And the bullish calls keep coming, now 15,000!!!!!!!

Quote from nutmeg:

51P7PSD888L._BO2,204,203,200_PIsitb-sticker-arrow-click,TopRight,35,-76_AA240_SH20_OU01_.jpg







Dow 40,000: Strategies for Profiting From the Greatest Bull Market in History (Hardcover)
by David Elias


Available from these sellers.


40,000 copies new from $.25, 26 used from $0.01, 3 collectibles from $9.95 because they come with a autographed copy of a ten dollar bill.
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Great book ! I'm eagerly awaiting the sequel, "Dow 400,000....how inflation got us there".
 
Quote from aceofbase:

stocks are in the same price as 2005/2004 when economy was doing really good.

unless earnigns are growing etc, there is no reason for stocks to go higher. stocks can just stay the same price.

houses in detroit isn't cheap since everybody can't still afford to buy it.

for a guy on min. wage a house in detroit is expensive.
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100% Agree.
This rally was only caused by banks speculation with TARP and Fed funds.

I would add that we need to see increases in corporate earnings by SUSTAINABLE increases in sales, and not just reductions in expenses.
We are nowhere near to this.
 
The economy is in worse shape today than it was just 18 months ago and nearly all bulls are screaming buy, buy, buy. Earnings look great because they have lowered the bar too much. I have no clue why anyone thinks this is a positive. The economy is headed deeper into a recession and some bulls are anticipating that stocks are still 50-100% undervalued.



Quote from aceofbase:

stocks are in the same price as 2005/2004 when economy was doing really good.

unless earnigns are growing etc, there is no reason for stocks to go higher. stocks can just stay the same price.

houses in detroit isn't cheap since everybody can't still afford to buy it.

for a guy on min. wage a house in detroit is expensive.
More...
 
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