said:Homes sales up 5%.....market up 1200 in 2 wks.......best since November
Yep...fire sales. Hundreds of thousands available that for years had been grossly overvalued.
kolanuraven said:TexasBred said:kolanuraven said:Homes sales up 5%.....market up 1200 in 2 wks.......best since November
Yep...fire sales. Hundreds of thousands available that for years had been grossly overvalued.
You just can't take good news at face value can you? :roll: :roll: :roll:
I think this hits it by what I have read. A sort of complacency will set in that will put people in the buying mood. Then once the impact is felt of the erkel(sp) financial plan sets in, watch out.read a series of predictions a couple months ago for 2009, it predicted that the stock market would climb a little with a significant drop this spring. People would start buying at the low again and will slowly climb until fall where we will see a huge drop, more severe then what we have seen as of yet.
TexasBred said:reader (the Second) said:Amazing that there's a dark lining in every silver cloud for some people.
I for one am happy and hope that the trend of last week and today continue.
Heck I hope it goes back to 14,000....but only if we do not have to compromise our free market system.
reader (the Second) said:Amazing that there's a dark lining in every silver cloud for some people.
I for one am happy and hope that the trend of last week and today continue.
hypocritexposer said:** The Obama stock market had its worst January in 113 years.
** The stock market had its worst February since 1933.
** The Dow has dropped faster under Obama than any other new president in 90 years.
** Actually, the stock market has turned in its worst performance ever for a new president under Barack Obama.
TSR said:hypocritexposer said:** The Obama stock market had its worst January in 113 years.
** The stock market had its worst February since 1933.
** The Dow has dropped faster under Obama than any other new president in 90 years.
** Actually, the stock market has turned in its worst performance ever for a new president under Barack Obama.
And everything was in such great shape when he took office. Geez.
TSR said:hypocritexposer said:** The Obama stock market had its worst January in 113 years.
** The stock market had its worst February since 1933.
** The Dow has dropped faster under Obama than any other new president in 90 years.
** Actually, the stock market has turned in its worst performance ever for a new president under Barack Obama.
And everything was in such great shape when he took office. Geez.
Sandhusker said:TSR said:hypocritexposer said:** The Obama stock market had its worst January in 113 years.
** The stock market had its worst February since 1933.
** The Dow has dropped faster under Obama than any other new president in 90 years.
** Actually, the stock market has turned in its worst performance ever for a new president under Barack Obama.
And everything was in such great shape when he took office. Geez.
He can thank his own party for that.
Quantitative easing is the word or a euphemism for monetization or the printing of money, to buy U.S. Treasuries or debt by the Federal Reserve. Why this attempt at debasing the dollar would be deemed as a reason to buy stocks is beyond me. Once again the herd mentality is well and alive-- jump on the bandwagon and buy because everyone else is buying. This rally will fail and meet the same fate as its predecessors. Why am I so confident in my prediction? It is high valuations and low demand. Valuations are not low enough in most sectors to support a sustained rally. That is especially true in, the often lusted after, technology stocks. Not only are valuations high but the outlook for earnings is negative and the economy is deteriorating. Just because some stocks are down 50% from their all time highs does not mean that they are undervalued or that they make good investments.