posted
market has two weeks before it resumes the steady climbs of last year.... be patient, do your DD and get ready.....
Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
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
Posts: 527 | From: Pennsylvania | Registered: Apr 2004
| IP: Logged |
posted
i try to bring good DD, but as you are aware, you can lead the horse to water.....
Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
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.
Posts: 1019 | From: Are You With The CIA? | Registered: Dec 2003
| IP: Logged |
posted
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.
Posts: 609 | From: Bloomington, Indiana | Registered: Feb 2004
| IP: Logged |
posted
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.
Posts: 609 | From: Bloomington, Indiana | Registered: Feb 2004
| IP: Logged |
posted
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
Posts: 609 | From: Bloomington, Indiana | Registered: Feb 2004
| IP: Logged |