No matter how much money the fed throws at this market the market is topped out IMO
if you look at the banks they are like Japans banks walking zombies surviving only by constandt gov bailouts and injections of liquidity.
The US and Europe are now at the same stage
Japan stock market was 18,000 at it;s peak over 10 years ago and is now 9600 think about that because we are going to do the same thing imo...
The layoffs are continuing and the common man is not getting any of the fed's money it going only to the well connected 1% and wall st banksters..
Thats why this market is topped you will see I am right it is now 12,924 on April 19th 2012 I will reference this post in the future to prove to you I know what I am talking about.
what it means to me is that you will see 7000 before you will ever see 14000
if you ever see 14,000 then you will see hyperinflation
I tried to warn you repeatedly but you bashed me 10 to 1 (44 to 4) that alone is a massive contrarian indicator of everyone is in who will buy ? I warned you everyone who wants a pc has one !
DId you or anyone you know buy a new pc in the last 90 days ?
But you bashed me and laughed at me when intel was 26...
"I tried to warn you repeatedly but you bashed me 10 to 1 (44 to 4) that alone is a massive contrarian indicator of everyone is in who will buy ? I warned you everyone who wants a pc has one !
DId you or anyone you know buy a new pc in the last 90 days? But you bashed me and laughed at me when intel was 26..."
[We're still laughing at you. Even when you are right you're wrong.We'll wait a bit and you'll be wrong again. Anyone can get lucky but you can't fix stupid... ]
Sentiment: Strong Buy
Talk about a thread that has stood the test of time...
The market is going to go up eventually secondary to devaluation of the dollar - the hyper inflation you spoke of in one of your earlier posts. Once the market finds it's new high, it will go sideways for a long time (with swings of 10% up and 10% down). The best thing to play is dividend paying stocks when it's up, 3X leveraged ETFs when it is down. Easy stuff. All IMO of course.
You are going to hava bounce in about 15 min but I amnot sure if it will be up or down..
The fed will give you 1 more bounce but only after you lose about 10% of your value then it will probably come back to this level if you are lucky.
Msft could pull a really stunner and miss I am very curious about this.
You may get away with their guidance which may not come true but thats how the games is played.
I'm not your master there is only 1 of those..
Thats the trouble there is no place to go thats what the fed wants to help their wall st friends but money market or bonds may be safer and I expect interest rates to begin to rise in about 2 years but if you lose it in this market you won;t be able to make any interest.
What you will be doing now is slowly starting to lose your gains as the market slowly recedes. This is the result of massive debt creation that not sustainable cutbacks will be forced eventually in spending and these companies profits will fall.
You will still be around this level in 10 years is my prediction as I saw this in 1966 to 1976...
You have been brainwashed markets only go up by wall st pumpers well watch and see where you are in 10 years.