" Did you see the markets made new all time highs again ? Yes dear, maybe we should go look at new cars this wekend, with our 401k's up so much , we can afford it "
THIS is what Bernanke is after people.....The illusion of wealth, so people start spending more money !
s&p, naz, djia, they are all underwater right now.....
forget about the double, triple , quintiple tops #$%$, it means nothing with QE going on , just look at the VIX, normally this would mean ' complacency' , but with no volume , it just doesn't mean squat....
THIS is what keeps households spending money, the stock market ' wealth effect ' .....And what better time than on a friday ....new market highs, people getting their paychecks, all the news reports will be talking about the stock market = people will spend alot over the weekend !
Which is EXACTLY what Bernanke has planned the whole week...people feel good about the market , watching Friday nights after work news clips about the stock markets NEW HIGHS, then they go and spend more $ over the weekend on cars, computers, clothes, etc etc..... this is so rigged it is not even funny
Wall st. is having a real hard time getting them in ......Now Main st. wants to buy after a crash, not after a huge nonstop rally....This is too funny to watch ! A simple look at many of the yahoo stock msg boards and how quiet they are , tells you how little retail is trading . Looks like Main st st now has caught on to Wall st. tactics. And the higher this keeps going, the more people are going to want to get out of the market, not in it ....a 25% drop is needed if they want to be able to dump shares onto Main st, because THAT is what people are wanting, and waiting for !
" I'm still bullish, this rally has legs until S&P 2,500 ... valuations are still very attractive "
Gee , ya think ? Anyone who thinks that oil prices and gasonline prices have NOT been rigged under Obama is INSANE ...The Insane Clown Posse has American paying $4 for gas at a time when demand has fallen off a cliff, and production is skyrocketing . Of course there is " price fixing " , it's just as bad as this rigged stock market ...Gas prices should be around $1.50 realistically
Most Americans are not making squat off this phony rally, because they don't trust it for good reason . Only the banks know exactly what the Fed will do, so they can throw $ at the market knowing they will get the
" signal " from Bernanke , before the rug get's pulled - no Americans will !
Hundreds ......And Bloomberg had an article predicting a " Commodities Price Collapse " We are sitting on so much Oil and Natgas surplus , it is not even funny. Prices are artificially being inflated by the Fed and Wall st ...Deflation is here, they can only try and fight it for so long
And CNBC along with Bloomberg will be the first ones to have an explanation for it to....The two biggest market pumpers , how nice
I think Obama wants around $180
you got it....to many refuse to believe this is going higher, so it will keep on going...Good news, bad news, no news - won't matter . i'm not shorting #$%$
I'm starting to realize this is the whole deal here....Things are ALOT worse than the govenment is letting on ....Now imagine a market crash at this point, the country would be destroyed as consumers would stop spending all together....They actually can't let this market folks, it's almost become a matter of national security . Think about it, interest rates are already at 0%, there is NOTHING left they can do on that end . I still think the smart move would be to let gas and oil prices drop to where they should be , which is around 40-$50 a barrel - but Obama and his ego won't let that happen...This is a mess, and just getting worse as debt continues to build
The constant news releases about how " stocks are so cheap now " , absolutely wreaks of desperation . They need Mom and Pop in this market, and volume shows they are not falling for it . We could very well see 1,900 , not because the market is ' cheap' , just because they are doing everything in their power to get people invested ....This is insanity , Pull the QE , then let's see how " cheap " stocks really are .