I'm FULLY CONVINCED that the market has finally recovered

I'll tell you a secret: stocks are 6-12 months ahead. If you buy financials now and don't short sell them, you'll make much more money.

Quote from ProfitPirate:

I'm thinking that you've had a bit too much rum to drink, matey...
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Quote from luckylee:

I am picking up more and more financials share tomorrow. Citigroup, Merrill Lynch, Freddie and Fannie Mae, Bank of America, Goldman Sachs, JP Morgan.

Look guys, bear market is over! Listen to Richard Bove in Bloomberg. He's been right and I laughed at him then but now it's reality.
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rucky ree was rong!
 
Quote from 2manywhiners:

Dow 9,000? Thats not gonna sell a lot of books... 8-15% in next 6 months? Maybe. But definitely not 30 or 40%. Not in 6 months anyway. If it tumbles further it will be a steady pace, but the first 2-3 months of the next bull rally are going to wipe out the last 4-8 months of the bearish conditions anyway.
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A follow up from my post on April 2: S&P500 touched 1200 today, which is 31% down from it's 52 week high of 1576 in October...and no bottom in sight.

It did take 9 months to drop 30%, not six months, but we're also down 20% from the more recent May peak of 1440....and like I said, no bottom in sight yet.
 
Maybe today it will bounce huh Lucky?

Quote from luckylee:

I am picking up more and more financials share tomorrow. Citigroup, Merrill Lynch, Freddie and Fannie Mae, Bank of America, Goldman Sachs, JP Morgan.

Look guys, bear market is over! Listen to Richard Bove in Bloomberg. He's been right and I laughed at him then but now it's reality.
More...
 
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