Wed, Jul 30, 2014, 11:57 AM EDT - U.S. Markets close in 4 hrs 3 mins

Recent

% | $
Click the to save as a favorite.

EMC Corporation Message Board

  • sore_loserman_killed_the_bull sore_loserman_killed_the_bull Jun 26, 2001 7:26 AM Flag

    Rah, rah don't fight the Fed!

    Give me a break.

    We're in a recession, and the Fed is impotent as much as you boys would like to think the Fed is omnipotent.

    Revision to the mean is happening. EMC won't see new highs for at least 4 years and most likely 7+ years. Misappropriation of capital is a dangerous and harmful thing.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • This just the opposite of when they were raising rates nobody listened then boom! Down came the market. The FED has been pumping liquid oxygen and hydrogen into the markets and nobody listening, why? Need an ignition source like the government cheering on the economy. Clinton was good at pumping up the economy with words. Where are the economic cheerleaders?

      • 1 Reply to captzorro_2000
      • sore_loserman_killed_the_bull sore_loserman_killed_the_bull Jun 26, 2001 7:49 AM Flag

        >>Clinton was good at pumping up the economy with words. Where are the economic cheerleaders? <<

        Clinton pumped more air into the balloon that's all. We were living a dream not reality. It happens about once every generation since the beginning of man (last time was the 20s with fallout in the 30s). Seems we're doomed to repeat the same mistakes - over and over.

        I hate profiting from the nature of mankind, but that's the game.

        Long EMC for years until the bubble popped last fall. Sold out at 85 and shorted into the fourties and covered. Started buying back in when it broke 32. Average now is 30. I think now's a good time to buy for the long term (3-4 years), but we could see lower before higher. Those who bought 60+ will be sitting on a loss for a couple years.

 
EMC
29.63+0.16(+0.54%)11:57 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.