Hang on folks down we go again on the Wall Street Obamacoaster.
Posted on 08/20/2010 7:06:11 AM PDT by Mad Dawgg
Aug 20 (Reuters) - U.S. stocks opened lower on Friday following losses in global equity markets as worries about the economic recovery persisted.
(Excerpt) Read more at reuters.com ...
Hang on folks down we go again on the Wall Street Obamacoaster.
Down 70.61 (0.69%) will the PPT step in to stop a fall below Dow 10,000?
The funny part is the Brunette Erin on CNBC. Like an Obama cheerleader. Actually she is more like a cheerleader on a 1-10 NFL Team.
UNEXPECTEDLY!
Hey now, the Browns don't have cheerleaders.
Stocks are not yet low enough to me to buy. I have a few names on my buy list, but they are not hitting the price I am looking for.
DOw 6000-7000 looks likely in the coming months. Another buying opportunity? :)
I don’t go by the Dow. I know what the projected discounted cash flow of the companies I want to buy is, and I have a target price I am willing to pay for that flow.
I am looking for PFE at 15, CVX at 70, MO at 20, EXC at 38. Would buy one or more at those prices.
The only thing thats going to go up anytime soon is the number of conservatives in the House and Senate!
and will...
.... You have Priceline.com up well over 500% in five years, you have Apple next...
...partial investment is going overseas by educated investors and/or through their brokerage houses. Really shows the uncertainty in long term investments here. Money has to be placed somewhere for growth. We have stronger growth and investment in China (Singapore), much of the Asian countries, Germany..Sort of compared to the tide drawing low on one shore and coming in high on another.
....lingering uncertainty on this Administration and the Bush tax cuts are next in line as is the housing numbers next week I believe due out-Congress will be back from vacation and have to know they have used up all their obvious "excuses" or "good crisis" cards. November is around the corner.
America is resilient..this cancerous administration majority will be removed.
Everyone on CNBC, with the exception of Rick Santelli, has been touting this phony “recovery” and mourning every Thursday when the “unexpectedly bad” unemployment number is reported. Bumper sticker idea for Wall Street: Rick was right!
I know. i always look forward to Santelli. He drives Lisman and Harwood crazy.
Really. Well the Bucs have some. They are going to need them this year.
10,164.65
-106.56 (-1.04%)
Real-time: 11:48AM EDT
PPT to the rescue at around 3:05 is my guess.
Everyone will forget that it was reported yesterday that George Soros was playing the markets pulling out yesterday.
Yep.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.