Investors....come in please!

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Historically the stock market leads the economy by about 6 months. I think we're at a bottom on the Dow, and the economy will rebound next year.
I could be wrong though.
Nevertheless, I've been buying into this downturn, now hung out to dry, and if the Dow goes to 7500 I'm jumping out the window like they did in '29. Luckily my house is a single story.
 
Originally Posted By: TheLoneRanger
I think we're at a bottom on the Dow, and the economy will rebound next year.



I sincerely hope you are right. I think the Dow falling off the cliff will hurt a lot of people, particularly middle class folk who have a high fraction of wealth in equities. Most of my neighbors have no idea about what's going on and they just continue to invest in routine fashion. It would hit them like a ton of bricks.

The european banks and press are much gloomier than the U.S. press. Socgen and several other major euro banks are predicting as low as Dow in the 4000s. Barclays also predicts ugliness. So the real question is, who do we believe? The euros or the U.S. media?
 
Who do we believe?

Neither - but let the doom and gloom hit us. What makes you think the US pop press isn't gloomy anyway? You would almost forget the ruling party in the house and senate, they are so gloomy! All polls do show the common man quite gloomy. Near or at sweater chat days.

Enough of that. We need more dive action. I want to pull the trigger on some 2X long funds and then ignore the market for awhile.
 
Didn't say the U.S. is not gloomy. I said the Euros are more gloomy.

The Americans are gloomy. 11,000 on the dow is a ton gloomy when compared to predictions a month ago. But Euros blow that out of the water.
 
Sometimes I cannot understand why most of the world hates the US.

What, seriously, what would they do without all of our giving to the poor in other countries?

We spend enormous Billions of dollars on giving and taking the lead in helping other countries and their people, way more than other countries. I give to world charities, a lot, way over and above what the government gives out. But continue to be trashed.
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Originally Posted By: Pablo
Dudes - I be buying right here.


It could be, but I don't think the bleeding is done yet.
 
Freddie Mac & Fannie Mae are getting NAILED !!!

Oil is up another $5 after being up over $5 yesterday too....
 
Looks like the Iranians got quite a return on the cost of those missiles.

Cost of missiles, a few million. Revenue for oil..extra 40 million/day. Gotta give 'em credit.

I think if Israel attacked...oil would drop.
 
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