Market gonna plunge once again
Posted by glassman on :
market has two weeks before it resumes the steady climbs of last year.... be patient, do your DD and get ready.....
Posted by binnocent on :
Hey Glassman, thanks for the optimistic reply. I hope the market starts an uptrend in a couple weeks. I don't post much but do watch and learn..(try to anyway lol) I thank you and a number of others (Dardadog, Bob Frey and numerous others)who do so much good DD and post for others benefit. (and I miss Purl Girl) I just came back into investing July of 2002. Had a great 2003 and beginning of 04 and then things went really south. I think I hold some good companies but this summer has been a bummer. Thanks Again
Posted by glassman on :
i try to bring good DD, but as you are aware, you can lead the horse to water.....
Posted by binnocent on :
See......there you go with that wisdom.....so true!
Posted by DiQuiRiesco on :
quote:Originally posted by glassman: market has two weeks before it resumes the steady climbs of last year.... be patient, do your DD and get ready.....
Yep, charts look good for a bullish trend to begin soon.
Posted by roger7485 on :
Glassman, markets are about to go down. The asset bubble that greenspan has been pumping up since 2000 is about to pop. The US economy is currently being held together by japanese investment bankers buying dollars like crazy in order to help their trade deficit. We are in so much debt that its only a matter of time before collapse. The drop from over 11,000 to near the 7,000 level was just the first leg of the bear market. The 2003 correction upwards is a normal cycle in a bear market. The market peaked in early 2004 and will make new lows until another technical bounce upwards in mid-late 2006. And even then the bleeding wont have stopped. Markets are going to be very ugly in this decade. Very ugly. This recent pop from lows is just a good shorting opportunity. If you give me your email I can shoot you some very nice links and information about the crash that is sure to begin with the next 6 months.
Posted by keithsan on :
.....there goes the optimism.......
Posted by roger7485 on :
If you want optimism, buy "things". Buy gold, silver, food, oil, whatever. Buy stuff that people need, that people will have to buy even if they are broke, cause they just might be after the soft depression ahead. If you want to keep listening to Greenspan's rosey "our economy just hit a soft spot" BS and CNBC saying that the market has resumed its uptrend and we are back in a bull market go ahead. But its simply a lie by wall street to get investors to stay in stocks while the market tanks. The good news is that the market decline shouldnt effect penny stocks as much because penny stocks' pps dont rely on fundamentals anyway.
Posted by keithsan on :
LOL-
all i want is a beer.
Posted by roger7485 on :
Im not sure if they trade beer futures haha. And even if they did Im pretty sure that wives would smack their husbands if they bought beer when the family was tight on money
