You said this same crap at 1238 on the S+P - when you promised if it broke below you'd leave here forever. Yet here you are at 875 singing the same, broken tune. Fact? The only fact is that you are almost always wrong. One merely needs to do a search of all of your posts to verify that.
Re-Testing old lows...back to Nov 24th...new target is 650 for the S&P
- Thread starter Port1385
- Start date
You said this same crap at 1238 on the S+P - when you promised if it broke below you'd leave here forever. Yet here you are at 875 singing the same, broken tune. Fact? The only fact is that you are almost always wrong. One merely needs to do a search of all of your posts to verify that.
tradersboredom
Guest
savings bonds?
are you crazy. interest rates is 1%. you hear 1%
banks are lending your money at 10%
i can understand 80 year old ladies buying bonds but they can always let their grand children have their portfolio so too old to invest is hog wash.
stocks are so low some of these companies are going private and delisted. the owners or majority owners don't need the public market.
are you crazy. interest rates is 1%. you hear 1%
banks are lending your money at 10%
i can understand 80 year old ladies buying bonds but they can always let their grand children have their portfolio so too old to invest is hog wash.
stocks are so low some of these companies are going private and delisted. the owners or majority owners don't need the public market.
Quote from Port1385:
I was thinking of one Mad Money Jim Cramer show that I watched where he was telling his viewers that Caterpillar would be a great buy when the dividend reaches 4%. Then I looked at the SPY and saw its dividend right around 3%. Did a simple algebraic proportion and realized that the SPY will be at 4% when the S&P clocks strikes 650.
I have stated and re-stated my target price on the S&P several times in this forum. We have not hit the bottom, we are no where near the bottom. By October of this year we WILL have visited the 600s. The bottom will probably come in 2010 when there is blood in the streets.
There is fear in the streets, but not blood, not yet. Stick to savings bonds longs...
tradersboredom
Guest
there isn't a lot of cash in the market or what you call liquidity problem.
some funds have to have a 33% percentage of cash equivalent for withdrawals on their portfolios. a trader must have cash too.
in illiquid market cash positions are increased. very few sellers and very few buyers in this market. all stocks are trading like penny stocks. even fortune 500 company stocks are trading like penny stocks.
there are fiortune 500 securities paying 10-15% dividend dude. msft cash cow is paying 3% dividend so don't tell me about safey of bonds.
bonds is same as stocks just more liquid. there is blood and fear in the streets.
some funds have to have a 33% percentage of cash equivalent for withdrawals on their portfolios. a trader must have cash too.
in illiquid market cash positions are increased. very few sellers and very few buyers in this market. all stocks are trading like penny stocks. even fortune 500 company stocks are trading like penny stocks.
there are fiortune 500 securities paying 10-15% dividend dude. msft cash cow is paying 3% dividend so don't tell me about safey of bonds.
bonds is same as stocks just more liquid. there is blood and fear in the streets.
Quote from Port1385:
I was thinking of one Mad Money Jim Cramer show that I watched where he was telling his viewers that Caterpillar would be a great buy when the dividend reaches 4%. Then I looked at the SPY and saw its dividend right around 3%. Did a simple algebraic proportion and realized that the SPY will be at 4% when the S&P clocks strikes 650.
I have stated and re-stated my target price on the S&P several times in this forum. We have not hit the bottom, we are no where near the bottom. By October of this year we WILL have visited the 600s. The bottom will probably come in 2010 when there is blood in the streets.
There is fear in the streets, but not blood, not yet. Stick to savings bonds longs...
tradersboredom
Guest
i wouldn't waste my time with bonds or t-bills if i had 1 millon dollar cash and annual cashflow of $500,000/year at this time.
Quote from Port1385:
I was thinking of one Mad Money Jim Cramer show that I watched where he was telling his viewers that Caterpillar would be a great buy when the dividend reaches 4%. Then I looked at the SPY and saw its dividend right around 3%. Did a simple algebraic proportion and realized that the SPY will be at 4% when the S&P clocks strikes 650.
I have stated and re-stated my target price on the S&P several times in this forum. We have not hit the bottom, we are no where near the bottom. By October of this year we WILL have visited the 600s. The bottom will probably come in 2010 when there is blood in the streets.
There is fear in the streets, but not blood, not yet. Stick to savings bonds longs...
Are you Larry Ludlow of CNBC or Don Luskin ? check out the link
http://www.ritholtz.com/blog/2008/12/worst-predictions-for-2008/
There 1-2% selloffs on light volume mean little when the market can easily surge 3-6% as it has done in the past for whatever reason.
Futures steadily moving higher:
Dow 8,474.00 30.00 0.36
S&P 500 872.40 4.30 0.50
NASDAQ 100 1,211.25 5.25 0.44
We could open higher by 1% in anticipation of better than expected retail sales and end the day up 3% on solid volume. That would pretty much stick a fork in all this 'chart breakdown' rubbish.
I would have liked to have seen the dow at 10,000 by now, but we'll have to wait a month or so I guess.
Futures steadily moving higher:
Dow 8,474.00 30.00 0.36
S&P 500 872.40 4.30 0.50
NASDAQ 100 1,211.25 5.25 0.44
We could open higher by 1% in anticipation of better than expected retail sales and end the day up 3% on solid volume. That would pretty much stick a fork in all this 'chart breakdown' rubbish.
I would have liked to have seen the dow at 10,000 by now, but we'll have to wait a month or so I guess.
Quote from Port1385:
I was thinking of one Mad Money Jim Cramer show that I watched where he was telling his viewers that Caterpillar would be a great buy when the dividend reaches 4%. Then I looked at the SPY and saw its dividend right around 3%. Did a simple algebraic proportion and realized that the SPY will be at 4% when the S&P clocks strikes 650.
I have stated and re-stated my target price on the S&P several times in this forum. We have not hit the bottom, we are no where near the bottom. By October of this year we WILL have visited the 600s. The bottom will probably come in 2010 when there is blood in the streets.
There is fear in the streets, but not blood, not yet. Stick to savings bonds longs...
650 NOT POSSIBEL EARNINGS NEXT YEAR FOR SP500 WILL BE REVISED TO $40 AT P/E OF 8 I PUT A TARGET OF 240 FOR THE SP500
and about 3000 on the Dow Jones sorry for caps
This chart looks positive to me ... perhaps it's the weed I'm smoking