I doubt that it will be green today....This is crazy that you can lose 9 months in 1 week....This whole market is insane......Glad I've been out this year.
Can anyone explain how interest rates at 0%, the FED buying $1Trillion/year can justify a healthy economy worthy of the growth of the market? I still don't get how the FED needs to keep helping a market that is rising the way it is.....I am serious because it just seems that no matter what the news the market goes up.
Good news, goes crazy, bad news goes down for a day or two then bang, up again. I am just in cash in my 401k, not shorting ,but just don't trust the market because of 2007-2009. What changed to say "Do over"?
thanks in advance
I ain't buying, or selling but I will say that I am amazed that the volume is less than 1/2 of what it was a year ago. There are no buyers and even less sellers......The market doesn't make sense anymore....I'm sure that's what the FED wanted...
I really have no opinion any more as I think it will go up, only because there is no one selling... Kind of different when the market went down there had to be something to blame, so why when it just goes up there isn't something to blame? What happens when interest rates go up and unemployment drops below 6.5% as Bernanke said was the key? Oh yeah that is already been fixed, right?
Confused in Maryland
Just getting started? Unemployment lowest since 2006, but interest rates are at basically ZERO %. How is this good? So the FED lied and stated that 6.5% was the target, but they know they can't lower interest rates or the train jumps the tracks? If this is SO GOOD, then why so tentative on raising rates? I am amazed that no one calls the FED on this.....
Not sure what you mean by doomers. And how are they fueling the rally? I have been out and don't plan on getting into this market until after the FED quits messing with this. I am sure I am in the camp of most. Can you explain then why the volumes are so low as most of us are not participating. When (and NOT IF) this finally bursts it is going to end badly for ALL, so you can call me a doomer, but I believe that this is FED driven and not letting the natural markets find its own way. From what I've seen, when you mess with free markets it has unintended consequences...
I guess we will all see in the not too distant future.
IMO - Bernanke will get away scott free and next FED will be the blame for what Ben has done....
My disclosure is that I am not only out, but have been out for sometime.
It will close at 880 today. It's options expiration day, so the stock is pegged today by MMs. So no other move will happen till next week, just watch as GOOG trades between 778 and 882 and close with 0.50 of 880.
Just my opinion.
I agree 100%, i would rather make my .2% in money market rather than be left holding the bag. I wonder if Ben realizes what he's doing. Either he is one of the most evil men ever, or the emperor with no clothes. Either way it will end badly. I don't want it too, in fact I would like to keep my job and retire, but I just don't see it....Thanks for thoughts imuffin
I am completely out of this market and probably will be the rest of my life, as this is a completely rigged game. If yall haven't figured that out, good luck to you. The reason I'm out is not that there can't be gains, but when the time comes for the fall (not sure when maybe this year, maybe in 10), but the system cannot sustain this craziness, we are in debt and attempting to inflate our way out. The problem is that we haven't fixed the debt problem, so we are spending more than we can afford on interest rates that are too low and when rates go up we will be in an even bigger mess.
Just my thoughts.
Is anyone curious how the number was the exact perfect number to continue the rally? Just on the high side, BUT NOT TOO HIGH...I am not in this market, but I do find it curious as where I am the jobs are not that good, but yet Wall Street is telling me that its getting better....Is there anyone out there that can confirm that its actually getting better?
As often as I see it, it still amazes me how the MM's can pin a stock to a price at the end of the day and the end of the week.....WOW....Closes 885 +/- 0.25
Looks like GOOG to close week at 885....That's most pain for option holders...JMO
FWIW...I don't see a sell off the rest of the week. again JMO
I am one that I agree that it makes no sense that GOOG is up almost $80 in a week on what news? But I will have to disagree that GOOG goes red by the close.....JMHO
Thank you for the response, but I can buy actual ETF (all 2000+, GLD, SPY, DIA, SDS, etc.), I am looking for one that will actually correlate with AAPL if possible...I appreciate your sentiment, but I think AAPL is due for a bounce before the fall you are looking for...JMO
Point taken and yes I agree that the little guy gets screwed in the end as the rules will be changed to allow the big boys to make the most with the least capital. And grats on aapl.
I appreciate the details, I was just pointing out the obvious differences between now and 2000. I believe if you look at the margins you are probably more correct than me. I was just stating that you need more margin to handle a larger move and you don't lose your whole acct on a $100 move.
Not trying to be smart, but pointing out that margin is helpful, but if you are on the wrong side, you can blow your whole acct in a couple days.....again JMO
I disagree. I believe it is due to higher risk tolerance. When the margin was $1000/contract gold was at $300. Gold is now $1500ish. Gold can move $50/100 if something bad happens. When it was $300 you might get a $10/20 move on a good/bad day....