Quote from Alcibiades:
You can crunch all the numbers you want
, there just is no reason for market to rise.
Too many iffy situations across the board
.Market has to break hard , clean out the
weak and build a solid base. If you look
at the broad market , you will see most
stocks are still weathered and the only
stocks that have recovered and done well
are the high fliers that make up the Dow .
I think market is artificially stimulated.
Quote from hajimow:
I remember in 1999 when all tech stocks had P/E of over 100. Now check the P/E for AAPL, TXN, INTC, ADI, ALTER, XLNX, GOOG,.... 90% of them are below 20. Market is in its cheapest level in a decade. All things said, I don't see over 10% from where we are now.
Quote from FreakofNature:
It's a no brainer, as long as interest rates remain at record lows pullbacks will be bought.
You can complicate it all you want but that's the truth of the matter, Bernanke is forcing investors to go the dividend way or in cases where the stomach is strong, more volatile equities; either way the Fed is in command, follow big money, they are the biggest money.
News cause upside and downside, nothing new here but the overall trend whether you like it or not, understand it or not will remain up as long as Bernanke wants it up.
No reason to complicate it.
Quote from FreakofNature:
It's a no brainer, as long as interest rates remain at record lows pullbacks will be bought.
You can complicate it all you want but that's the truth of the matter, Bernanke is forcing investors to go the dividend way or in cases where the stomach is strong, more volatile equities; either way the Fed is in command, follow big money, they are the biggest money.
News cause upside and downside, nothing new here but the overall trend whether you like it or not, understand it or not will remain up as long as Bernanke wants it up.
No reason to complicate it.
Quote from FreakofNature:
It's a no brainer, as long as interest rates remain at record lows pullbacks will be bought.
You can complicate it all you want but that's the truth of the matter, Bernanke is forcing investors to go the dividend way or in cases where the stomach is strong, more volatile equities; either way the Fed is in command, follow big money, they are the biggest money.
News cause upside and downside, nothing new here but the overall trend whether you like it or not, understand it or not will remain up as long as Bernanke wants it up.
No reason to complicate it.