After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.
[After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.]
I’ve expected a dead cat bounce for a while. But Dow to 6000 by end of summer. There is just no there, there.
There will be no recovery until he is out of office.
Do you really think the Dow is going to rally to 8000?
After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.
Yep! The pundits are already saying that he is helping the stock market...look at this week. Can you believe it? One week??? However, Obama is making the stock market go up too quickly. His plan was for it to begin rising in 2010 and then really increase in 2011...silly guy’s plan is too good. lol.
After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.
I;m thinking this small uptick was massive bargain hunting on barely good news from Citi, et al...there’s still a huge mess coming in consumer debt default (credit cards, home equity loans) and the morass of the mortgage plan to refi everyone and their mom yet which will probably not work as smoothly as the feds anticipate...
I still think that 6500 is more likely than 8000 in the next 20 days...belive me I’m hoping your right that we hit 8000, I just am very skeptical that the rise will continue this week and beyond...
There is absolutely no substantive support for a resurgence in the stock market. It is a little bubble echo of the big bubble pop of October 6, full of speculative gas and nothing more.
Fundamentally things are much worse. Obama’s anti-investor and anti-business policies and promises have crippled the market for at least a decade. By summer the recovery hype will be seen clearly for what it is, and the economic collapse will continue.
In the unlikely event that that should happen, it will just be that much bigger heart break for beleagered investors when the real crash comes shortly.
Almost half of the commercial real estate in this country is hanging on baloon loans that come due within the next 90 days. What do you think that portends for the Dow?
I guarantee that there will be a plethora of sellers if the Dow gets anywhere near that valuation in the next 20 days. If it comes about that you are near right, I predict that ten days later, the Dow will be lower than it is now.