Yum Yum
Another all time high. The headline says.
Started by
Mtrader
, Apr 27 2007 12:50 PM
6 replies to this topic
#1
Posted 27 April 2007 - 12:50 PM
You are on your own. This is for demonstration only.
JV
JV
#2
Posted 27 April 2007 - 12:57 PM
Sounds like a monster short covering rally coming soon......
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.
#3
Posted 27 April 2007 - 01:03 PM
Buy when there's blood in the streets??? since its bear blood one would be selling???Yum Yum
*previously known as pnfwave
#4
Posted 27 April 2007 - 01:26 PM
New highs and Drudge links to a "all the world's a bubble" article
http://www.thestreet...p;puc=breitbart
http://www.thestreet...p;puc=breitbart
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#5
Posted 27 April 2007 - 05:24 PM
Hardly "yum yum" for most stock holders-as breadth was AGAIN negative. As a matter of fact, a random short on any one stock on the Naz had a 60 percent chance of being a winner. I guess the "headlines" don't care to speak of losses.
#6
Posted 27 April 2007 - 10:09 PM
This is not a good stock market. It seems silly to snort and scream bear blood and all the rest when it's apparent to any serious student of the market and the economy that we have huge problems. We shipped our wealth producing jobs(manufacturing) overseas and replaced them with mcdonalds, insurance and derivatives. CEO's make hundreds of millions while the littel guy loses ground. companies do stock buybacks while the ceo, pres and board members sell into the buybacks. The Fed is pumping so much they no longer publish M3. We barely have corrections any more thanks to frequent interventions in the market. I can remember when no one thought the PPT existed and I was ridiculed for bringing it up. We are losing our wealth year after year do to devaluationg dollars and it is covered up with false govt stats. Peter Schiff(who BTW is a nice guy and honest) made a great point on CNBC when he said the DOW hasn't even been able to outperform a carton of eggs over the last year. (eggs up 30%)
I wish we could get some topic going here on how to cope with what is really going on. When adjusted for real inflation or compared to a foreign currency or gold this market has sucked for years. How about some topics on how to move out of the country. Or what to invest in overseas. We seem ill prepared for the future and think we'll pass it off on a future generation. Ha ha. We are nation of dreamers who deny reality. For those who have been long the market congrats but you're getting beaten by a chicken egg.
#7
Posted 28 April 2007 - 07:44 AM
New highs and Drudge links to a "all the world's a bubble" article
http://www.thestreet...p;puc=breitbart
yep itsa bubble.....1982 style eh......
http://www.workers.o...is/eccris01.htm
Edited by da_cheif, 28 April 2007 - 07:45 AM.