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American Science & Engineering Inc. Message Board

  • uncle_vito2002 uncle_vito2002 May 12, 2006 7:40 PM Flag

    Stocks will be back

    Investors are getting used to the idea that housing is going to tank and folks will not be spending as much money on cars, gaming, vacations, etc.

    However, once folks decide they cannot make money in real estate, they are going to go into the market in droves. We are just going through an 'attitude adjustment'

    Damn, I hate attitude adjustments.

    As for ASEI, who knows? Wait until after earnings to find out more.

    Vito

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    • Actuallt such a trend reportedly is going on, that more money is going to flow into the stock amrket from housing.

      Individual Investors Shift Assets to Stocks
      Brokers Report Near-Record Trading Activity,
      Investment Flows; Moving Out of Real Estate

      By JANE J. KIM and JEFF D. OPDYKE February 23, 2006; Page D1

      Individual investors are moving into the stock market at a stronger clip than seen in years.

      The number of trades by individual investors has risen substantially at discount brokerage firms in recent months and jumped an estimated 30% to 40% in January from December. The discount firms, which offer lower-priced trades, also report that money flowing into stock mutual funds last month was at a near record level. Charles Schwab Corp., for example, saw $4.5 billion flow into its stock mutual funds last month, the highest amount since February 2000, when net investments hit $4.7 billion......


      http://online.wsj.com/search/date.html#SB114066250483180918

      I was expecting e*trade to post good numbers las Q, but they have their own bungling stuff to content with. High hold times and slow clearance of money held after trade confirmations. The other silly thing is that brokers continue to want commission even on a loss. I tell you the first brokerage firm to waive charges on a loss sale will clean out (if the SEC does not forbit such a practice). Charles Schwabb has cute commercials, but they are a husltle to move cash in and out of to other banks.

      But by the time they get their training wheels off things will be shifting back to housing again.

    • We gonna be alright. The big boys are just shaking out the weak hands. If this market turns just a little it should be real good for ASEI next week with earnings around the corner. I'm hoping this bleep is just another good buying opp.
      attitude ajustments do suck, but sometimes good comes from them. Good luck

 
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