Market is starting to interest me. I’m looking for a 20% correction on which to buy.
Smoke and mirrors are clearing a bit?
Don’t worry... Barack Inane Obama, all-knowing and brilliant economic genius is in charge. What could go wrong? He’ll just state that anyone selling stocks is a racist and the bleeding will stop... problem solved.
If you follow “the Super Bowl indicator” we are in for more downside.
That is because 2 original AFL teams are playing and therefore the AFL must win.
Yes it is a stupid indicator but it has a following and has almost become a self fulfilling prophecy.
Stocks go up, then they go down. Remember, the market was under 15K just 5 month’s ago.
The market’s a roller coaster ride. What’s really scary is the size of monstrous federal government that creates monstrous poverty. And many of the market’s ills and fluctuations of late are caused by government. Kill the government beast and the free markets will reach new heights of creating wealth.
Lemmings near the cliff?
SELLL!!!!
So I can afford to buy on Monday.
I guess I picked a bad day to stop sniffing glue...
How long ago did the market actually reflect wealth creation?
Somebody found a way to hack Bitcoins?
Buy the exchange traded fund SQQQ. It is up 4% so far today. It specializes in short selling.
It might be time to buy. Gubmnt is still pumping.
"Sell, Mortimer, sell!"
My bet is they’ll (CNBC, Bloomberg, FBC) blame it on the ‘fat finger’ again. Business as usual come Monday.
I got out yesterday.
Let it correct.
“Do Not Be Afraid”, John Paul II.
Savvy analyst on CNBC noted back in December that Tax strategists were advising their clients to NOT sell and take profits before the end of 2012, but rather......to wait until after the turn of the year and take profits in 2013. That’s what they’re doing..........taking profits off the table.
Then, they’ll buy back in to different sectors; its profit taking followed by sector rotation.
There’s a cool way to play this. Each sell-off day, check to find the stocks that didn’t dive, or actually went up! Then check that list with a list of companies reporting higher earnings. Finally, compare the list that’s left to stocks trading at a forward PE multiple less than 16X and which pay a dividend in excess of 1.5% Those are the companies the big boys will be or are, rotating into.
the market is only where it is because of outrageous, unprecedented and dangerous government debt monetization and Federal Reserve artificially building the balance sheets of its member banks.
The Federal Reserve is the foundation upon which the Democrats and Progressive government is built. Its printed, borrowed and devalued money that allows the government to fund the nanny state, co-opt business to political purposes with crony-capitalism, and in turn, support the social changes that are forcing conservatives into an ever-tighter box.
I personally hope the whole thing collapses. Want to see Andrew Cuomo, Chuck Schumer lose? a 2 year collapse on Wall Street and they will be the first to howl.
Sorry - do I sound like a radical?
