He said this is a terminal move, and/or it could blast to new highs.
Remember, you made your bets on Friday the 13th.
There are a lot things going in the favor of new highs:
1) Good internals
2) Economy strong
3) Job growth strong
4) world economies are strong (China, India, Euro block, etc.)
5) Very low earnings expectations - most should meet or beat
They all guided lower for awhile now.
6) Loads of liquidity still
7) Easy to borrow for cheap money.
8) Corporate coffers are bloated
9) Stock buybacks are huge
10) Strong M&A activity - again company's need to do something with all of that cash
11) EXCEPTIONAL Technology innovation going on right now (strong IPO's)
12) Iraq war and Iran already priced into the numbers
13) Low taxes
How many more do you need ? If the market slides a bit it is a great buying opp.
Good luck.
QID - did you see Xd's post ?
Started by
nimblebear
, Apr 13 2007 10:59 PM
2 replies to this topic
#1
Posted 13 April 2007 - 10:59 PM
OTIS.
#2
Posted 13 April 2007 - 11:17 PM
Where is Xd's blog?
#3
Posted 14 April 2007 - 02:15 PM
Where is Xd's blog?
I guess you didn't read the answer yesterday that was posted immediately under your same question.
Question...
http://www.traders-t...?...st&p=282828
Answer...
http://www.traders-t...?...st&p=282830