Friday March 6th...

big up day???

  • yes

    Votes: 25 48.1%

  • no

    Votes: 27 51.9%
  • Total voters
    52
Quote from shortie:

http://www.usatoday.com/money/markets/2009-03-04-are-stocks-cheap_N.htm

President Obama, who is moving to boost investor confidence, weighed in on this topic Tuesday, noting that stocks have become a lot cheaper relative to earnings. He said it is "starting to get to the point where buying stocks is potentially a good deal if you've got a long-term perspective."
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"But I myself won't buy until S&P500 hits 500" - he added after the conference was over.
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Yeah but he called P/E "profit earnings ratio" meaning he has never bought a share of stock in his life. What a putz.
 
Quote from stock_trad3r:

this gonna be chit chatted soon

But the odds favor a rally. It is rare that the market sellsoff on jobs data because most of the time is it either not as bad as expected and or bad numbers priced in.
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Every time you make any statement, you just give me more confidence stocks have further to fall.

I honestly use you, in part, as market metric.

Thanks.
 
Quote from 377OHMS:

Yeah but he called P/E "profit earnings ratio" meaning he has never bought a share of stock in his life. What a putz.
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He doesn't know the difference between Price and Profit. This should say alot about the new president. Yes, he's a putz!
 
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