"The Path of Least Resistance Is (Still) Higher," Schwab's CIO Says

Again someone very cautious in is wording and predictions ... but with no substenance to his analysis. Everyone know we have seen the 2009 peaks, the real question is ... how far will we fall. If you have not moved your money out of the market and put it into something safe, you are only feeding the shorts ...

CIO for Schwab? EVERYONE who works for Schabe is an idiot, incliding Sonders. Of course he says buy buy buy. What call? This guy was saying buy in 2008. Ask yourself why Tech Ticker never has real experts with no bias. That means guys who don't sell securities or work for firms that do, who don't manage funds, sell gold or benefit from pumping gold. You never will because this is all propaganda. Do yourself a favor and check www.avaresearch.com The guy running the site predicted everything in detail in his book and has called every market move since the collapse. if you keep listening to this mainstream media trash you will lose money just like in the past.

CIO for Schwab? EVERYONE who works for Schabe is an idiot, incliding Sonders. Of course he says buy buy buy. What call? This guy was saying buy in 2008. Ask yourself why Tech Ticker never has real experts with no bias. That means guys who don't sell securities or work for firms that do, who don't manage funds, sell gold or benefit from pumping gold. You never will because this is all propaganda. Do yourself a favor and check www.avaresearch.com The guy running the site predicted everything in detail in his book and has called every market move since the collapse. if you keep listening to this mainstream media trash you will lose money just like in the past.

You Ain't seen the Bottom yet // Wait till all these billionaires and millionaires that bought all these stocks cheap when WS was at 6500 decide to make a killing for the holidays and dump them // They have enough money to get by // But remember They are GREEDY SOB'S and the market is gonna come crashing down even worse // And all you little fish better sell before you lose your A$$

It takes time for the market to turn down, it is a process and it takes time. Stop gussing the top and let it form. The fact is we have for the past six months been seeing higher highs and higher lows. When the facts change so should the stragity. Not a good idea to act, but better to react. You may not get out at the top or in at the bottom, but as long as you are more right than wrong you will be in the money. So how about we all take what is said by the experts with a grain of salt and the let the market set the direction, again with higher highs and higher lows that is pointing up, when it changes, then it becmes time for you to make a decision. (Not until then)

I remember this past Spring when you and grandma were selling the bottom Schwab was the only one who started running TV commercials to look forward and grasp opportunity and long term horizons. They were right then and I’ll bet those posting here were the sellers.

Rey, I doubt a large percentage of the total market bought at the very bottom.

soon as the stimulus wears off???? THEY HAVEN'T SPENT BUT 10%... what stimulus?...LOLOLOL.. heckle is another duped obama lover with parroting the obama drivel...90% stimulus to spend on the liberals election in 2010...oops, what happened in NJ/VA... oh oh, barack hussein obama playing too much GOLF? mmm mmm mmm

How much do ya wanna bet?

schwab is one of the sleaziest bucketshoops there is. They really are a disgusting bunch. They prey on novice investors and have MASSIVE theft directly from accts. They were directly involved in closing out long accts ON MARCH 10 2009 EN MASSE. Chuck will die, and the rest needs to be destroyed. Thes guys are a NIGHTMARE

Market's going sideways to up, don't buck the trend, bear argument has worn thin.

I pretty much agree with everyone above but I would make the following points: 1) There is still a huge amount of foreclosures to come through the system. The servicers for the Mortgage Backed Securities have no incentive to push those through because they get paid more to hold them (ultimately at the expense of the investors) and the backlog of those foreclosures is a bubble that will eventually have to be realized. 2) The commercial property losses are yet to really get started. 3) Both one an two above will drive home prices down, job losses up, bank losses up and ultimately feed into the whole system with losses in retail. 4) Almost all of the profits currently being realized by companies are due to cost cutting - mostly jobs and not from growth. Eventually they will run out of costs to cut and will have to start taking losses. The average investor doesn't understand that paying a multiple of a company's earnings anticipated future growth in those earnings. If earnings drop, the impact is multiplied so people are basically buying air right now in my opinion. Finally I am 100% in agreement with the fact that this whole thing has become a show and the media is simply latching onto the latest and greatest which is apparent in the fact that even on a daily basis you can see hails that the market is recovering followed by cries of the end of the world. Unfortunately if the market wills it, the market will go up whether it is real or not and as such this becomes a game of timing and wording and this guy is just doing his part as part of the system to keep the broken machine chugging along. 90% of the investors today have no clue what they are doing and that pretty much makes fundamentals go out the window. This is all a psychological game and the people who have some inkling of how the system works are working that facet to the nth degree using the media as their podium. So to sum it all up - It is all politics. Welcome to capitalism.

i tend to agree that the momentum is for the market to continue trending higher.. people do yourselves a favour and jump on the train before you get shut out yet again... investing is not for the weak....

Dow will turn somewhere beween 10k-11k and provide the mother of all right shoulders for the bears. :D

Blodget & Task are entertaining but their intellect on the market is suspect.... they, along with others continue to focus on how far the S&P has come since the "March 9th lows"... a pair a short term thinkers, typical American view... instead focus on how high markets need to go to keep up with the long term upward trend... yes, Blodget valuations are important but there is alot more to it... get on that train NOW....

YFU 8:36A Was pretty on target. One of the significant comments made above was the simple fact that many investors do not know what they are doing. That is what is driving this market.... It's your money and you know best what to do with it.

I agree for now. The Fed has billions more of our taypayer dollars to play with. But eventually the chickens will come home to roost and we'll have a double recession, or worse. To call what the Gov is doing now "fiscally irresponsible" is like calling Helga merely "unattractive."

As Long As the...Unemployment Rate....Keeps ON RISING....There Will Be...."NO RECOVERY"...."NO RECOVERY"...No Matter What The..."Messiah" Mr. NOBAMA....Says Or Represents....We Are Still...."SINKING DEEPER" ...Into A Bad "Deppression....Save Your Moneys....Dont.."Buy Anything On Credit"....And Ride Out...The Perfect Economic Storm..!!!!!!! Another 3-4 More Years.....Amen.

It galls me to hear these heads talk about how we made "easy money" off the March lows. It was *hard* to be long stocks back then. The easy money is now.

Finally a bull who is not bullshit. He expects annual returns but not 400% like every other idiot expects. Slow and steady. The way the market should be. You wanna make a quick buck? Hit the slot machines.