Market refuses to go down

[pitz]

Quote from moo:

For a long-term investor not to be a net seller at these levels must be either totally clueless or just lying.

"At these levels"? You mean, at the same levels of more than a DECADE ago??

Are you a buy high, sell low kind of guy?

 

[moo]

Indeed, that's exactly what I am.

 

[kashirin]

Quote from pitz:

"At these levels"? You mean, at the same levels of more than a DECADE ago??

Are you a buy high, sell low kind of guy?

Japan is 4 times less than 20 years ago

so what?

 

[JamesVU2000]

its amazing how desperate we are to save this system. one way or another we are going to have a mega collapse and reorganize the entire countries economic structure and deal with all this debt.

 

[Mvic]

Not much dipping going on tonight with the USD so weak, looks like 1.47 is in the cards for the EUR tomorrow, looks poised to pop. A lot of people I talk to in Europe are worried about a USD collapse.

http://www.bloomberg.com/apps/news?pid=20601110&sid=apIz4p62Q1Ss

Look at what KOL has been doing the past week.

It would make sense for China to spend its dollar hoard quickly before it weakens further.

 

[Ivanovich]

1.47 isn't going to wait until later in the day

 

[Mvic]

Quote from Ivanovich:

1.47 isn't going to wait until later in the day

You right, just printed

 

[Kicking]

People saying market can't go down don't understand how markets work . This is not a bull market. It's a bear market rally on steroids

 

[S2007S]

Quote from Mvic:

Not much dipping going on tonight with the USD so weak, looks like 1.47 is in the cards for the EUR tomorrow, looks poised to pop. A lot of people I talk to in Europe are worried about a USD collapse.

The USD collapse is going to happen, but no one seems to care or have any worries, it's going break down even further. You could see 1.50 EUR sometime over the next 3 months. The more monopoly money they print the quicker the dollar collapses, something major has to happen in this irrational marker.

 

[S2007S]

Quote from Kicking:

People saying market can't go down don't understand how markets work . This is not a bull market. It's a bear market rally on steroids

All it is is a bear market rally but all the talking idiot permabulls are making people think it's a "V" shaped recovery. Like I said before the us economy will experience the lost decade just like japan did.