Crash of 2005

Quote from Mvic:

Earnings next year look like they will be pretty poor with little or no growth.

May I ask what your source is on this prediction?

thank you in advance.
 
Quote from reno4nook:

We're not going to have a 'crash'.

GDP is very good.
Unemployment is very low
Corporate earnings are up, many with double digit gains.
Oil prices appear to be receding.

It's true Energy prices have had a negative affect recently, but it most likely will only be temporary.

And have you checked the US Dollar? apparently, the rest of the world thinks our economy is doing fine.

Nicely said. I agree.
 
Areyoukidding,

This will be my only response to your posts. First, I posted this last night @ midnight. I'm not discussing todays market.

Secondly, your posts remind me of my 5 year old son when he interrupts an adult conversation. Now please run along and play somewhere else.
 
Quote from areyoukidding?:

Its just the usual the dow is down 50 so make a bearish post.


You are the king of exactly those type of posts (although usually you feel the need to start a whole new thread about it).

P.S.--I just finished reading another thread in which you made a post that actually made sense and made a valid point (unbelievable though it may seem).
Congratulations, you're now 1 for 1541.
 
Crash is relative. I do believe that Real estate related stocks will crash (meaning drop more than 50% from their highs) in 2006. As well, the inductries that are directly tied to real estate will be hurt badly (contruction supplies, equipment, RE retailers, home improvement, mortgages) I also believe the record incomes from oil companies will have a significant retracement. In addition, many of the large banks and brokers (like GS) after paying out record bonuses probably cant sustain such performance on a short term basis. I will add government contractors and hig end retailers (after christmas) to the list as well. But, keep in mind, much of the outflows from these industries may result in flow into others which have been out of favor the past 5 years... OVerall, i have to agree a bit that i am bearish on 2006. 80 of my portafolio is short...guess which industry.
 
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