Get Out Now!

Sure looking like a rally for the moment, but what's it really worth. Euro still needs euro bond, so it can then QE, Germany still says no. This to me.. is everything. These gyrations...eh. Situation is beyond dangerous for anyone with swing or long term positions, imo. The financials of this are unsustainable and broken. They must QE it, to kick the can so we can rally. But can we blame Germany, do we really think Merkel will cave? It won't solve it, only delay and in the end do more damage. The call to get out is not invalidated by even a 100 point rally unless it is Euorpean QE imo. Props to carl icahn for getting people out.
 
Quote from Illum:

Sure looking like a rally for the moment, but what's it really worth. Euro still needs euro bond, so it can then QE, Germany still says no. This to me.. is everything. These gyrations...eh. Situation is beyond dangerous for anyone with swing or long term positions, imo. The financials of this are unsustainable and broken. They must QE it, to kick the can so we can rally. But can we blame Germany, do we really think Merkel will cave? It won't solve it, only delay and in the end do more damage. The call to get out is not invalidated by even a 100 point rally unless it is Euorpean QE imo. Props to carl icahn for getting people out.
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Good thoughts all....but did you ever consider analysis-paralysis ?

Another good example is the Euro....as after much analysis and explanation many called for parity with the USD 6 months ago. Here were are today at what...1.44 ?

Too much thinking can drive you crazy with these markets.
 
Quote from syswizard:

Good thoughts all....but did you ever consider analysis-paralysis ?

Another good example is the Euro....as after much analysis and explanation many called for parity with the USD 6 months ago. Here were are today at what...1.44 ?

Too much thinking can drive you crazy with these markets.
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GOOD POINT.
 
No I defiantly agree, it can can cause me to go crazy and further miss a third option, which I will only see later. Plus I am no Penn finance grad, and have all of 3 yrs under my belt, so I can definitely miss out. It just feels so dangerous right now. What the heck is going on in BAC for example. Something is wrong with very big financials. I am willing to miss out, this is system wide dysfunction at this point. I'd be happy picking winners and losers in corporate world if I had any confidence in the system.
 
Strategies that capture volatility are holding their own in this environment. Stocks are going up and down several percent like nothing.
 
BULL MARKETS ARE BASED ON EARNINGS AND SUPPLY DEMAND FACTS. WALL STREET WAS NOT BUILT ON STIMULAS BUT RATHER ON THE STRENGTH AND STABILITY OF THE US ECONOMY!!!!!I.E. STRONG MANUFACTORING AND STABILE EMPLOYMENT OF ITS CITIZENS!THUS THE FACT THAT THE US ECONOMY NEEDS CONSTANT STIMULAS TO STAY AFFLOAT AND CAUSE STOCKS TO RISE IS A COMPLETE "FARSE"!!!YOU CAN NOT GET OUT OF DEBT WITH CONSTANT BORROWING!!!WHAT HAPPENS WHEN AN INDIVIDUAL GETS OVEREXTENDED ON CREDIT? THEY LOSE THERE GOOD STANDING AND CREDIT WORTHINESS AS A RESULT OF BEING OVEREXTENDED ON THEIR CREDIT AND UNABLE TO PAY BACK THE DEBT. YOU CAN NOT KEEP BORROWING FROM PETER TO PAY PAUL. SO JACKSON OR NO JACKSON AMERICA REMAINS IN A HOLE!:mad:
 
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