Posted on 09/14/2009 4:53:17 AM PDT by SeekAndFind
Yup. The only reason I'm still holding some stock is because they aren't bonds.
LOL! It’ll be 6,000 or less long before before it ever hits 14,000. Who planted this article?
obama is giving another speech today- he is proposing to fix the world banking system now- he has another plan. There is nothing this genius cannot do (sarc).
A healthy and prosperous stock market is not the product of computerized programs trading the same shares of the same worthless “zombie” companies thousands of times an hour to generate 1/10 cent per trade. That is what we have now. At the same time, personal debt is exploding and consumer credit is cratering. New jobs are simply not being created and unemployment is being intentionally under-reported. The companies that might otherwise create jobs are presently facing a massive increase in both taxes and regulations and are thus not planning to hire. Without more working Americans, even the interest on debt cannot be paid. Do the math.
It will be interesting to watch the markets today as he speaks.
This “rebound” is a mile wide and an inch deep.
There is no strength or substance to a “jobless recovery.”
Insiders are dumping their holldings at a record pace.
Outsiders beware.
Really this is just pro-Obama propaganda. If Barry gets his way the economy will be devastated and obviously so will the stock market. I don’t know how you factor in the Obama risk into the risk/reward analysis so I’m not in stocks.
“Aside from that, I think the powers-that-be (the Federal Reserve and Goldman-Sachs and JPMorgan and the other controlling institutions), are trying to push the Dow to 10,000 to lure as many suckers back into the market as possible before they dump it and walk away with nice profits.”
Thank you. Saved me a little typing.
If US currency is devalued by 90%, an unlikely rumor, the Dow would go to what, 100,000? So yeah, I suppose that with the coming inflation, 14k isn’t out of the question.
Could you give that to me in ounces of gold, please?
I am in the same situation as well.
The reason they are hustling these so hard right now is pending legislation to reign in their ripoff fees and prices. It's a feeding frenzy.
Wheel barrels full of cash to buy bread, sound familiar?
Germany 1944.
I didnt say it was a racist term, you did. All I asked was why lower yourself in such a fashion?
[Low rates combined with loan guarantees and continued government spending are just what the doctor ordered. Deployed prudently over time, they should usher in the sort of business confidence that will lead to a strong expansion of credit to consumers and companies, increases in factory lines, growth in employment and the repair of family and corporate balance sheets.]
Oh, this guy is a lunatic. But that isn’t to say he is wrong about a 14,000 Dow, that only requires 40% worth of inflation over three years. No problemo.
People have to be secure in their employment before they are willing to spend. With double digit unemployment, the assumption that there is going to be a mass of consumer borrowing and spending to fuel this "boom" is so much wishful thinking.
September 10, 2001 closing: 9605
September 11, 2009 closing: 9605
September 12, 2017 closing: ????
“The signs are abundant, if you know where to look”
The author is looking in a tight, cramped space that smells like an outhouse...
Im looking for a good night time job, carjacking ,pimping ....something lucrative
LLS
LLS
Pimp your bad self up and go see your local ACORN lady for some tips.
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