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SPDR S&P 500 Message Board

  • ck4duistockdog ck4duistockdog Dec 9, 2012 11:35 AM Flag

    LET IT GO OFF THE CLIFF..THE MARKET WLL STILL GO UP

    THE GOV'T WILL PUMP IT UP....BUY BUY BUY

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Could you please explain how the government will pump the market?

    • How the Wall Street crooks pull off the same scam over and over and over again. Slowly suck everyone in over a 4 year period and then in one swoop transfer the wealth from the people to themselves. And yet the majority of the sheeple fall for the same trap over and over again.

      I'll give you all an example, Joseph Abbey Cohen from Goldman upgraded the entirety of the tech sector in December 1999 when the NDX was near 4700. In 2000 the NDX dropped in half and at the end of the year Goldman reported the largest annual profit to date. How could the lead analyst from the same firm be telling everyone to buy when the firm was net short??? It turned out while all of the Wall Street insider firms were sending out buy signals they were unloading inventory and accumulating an even larger position of short tech, futures, options, etc. By the beginning of 2000 they were already 85% net short tech.

      In 2008 the same firms were hyping CDO's while purchasing CDS's on the CDO's. The S&P has now risen faster with the debt bubble than during the housing bubble or any other bubble. Just pull up a 20 year chart on the S&P. A few years back nobody talked about forward PE's, now it is the norm. Just another example of how to fool the masses on the extraordinary current multiples being given in todays market.

      And yet we all remain bullish? Sad but True.......Well, not all of us, just the majority!

      INSANITY

    • Go F urself fwiend....Santa's got sumtin 4 U, Maybe a diamond-studded Buttplug?

 
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