i'm confused

[Grob109]

Quote from formikatrading:

All this talk about how bad things are. Well, with the exception of a good run in the 1920's, 80's and 90's when things seemed a lot better, most of the history of this world has been the history of a lot of crap going on. Heck, watch the movie Braveheart and you'll see how crappy things were for a lot of people centuries ago. Or how about the Civil War, World Wars I and II, Vietnam, the Crusades, the Holocaust, Plagues, etc. Anyway, a lot of us under 40 have been relatively spoiled by how good things have been during most of our lives.

Try running a mop at your local trauma center for a few shifts.

 

[murray t turtle]

Quote from niceneasy:

I am starting to think this whole market thing is a sham and all the news services and news wires and market magazines are a big conspiracy/spoof....

Cbs marketwatch, forbes, economist, yahoo finance, briefing, the street.com, are talking about "inflation" and fear of inflation and need to raise rates to combat inflation and blah blah blah. Nobody,nobody, nobody is talking about the United States need to raise 3 billion dollars a day to finance their deficit/debt. Which, IMHO, is the only reason rates have to and will continue going up.

In the meantime, Nasdaq, S& P and Dow look poised to make multi-year highs.

Which is going to murder the housing market (50% increase in foreclosures in january year over year) and the US economy in general. Why is this not of concern?? Why is this not the news de jour as opposed to this "the economy is so good we have to cool it off bs"??What am I missing?

China and India are growing at 10%. US mbe a few measly percent which doesn't even beat inflation. Who wants to buy US equities????

I try to remain objective but the only thing I can really see is doom and gloom? Help me see the light here??

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Niceneasy;

Like NasdaQQQ market makers, but dont want to buy nasdaq stocks, many are below 50 dma.
Not all media are serial liars., many are. Agree with Art Cashin , not to cast dispersions on GOOG but when they took down that giant , the tek philistines fled.

Polar bear or uptrend bull;
wouldn't try to impose my read of fundamentals as a priority.

So many have been selling tek;
today does not ,a strong trend make in tek.

Not arguing with market but the fact of the matter;
many of William O Neill short charts are tek stocks[book]

And many institutional investors read Investors Business Daily;
which runs counter-Trend to most of media capitalist bashing..

 

[Burns' Suit]

Inflation remains a problem because Americans are adictted to consumption. The Government is spending record levels and consumers still like to spend large amounts of money financed by credit. The US economy is temporarily heating up, but fundametally it is at risk and it won't sustain itself.