Quote from stock_trad3r:
I have to disagree with you here. RIMM GOOG BIDU AAPL FSLR and other 'smartie' 'new world order' stocks have lead the market for years and will continue to do so. "broken charts' have a history of recovering really quickly.
However, you can also invest in non-tech such as MOS POT MA V GLD OIL DBA EWZ FXI EEM and make tons of money.
We are still in the new era of hyper capitalism and spendism. Web 2.0 is stronger than ever. Consumer spending is huge. We have millions of students maxing out credit cards. It is quite possibly one of the best time 2 buy stocks.
Rising gold, falling dollar, rising oil, rising food, and rising gas prices are actually bullish for commodity stocks, industrial stocks, large cap tech, and multinationals. There is very little inflationThe . Boo hoo hoo gas prices too high? boo hoo hoo Food prices too high? Too bad. We are in the smartist era. No one cares if you are felling pain at the pump. Iraq war will continue for decades under the leadership of McCain and subsequent republicans. Democrats will never win the white house again. Obama will lose badly like Mondale.
There is no recession except an imaginary, Obama generated one. The Obama lefties are the ones creating this fake recession. They also claim that there is a credit crunch and a liquidity crisis when there is no evidence of it.
This fake credit crisis and recession is so painful. Make it stop. Goog up 90 points? Oh the agony.
Dow 15K soon
S&P 500 1700 soon
