Edited by dcengr, 25 January 2007 - 02:48 PM.
You shall not pass!
#1
Posted 25 January 2007 - 02:46 PM
#2
Posted 25 January 2007 - 02:56 PM
#3
Posted 25 January 2007 - 03:02 PM
#4
Posted 25 January 2007 - 03:06 PM
A selloff in stocks and bonds simultaneously...
Hmmm.
Wall Street Examiner's liquidity tracker has shown another tremendous gap between the SPX and Fed activity. Perhaps we are now at a place where the Fed must pump or the SPX will dump.
Ya the funny thing is, my daughter is playing "the stockmarket game" for her economic class in HS, and I told her to sell all her holdings in the game monday.
Then she gave me the "but daddy.. its going up" speech yesterday.
She listened good enough when I told her to sell AAPL near 100. Many of her classmates were loaded up with AAPL, GOOG, etc.. sheesh, you can smell that froth all over.
#5
Posted 25 January 2007 - 03:52 PM
Ya the funny thing is, my daughter is playing "the stockmarket game" for her economic class in HS, and I told her to sell all her holdings in the game monday.
Then she gave me the "but daddy.. its going up" speech yesterday.
She listened good enough when I told her to sell AAPL near 100. Many of her classmates were loaded up with AAPL, GOOG, etc.. sheesh, you can smell that froth all over.
Wow, they start the training while they are younger now...
The next bubble will be easier to blow then...
#6
Posted 25 January 2007 - 04:50 PM
#7
Posted 25 January 2007 - 06:06 PM
Caspary--
India is in a different situation than US here. They are in an exceptional
expansion mode. Any downturn in US economy will have minimal effect
in India because Indian economy is NOT export driven. There are 1.1 Billion
Indians hungrily absoring all the goods their economy can produce.
I read an article this week saying China is trying to clamp down on unsustainable
growth to discourage excess manufacturing capacity. Assuming that will happen,
then India will have the fastest growing economy amongst all the major economies
in the world.
Conclusion: Any correction in BSE should be a buying opportunity for atleast
a couple of years and more.
no wonder $BSE went right back up after dropping in early January. I almost thought a double top was being put in, but we're actually above that now and looking like uptrend is intact. you're probably right on India, we'll see in the next few years! I feel like relocating there just reading about all the stuff going on there like in Mumbai. Lots of investment pouring in.