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Starbucks Corporation Message Board

  • mhoward98 mhoward98 Nov 18, 2012 6:32 AM Flag

    Here is the deal...

    Within the next four weeks, well before the end of the year, the "fiscal cliff" deal is going to be reached to great fanfare and celebration. Boehner has already stated that Republican opposition to tax increases on the wealthy is dead. Once this deal is announced, the Dow, S & P, and Nasdaq are going to push up hundreds of points in the days following and into the end of the year. This deal is coming down the pipeline, choose to ignore it if you wish......the American people have spoken that they want this accomplished and it will be.

    Strong companies like Starbucks will be up 10% from where they are now by the end of the year. That return in one month + is pretty darn compelling to me, and I am all in the market with strong companies like Starbucks. Now, come January, reality will settle in and we may retreat somewhat, but if you want 10% return almost guaranteed (there are no 100% guarantees) then you should be buying this market ASAP.

    Refer back to this post at the end of the year. Being short ANYTHING other than junk like Groupon right now is not smart.

    Regards
    mhoward98

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