Warning: Stock Correction Coming Soon | Page 2 | TigerDroppings.com
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RCDfan1950
LSU Fan
United States
Member since Feb 2007
12494 posts

re: Warning: Stock Correction Coming Soon

Am I wrong in assuming that the Stock Market is directly affected by Bernacke's printing? Kinda like middle men 'laundering' the money, and taking a small cut in some way? I heard something akin to this, but never really understood it.

Romney indicated that he would FIRE Bernacke; begged him NOT to do QE3. So if Romney looks like a winner...a bunch will bail out of the SM...because they will know what is comin.

I can not imagine how Romney/Tea Party will manage this thing. Glad it aint on my shoulders. Could get really messy. Real fast.


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tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
4977 posts

re: Warning: Stock Correction Coming Soon
quote:

I think 51% is a bit doom-n-gloom. I think 33% is closer to what we'll see the pullback get to eventually.





51% is quite high. would take another market bubble to pop

Dow Jones is currently above 13,500. 10% correction would put it at 12,150

20% correction would put it at 10,800

i really don't see it falling back below 10k without some major bubble popping, Europe included.

The market is over inflated and will see a correction, more likely a 15%+/- correction


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ottothewise
LSU Fan
Member since Sep 2008
32094 posts

re: Warning: Stock Correction Coming Soon
quote:

quote:
U.S. stocks have rallied nearly 15% since the start of June, and one expert said that means the market is ripe for a pullback.

"We've just come too far, too fast," said Sean Clark


bull shite.

1. a rally does not "mean" anything.

2. metaphors of distance do not translate into economic indicators.

And perhaps this is a good time to point out that one famous right wing gold seller emailer had told us all that the ENTIRE WORLD ECONOMY was going to collapse and that Oct 1 was the date.



This post was edited on 10/4 at 3:45 pm


Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
40934 posts

re: Warning: Stock Correction Coming Soon
quote:

1. a rally does not "mean" anything.


Why did it rally? What causes stocks to go up?

Was there a economic boom?
or

was there an influx in corporate margins?

What would that occur? What happens when it does occur?



Bard
LA-Monroe Fan
BR
Member since Oct 2008
18264 posts

re: Warning: Stock Correction Coming Soon
quote:

a rally does not "mean" anything.


A rally always means something because rallies don't happen for no reason. A rally may mean nothing serious or nothing important, but it always means something.


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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37650 posts

re: Warning: Stock Correction Coming Soon
quote:

Why did it rally? What causes stocks to go up?

Was there a economic boom?
or

was there an influx in corporate margins?

What would that occur? What happens when it does occur?


Corporate earnings have been relatively strong for over a year now.

I think 10-15% correction is about right from the current levels.


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