heres another reason we are at the end. Even the cab driver is grabbing his spare change to get into the market.
we are definitly over extended on this market. We need a good flush...no rinse where all the stupid people get damaged once and for all. 2007 years ago they said the US GDP was 16 trillion. US GDP shrank 26% in 2009 with the best lie that they can tell because in 2008 real estate was at the max and it adds to GDP and today if you added up all the gains they said we had we are at a $14.5 trillion economy. You can do a self verification, is your home worth the same as it was before 2008?
You know the answer we are about 40% off the top and if that is the case we have a $13 trillion dollar economy and we are in one really big market bubble. The market knows it thats why in after hours they trim the fat
Lets see how long they can keep the game going. I just bought anouter great piece of real estate at the shore . In 2008 the property had a value of $1.5 million I bought it foreclosed for $440,000.00 Do the math on what you are paying for a share of VLO VLO should be $18 I am okay with this, because eventually it comes to an end we all know ir heres another reason why. I was at Scottrade the other day and I saw all these single women putting money in the maret sitting weith the broker. I felt bad for them because what they were buying were over inflated assets. The broker could of said park thecash but know he said let me show you something and she said OK I wanted to say something but who would of listened to me anyhow. If you want to make money buy uinderinflated assets so you have room to sell them
RAD may be the best stock to own going into the holidays and thanksgiving . With express scripts on their side I have no doubt their business has doubled. Take a look at their parking lots, they are more crowded then CVS and Walgreens. People are not going there to visit they are going there to get drugs
A while back when RAd was $just over $2 I bought $25000 shares. I still have my $25000 shares. let me tell you why, I actually went out to see this company, and as I said it then I will say it again, RAd is the real deal. This time next year RAd will be in the high teens and the low $20
Mark the post
You are not that bright. $20 trillion market cap divided by $13 trillion GDP we are .66 percent over valued. It is a historic high. To give you a feel for numbers 2009 we were at 20% over valuation. I could take offense but VLO even trades like a Internet stock with a PE of 19. It should trade at a PE of 5
rodger that AH to move that crude it cost $10 it was as high as $15 but now it is $10. VLO price has factored in the drop in WTI today and it will need to drop another $3 to catch up with itself. WTI may drop like today and VLO dropped today thats because it is ahead of itself
ONVO you want to keep an eye on that stock could run to $70. I trade $500 k in stocks every day. I have a $1000000.00 margin account. I seem to be making a lot of money with stocks under $10. Like dang the little investor thinks he controls all of china with dang. The company is worthless. But #$%$ Persephone is everything
Bought 7000 shares at the open sold at the end of the day making close to 7 k. Picked up .40 on 4000 shares of PEG. Bought 1000 shares of HE'S made .50 per share there Made $9100 today in and out. Do we think the market is over inflated??? I do
Looking at SUNE next week it has a lot of resistance at $12.90. If you can get it under $13 back the truck up you can run it to $13.28. 6000 shares gets you 2 k easily