dmarc117 Posted July 1, 2010 Share Posted July 1, 2010 If the cretins that "work" on Wall Street and in exchanges everywhere would stop reacting so violently to every snippet of "news", we (and they) would all be a lot better off. Their reactions to every tiny thing are beyond ridiculous, exposing them for the know-nothing bag of brain dead weasels they really are. lol Quote Link to comment Share on other sites More sharing options...
The Irish Doggy Posted July 1, 2010 Share Posted July 1, 2010 irip I've never been so insulted. How dare you, sir?!? Quote Link to comment Share on other sites More sharing options...
MikesVikes Posted July 1, 2010 Share Posted July 1, 2010 Layoffs of census workers will distort jobs data link It was only a few months ago that the census workers were propping up employment numbers. Now the opposite is true. Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted July 1, 2010 Share Posted July 1, 2010 http://finance.yahoo.com/tech-ticker/howar...set=&ccode= Quote Link to comment Share on other sites More sharing options...
MikesVikes Posted July 1, 2010 Share Posted July 1, 2010 http://finance.yahoo.com/tech-ticker/howar...set=&ccode= The auther didn't convey his true feelings. What does he really think? Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted July 1, 2010 Share Posted July 1, 2010 The auther didn't convey his true feelings. What does he really think? lol...he is a super bear. but right too. Quote Link to comment Share on other sites More sharing options...
wiegie Posted July 1, 2010 Share Posted July 1, 2010 http://finance.yahoo.com/tech-ticker/howar...set=&ccode= meh Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted July 1, 2010 Share Posted July 1, 2010 meh no jobs, housing prices imploding, meh. Quote Link to comment Share on other sites More sharing options...
Atlanta Cracker Posted July 1, 2010 Share Posted July 1, 2010 I think we get a bit of a rebound during earnings season the next few weeks before the next downturn in the market. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted July 1, 2010 Share Posted July 1, 2010 I've never been so insulted. How dare you, sir?!? eh, just force of habit when I type that word on the huddle. Sorry man! Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted July 1, 2010 Share Posted July 1, 2010 The world finds itself in a fine financial mess. Everyone is waiting for a quick fix that will usher in a return to a hope-filled state of rising standards of living, full employment, higher home values, and less government intervention in the private sector. The sad fact of the matter is that there will not be a quick fix. The intricacies of a global economy, where political, economic, and cultural constructs are vastly different, will not allow it. The fix will take time -- perhaps a lot of time -- because the short-term solution of throwing a lot of money at fixing the structural problems that brought us to this point is creating a host of long-term issues that will keep growth from being all that it can be. Quote Link to comment Share on other sites More sharing options...
cre8tiff Posted July 1, 2010 Share Posted July 1, 2010 cretins Quote Link to comment Share on other sites More sharing options...
westvirginia Posted July 1, 2010 Share Posted July 1, 2010 He didn't mean you. We put the "8" in it when we mean you. You know - "Cre8tin" Quote Link to comment Share on other sites More sharing options...
wiegie Posted July 26, 2010 Share Posted July 26, 2010 Bull. It is a sign that everyone was motivated to close before the deadline. It will take a couple months before one can say which way things go from there. still too early to say anything conclusively, but the most recent evidence looks good for Doggy's hypothesis: http://money.cnn.com/2010/07/26/real_estat...in&hpt=Sbin Quote Link to comment Share on other sites More sharing options...
The Irish Doggy Posted July 26, 2010 Share Posted July 26, 2010 still too early to say anything conclusively, but the most recent evidence looks good for Doggy's hypothesis: http://money.cnn.com/2010/07/26/real_estat...in&hpt=Sbin Is there any research to suggest how long it takes a market to reach a new equilibrium after a government incentive / restriction ends? Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted July 26, 2010 Share Posted July 26, 2010 still too early to say anything conclusively, but the most recent evidence looks good for Doggy's hypothesis: http://money.cnn.com/2010/07/26/real_estat...in&hpt=Sbin Doggy for pres 2012!!! Hell, he couldn't do any worse than the current dude in charge... and he's a freaking Irishman!!!! Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted July 26, 2010 Share Posted July 26, 2010 (edited) http://www.calculatedriskblog.com/2010/07/...-on-record.html Ignore all the month to previous month comparisons. May was revised down sharply and that makes the increase look significant. Here is the bottom line: this was the worst June for new home sales on record. Edited July 26, 2010 by dmarc117 Quote Link to comment Share on other sites More sharing options...
wiegie Posted July 26, 2010 Share Posted July 26, 2010 http://www.calculatedriskblog.com/2010/07/...-on-record.html first off, calculated risk is a great blog secondly, yes, the May numbers were atrocious, but nevertheless the June numbers still show that the housing market is not in a free-fall Doggy's hypothesis is still very much in play. Quote Link to comment Share on other sites More sharing options...
I Like Soup Posted July 26, 2010 Share Posted July 26, 2010 I came back quickly to respond to you, my dear friend. 8800 is only the next target - my conviction of dow 1k-3k over the next 6 years has not diminished. We are heading there whether you or anyone else can see it or not. I just didn't want anyone thinking that I'm backing off from my extreme forecasts. Dow 5k which I previously forecasted as happening by the end of this year may not happen that quick but it's around the corner, believe that. That's all folks - good luck, I truly wish you all the best, even all the pricks! Harry Dent Jr predicted that we would hit 1800 pts on the Dow in the coming years. Quote Link to comment Share on other sites More sharing options...
Atlanta Cracker Posted July 27, 2010 Share Posted July 27, 2010 Harry Dent Jr predicted that we would hit 1800 pts on the Dow in the coming years. Harry Dent is full of hot air. His dire predictions are the only contrarian sign I see that it may not get as bad as it looks like it might. Read "The Roaring 2000s" Quote Link to comment Share on other sites More sharing options...
muck Posted July 27, 2010 Share Posted July 27, 2010 1) My current models have me short in a pretty big way right now. 2) I'm probably changing a few things in my models making the swings in the signals less extreme from week-to-week / month-to-month. 3) If I go with the current iteration of the revised models, I would be oh-so-very-barely long right now. 4) A few people I consider smart think we'll rally until mid August (+5% from here), sell off HARD until mid-October (-20% from there) or so and then rally HUGH into sometime in Q1'2011 (+25-50% from there) ... and then the beginning of a very large multi-year secular bear market (-30-50%, or more, from there --- by 2020, we would be doing well if we'd be at S&P500 1100, per these other people's assessment of things in the US and the world). FWIW. Quote Link to comment Share on other sites More sharing options...
cre8tiff Posted July 27, 2010 Share Posted July 27, 2010 (edited) Today DuPont reporting double digit earnings. Canon reporting 82% growth. Boeing and Airbus had extremely good sales at Farnborough, far surpassing expectations. This led the head of Airbus to proclaim, "The recession is over." All this is good news, IMHO. I don't play the market, just my 401K, but if I did, it seems a good time to buy before the rally??? BP at least looks like a good buy, with the leak capped, and a new American CEO. But, again, I don't play the market. I sometimes wish my 401K had more flexibility. I had the cash to buy a couple of thousand shares of citibank when it was a dollar stock. I'm still myself at my caution in passing that up for a CD... Edited July 27, 2010 by cre8tiff Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted July 27, 2010 Share Posted July 27, 2010 4) A few people I consider smart think we'll rally until mid August (+5% from here), sell off HARD until mid-October (-20% from there) or so and then rally HUGH into sometime in Q1'2011 (+25-50% from there) ... and then the beginning of a very large multi-year secular bear market (-30-50%, or more, from there --- by 2020, we would be doing well if we'd be at S&P500 1100, per these other people's assessment of things in the US and the world). FWIW. So for those of us with just a 401k....... Hold / buy a little until mid-August Bail into safe havens for a couple months Rush out and buy as much as possible for a couple months through, say, the end of January Sell the lot and stuff it under the mattress from there through forever Is that it? Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted July 27, 2010 Share Posted July 27, 2010 Today DuPont reporting double digit earnings. Canon reporting 82% growth. Boeing and Airbus had extremely good sales at Farnborough, far surpassing expectations. This led the head of Airbus to proclaim, "The recession is over." All this is good news, IMHO. I don't play the market, just my 401K, but if I did, it seems a good time to buy before the rally??? BP at least looks like a good buy, with the leak capped, and a new American CEO. But, again, I don't play the market. I sometimes wish my 401K had more flexibility. I had the cash to buy a couple of thousand shares of citibank when it was a dollar stock. I'm still myself at my caution in passing that up for a CD... just becareful with these estimates they are beating. they have been revised and lowered to make it nearly impossible not to beat. ive been reading the exact same thing that muck's #4 is saying. this market are a trading market nowadays. you have to be nimble. Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted July 27, 2010 Share Posted July 27, 2010 So for those of us with just a 401k....... Hold / buy a little until mid-August Bail into safe havens for a couple months Rush out and buy as much as possible for a couple months through, say, the end of January Sell the lot and stuff it under the mattress from there through forever Is that it? Jesus Christ, don't you ever stop? Quote Link to comment Share on other sites More sharing options...
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