I think you just did. See you Sunday night for your latest doom and gloom prediction on the Monday market. Of course,you will be totally wrong.
.....and that the FED will raise rates sooner than everyone thinks!
Maybe you can get Bullard to say we're going to have a Fed Funds rate of 2% next month. Why wait until next year? C'mon,you can ruin the economy just by yourself and your little band of know it all economists. You would love a Dow around 15000. Wouldn't you?
What will they eat? Ah,don't worry. China will send some contaminated pollo over to Putin. When Russians get sick the government takes care of their health anyway.
What a country! (Yakov Smirnoff quote)
I'd like to hit you right in your nato seato with an El Polo Loco burrito. OMG. The Hispanics are taking over. Better learn Spanish.
Will the price drop even further? I suspect there will be more shorts attacking PHK in the coming days. Where the price will be when the shorting stops nobody knows. It could get very ugly for this fund.
Pardon my ignorance.
I didn't know the FED does estimates on "where the market should be".
Do they also know what kind of toilet paper we all should be using?
Ok Janet. You want to end QE,eh? Then watch everyone's IRA and 401K lose 10% in value.
And where is Bullard? He does a good job of scaring everyone with those oh so hight interest rates that are coming on sooner than you think. Oh,I forgot. Goldman did that today instead of Bullard.
Yeah,that's what we need in this country. A good old fashioned downturn. Watch the housing market go bust again. You want that Janet?
PHK has always been a whipping boy for the financial writers and the shorts. They always claim the price is too high to the NAV. I think we have a good old short attack going on right now. But the price always seems to come back. Might take a couple of months,though.
I'm waiting to see what happens the day before ex-div. The shorts know they will have to pay the div if they don't cover.
Then the price will rise. Watch it.
Not you again. Seems to me you only come out of your hole on Sunday evening with all your doom and gloom. Remember what you said last Sunday? You probably don't remember what you said two seconds ago.
Oh yes. I'm very scared. Where's that annuity salesman that's going to give me 2% on my money and charge me 5% in fees?
They hyped the fiscal cliff,the debt ceiling and the taper. There were short term effects on the markets but nothing crashed. The same thing will happen when the FED raises Fed funds rates.
In the meantime they trot out all these "experts" who can't help themselves trying to predict how badly the markets will drop when the Fed moves. It will be nine months of nothing but speculation on rates. It's all talk but in the meantime people are listening to these jerks and basing investment decisions on their commentary.....which will be be proven wrong again.