PDA

View Full Version : Hate to say it but the mkt may rocket higher


gates
July 14, 2010, 00:24
Makes no sense - I know - believe me I know!

BUT - if the DOLLAR is crushed our mkts will look very very cheap - SO - how does bucky get steamrolled?

simple - the rest of the G20 adopt the austerity thing and obummer fuks us and continues on down the Keynesian path to destruction.

NOT saying it IS going to happen - but it looks likely. THATS how you get inflation with no velocity and no wage pressure - they devalue the dollar!

2barearms
July 14, 2010, 06:04
We could still have a depression and the Dow could still be in positive
territory based on what's been happening over the last 2 years. The
Corporate world is hoarding cash and that alone is sending there numbers
up. The real issue is economic expansion and there is NONE!, look at the
volume of trades on the Dow compared to 2007. The current economic
reality is that it's a tinder box waiting for a match.

MtnWulf
July 14, 2010, 10:16
I've given up trying to figure this mess out.

For poor folks like me, I think just get out of debt, put some cash away someplace other than a bank, and stock up on necessities. Keep up your contacts with friends and family, and don't forget the ammo.

There are forces monkeying with the market that mean us harm.

brunop
July 14, 2010, 11:22
Originally posted by MtnWulf


There are forces monkeying with the market that mean us harm.

This.

gates
July 14, 2010, 17:46
Mtn - you have a sound plan - I have been doing the exact same things myself.

renaissance_warrior
July 14, 2010, 23:50
It really is this simple;

With over $1.2 TRILLION in cash on the sidelines, in the best economy the world has ever seen in history, it is the influx of foreign money into our markets and leaving Europe. The reason? Stability and the rule of law on investments (up until about 18 months ago) regardless, we are still the biggest gorilla with the prettiest fur.

ftierson
July 15, 2010, 01:26
DJIA up only 3.70 today... Futures up slightly...

Asian markets all down...

Forrest

RG Coburn
July 15, 2010, 14:46
The market lately has looked like a redneck with a flat tire. He blows it up,drives it a half mile,and its flat again.He blows it up...