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re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum
Posted on 3/2/09 at 2:31 pm to RummelTiger
Posted on 3/2/09 at 2:31 pm to RummelTiger
There are some overreacting mofo's up in this thread. The shite will bounce back. It always does.
3
Posted on 3/2/09 at 2:31 pm to Lil Br Tiga
I didn't vote for Obama and a stock market correction IS what I wanted. Still do.
Posted on 3/2/09 at 2:32 pm to Colonel Hapablap
quote:
and a stock market correction IS what I wanted
How low before it goes from being a correction to a full blown crash?
Posted on 3/2/09 at 2:32 pm to MileHigh
I'm thinking about re-shorting (mays, probably) if we don't get a ramp into the close, BTW.
Posted on 3/2/09 at 2:32 pm to TigersRuleTheEarth
when you're more than 2x overvalued, a correction looks a lot like a crash.
Posted on 3/2/09 at 2:33 pm to Colonel Hapablap
quote:
I'm thinking about re-shorting (mays, probably) if we don't get a ramp into the close, BTW.
what is your rational there?
Posted on 3/2/09 at 2:34 pm to Dallas Tiger
The market didn't drop down this low on W's watch. Anybody that knows about the stock market knows the price reflects expectations. Since Obama has been in office expectations have dropped.
This post was edited on 3/2/09 at 2:43 pm
Posted on 3/2/09 at 2:36 pm to Lil Br Tiga
quote:
There are some overreacting mofo's up in this thread. The shite will bounce back. It always does
Its been steadily going down for a year now, no bouncing yet.
Posted on 3/2/09 at 2:36 pm to Colonel Hapablap
Really wish I had the funds to start setting up a buy. I know of some large chains that have dropped to 1/3 of their high despite getting a LARGE increase in market share as competitors have dropped off and it would be nice to start buying up later this month.
Posted on 3/2/09 at 2:36 pm to MileHigh
it's just acting incredibly weak. We're oversold by every measure I can see, the next real support is at 500 on the S&P ( 
), TLT is UP, even with all the new supply. This is the area from whence crashes come. And being out in may I won't get squicked if I'm wrong.
), TLT is UP, even with all the new supply. This is the area from whence crashes come. And being out in may I won't get squicked if I'm wrong.
Posted on 3/2/09 at 2:37 pm to Lil Br Tiga
+100000000000
Obama a One and Done President.
Obama a One and Done President.
Posted on 3/2/09 at 2:40 pm to Colonel Hapablap
quote:
it's just acting incredibly weak. We're oversold by every measure I can see, the next real support is at 500 on the S&P ( ), TLT is UP, even with all the new supply. This is the area from whence crashes come. And being out in may I won't get squicked if I'm wrong.
far reason, I think I am going to sit tight. Although I am still sitting on a lot of powder.
Posted on 3/2/09 at 2:44 pm to MileHigh
quote:
When should I just start putting money under my mattress for my retirement instead of my 401K Rag?
If you do that, inflation may render your retirement stash little more than a large pile of rolling paper.
Posted on 3/2/09 at 2:45 pm to Geauxtigers468
Posted on 3/2/09 at 2:46 pm to F Head
quote:
If you do that, inflation may render your retirement stash little more than a large pile of rolling paper.
IF we get massive inflation. If we instead get massive deflation, his cash pile will be the one of the best available investments.
Posted on 3/2/09 at 2:47 pm to Lil Br Tiga
quote:
Anybody that knows about the stock market knows the price reflects expectations. Since Obama has been in office expectations have dropped.
That's the kind of financial analysis I can rely on.
Posted on 3/2/09 at 2:50 pm to Colonel Hapablap
quote:
IF we get massive inflation. If we instead get massive deflation, his cash pile will be the one of the best available investments.
We will get signals for massive inflation. Not so with deflation.
I am happy with my 90% allocation of my portfolio in cash and cash like instruments.
Posted on 3/2/09 at 2:51 pm to Colonel Hapablap
quote:
I didn't vote for Obama and a stock market correction IS what I wanted. Still do.
You better wait till the end of the year. I didn't vote for Obama and knew this was going to happen. The treasury secretary sucks and Larry Sommers can kiss my arse.
Posted on 3/2/09 at 2:51 pm to MileHigh
This is prime for me b/c I'm waiting for the market to tank and when I think it has reached it's low point, I'll will start investing for the first time in my life and hopefully reap the benefits 
Capitalism at it's best
Capitalism at it's best
Posted on 3/2/09 at 2:55 pm to reddman
quote:
The shite will bounce back. It always does.
It's at the same level it was in the mid 90s
A net 0% increase in 14 years doesn't strike me as a great investment
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