Quote from Sobieski:
the article was written on Sep 26th.
we are 600 points lower now than we were then.
Contrarians that trade without confirmation and without stops are just loser bottom picking noobs that are kidding themselves they are being clever.
Quote from stock_trad3r:
He raises a lot of good points. Remember the doom and gloom of 91'? that passed. And the doom and gloom of 2001? Yup and the doom and gloom of 98'?
Quote from stock_trad3r:
He raises a lot of good points. Remember the doom and gloom of 91'? that passed. And the doom and gloom of 2001? Yup and the doom and gloom of 98'?
Quote from stock_trader:
He raises a lot of good points. Remember the doom and gloom of 91'? that passed. And the doom and gloom of 2001? Yup and the doom and gloom of 98'?
Quote from stock_trad3r:
I can pretty much guarantee this bull market will last for many many more decades. The upside is unlimited. Such arguments were made in 2000 but times have changed though. Valuations arent excesiv.3 Growth is staggering. Globalization and free trade are the driving fators for what will be the biggest rally in the history of the stock market.
Dow 15000 before the end of 2007.
2008 will be a monster rally. he nasdaq will cross 3800 and the dow will cross 18,000.
Gold will pass 1100 and oil will pass 130.
leading sectors will be technology (mainly internet and handset computer markets), materials, construction, defense, comodities, and shipping
The 5 year chart for the nasdaq will more or less begin to resemble a parabola instead of line as is the case now.
FXi will hit 350 and EWZ will hit 110.
GOOG wil rise another 60% and AAPL, AMZN, BIDU RIMM will rise between 60-100% in 2008.
There will be no serious news stories in 2008. NO major dips. The biggest selloff in 2008 may be 3% or so for th indexes.
The global emerging markets rally will continue in full force in 2008, to an even greater extend than in 2007. Hang seng will double.
Romney will win in 2008, defeating Edwards.
We're in an era of economic and financal perpetualism of unlimited upside and global growth.
While my my predictions may seem foolhardy and outlandish, they aren't.
You can poke fun like a loser or you can say hmmmmmm maybe he is right and make money.
Quote from stock_trad3r:
If you want any indication that this bull market is far from over and that stocks will continue to surge higher, especially in the coming months all you need to do is turn on the TV to CNN, MSNBC or FOX news or go to yahoo.com
While a lot of bears here seem to obcess over: inflation, recessions, rising oil, the China 'bubble', rising gold, falling dollar, rising gas, rising food, 'fabricated econ numbers', credit crunches, mortgages and defaults, US consumer 'tapped out', rising consumer debt, housing bubble, credit crisis, -none of these issues are in the in the headline news when you turn on the TV or go to yahoo or google news.
Instead you are inundated with the usual slew of stories: ongoing iraq conflicts, missing children, celebrity scandals, weather reports, holliday shopping record numbers, and so on. No one talking about a credit crunch or liquidity crisis? No one talking about housing bubble. Noooooo news about rising oil.
Why doesn't anyone else case? Because it isn't a big deal.