Sentiment Is Too Bullish

Quote from IShopAtPublix:

We are going to go near 8000 mark my words(not today but tomorrow and the day afterward is what I mean, i.e the general direction). What stock trader calls up big time is not a sign of strength. Check out the screenshot of Russell 2000 as of NOW (the moment of my post) Anything interesting there? hehe.

Original stamp 12:35pm post on page 14

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Nice rebound. I still think the dow should be at 13,000. Maybe it will kase a year or so, but dow 13,000 or 14,000 is def. in the cards within the next 15 months. No good reason for any of the selling.
 
Quote from stock_trad3r:

As I have said since August 2007 there is still huge credit and tons of liquidity. You can get a bank loan or small business loan as long as you have collateral and income. You can still max out your credit card and increase your limit. Nothing really changed.

Quoted for truth, cause I am right

This is the fact:

Average consumers are not affected.
 
Quote from stock_trad3r:

Quoted for truth, cause I am right

This is the fact:

Average consumers are not affected.

A lot of things changed, starting with Lehman being bankrupt, merrill being bought, wachovia being bought, wamu being bought, AIG being nationalized, stakes bought by the government in banks, CREDIT CARD comapanies CUTTING CREDIT LIMITS and not extending credit, etc.

You are either a comic or you are hopelessly stupid.
 
Quote from IShopAtPublix:

A lot of things changed, starting with Lehman being bankrupt, merrill being bought, wachovia being bought, wamu being bought, AIG being nationalized, stakes bought by the government in banks, CREDIT CARD comapanies CUTTING CREDIT LIMITS and not extending credit, etc.

You are either a comic or you are hopelessly stupid.

I know he says some crazy things, but in his defense he said "average consumers are not affected". I think this is true from a consumer point of view. The only thing that I see personally from my family is that people are holding off on purchases and companies are holding off on hiring. But I think for the average person it's really not a big deal.
 
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