Posted on 06/05/2009 6:13:30 AM PDT by MeneMeneTekelUpharsin
The economy as I read it is not doing very well and hasn't been doing well for quite some time. I've never seen the situation nationwide as bad as it is now. The vast majority of students I teach in school will not do quality work or will not do much work at all. And, I've seen that in every school in which I've taught for the past 16 years (8 schools in all). I've been hounded from one school to the other because of my conservative views and for pushing the children to do better. When I finally started scaling my program down and began to lay off of the kids, I began to fit in more and have been at one school for the longest of any of them.
My investing philosophy has been that things can not hold up from what I've read and from what I've seen in the work ethic. Knowledgeable investors here know that as a result of the "short" investing strategy I've lost my butt. Can some one explain to me how everything can be working on the wrong principles and the markets keep soaring up in this country? I simply do NOT understand how it is all happening. The market is a leading indicator. How in the world are we going to have a good economy when all of the wrong decisions are being made? Someone please take the time to explain it to me.
All I am seeing is that laziness and incompetence and immorality is being rewarded and I simply do NOT understand.
Speculation. Calculated speculation.
You’ve lost your butt but the market is soaring. I don’t understand what you’re saying.
Shrinkage should mean the survivors are stronger.
Shorting stocks and buying Bear ETFs. Oh, skip it.
It is still 5,000 of its high a couple years ago, and is bound to fall back down before this thing is over. It seems to me like a short rally because people sitting on the sidelines were getting back in the market. There are too many closings, cuts, and pay reductions going on to produce a recovery.
Because PT Barnum was right!
“You’ve lost your butt but the market is soaring. I don’t understand what you’re saying.”
...because he shorted the market(bet it would go down)
To be honest, no one knows why the stocks are rebounding. Sure, there are some signs of a recovery, ie Baltic Dry index.
However, the standard method of investing in broad mutual and index funds is a proven, stay the course idea.
I know several money managers how gone fishing until a later date.
It is the Obama porkulus recession Bubble...
Betting on deflated Dollars!
...I don’t understand it either...I’m on the sidelines in cash and am reluctant to go back in...I feel this March to June rally is fool’s gold....my nest egg can’t afford another leg down.
As of today, I simply don't believe that any more....just don't believe it. Some how they are manipulating things UP.
I believe the market is responding to the coming inflation. It will stop when the market understands there is no future (i.e. profits) in a socialized economy.
I think the market is being manipulated, and the crash was due to manipulation, too.
Having said that, I know very little about the market. I just have the sense that there are some relatively unknown super powerful people pulling all our strings. I don’t know who they are, but I’m pretty sure they’re not interested in our prosperity or freedom. I’m still wondering if Obama is one of them, or if he’s also a puppet.
I realize that my market segment may be an anomaly, but that is absolutely what I am seeing. If we maintain this for another month or two, we will get everything back to prior levels and carry on.
Why?
1. It fell further than needed based on emotional panic.
2. The Fed began giving banks 0% money to loan, and it made them look solvent. Fed money always makes things go up for awhile.
pre-market futures are surging...up 120 points!
Because the dollar keeps going down. If a dollar becomes worth a nickel, then a dollar’s worth of stocks will become worth $20.
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