Will stocks ever go down again?

[Ash1972]

Quote from Cdntrader:

As Bernard Barauch said " the market will fluctuate" ...and the 1% of day traders will make $.

Bernard Baruch was the very person who got out of the stock market mid way through 1929.. when it was still going up.

 

[Ash1972]

Quote from Maverick74:

Not exactly. I would say 90% of ET is bearish as hell. A large part of the IAII index is bearish. And even most of the commentators on CNBC is bearish. That means we're probably going higher. LOL. Sorry man, sentiment is not in your favor. This is the most hated rally ever and as long as the hate index makes new highs, so will stocks.

You seem to have totally missed the fact that the market has gone up practically <b>every goddam day</b> since last November. This is an easy money market. You just buy, or buy more.

Warren Buffet switches to cash (and gets laughed at) when most people decide they want to make the easy money. It's worked quite well for him.

 

[HeSaidSheSaid]

housing sector could be in trouble. even the FED can't control this interest rate. housing sector would show the ugly head first among the sectors.

if long term bond yield hit 4.65% hmmmm

 

[kashirin]

Quote from bonds:

I dont get how people can be bearish at all in this market... do people watch the market tape every day? It's unbelievable how easily it floats up every day, as soon as the volume comes out of the market which is almost all the time it just floats up, and any time there is no news on the day or a holiday the market always goes up. And now its going up on good economic data and on bad economic data.

Sure it will end some time but as Bernanke says not in the foreseeable future. Why would you try and be the hero and pick the top?!?

You won't get it till you lose a good chunk of your money

How can you be bullish into parabolic move? It's Nasdaq 1999 type of move or silver last year.
I don't like to be fully invested and wake up one morning and see -7%. and then another morning again
I chose to stay aside and see how it unfolds . It won't be long. Japan already showed a preview last month

 

[Swan Noir]

Yes, they will go down again.

 

[pikachu9]

I think the main question is "Can stocks go down despite massive QE?" (i.e. will the correlation between rising stock market and rising Fed balance sheet continue indefinitely?)

Without QE causing the type of inflation that would inflate earnings correspondingly, my opinion is that there is an upper limit where stretched valuations would cause a breakdown in correlation between rising stock market and rising Fed balance sheet.

 

[bonds]

Quote from kashirin:

You won't get it till you lose a good chunk of your money

How can you be bullish into parabolic move? It's Nasdaq 1999 type of move or silver last year.
I don't like to be fully invested and wake up one morning and see -7%. and then another morning again
I chose to stay aside and see how it unfolds . It won't be long. Japan already showed a preview last month

I guess everyone who is long now doesn't get it lol... be my guest and short at will if you want.

Do you really think if the market were to start rolling over i would just sit there and let my huge long winners turn into losers or not peel out my positions in small increments as the market goes up?!?

Everybody and their brother knows the market is manipulated this can't last forever and the bubble will pop eventually... you can either sit there watch, try to short into this, or come along for the ride.

 

[Ash1972]

Quote from pikachu9:

I think the main question is "Can stocks go down despite massive QE?" (i.e. will the correlation between rising stock market and rising Fed balance sheet continue indefinitely?)

Let's re-phrase this, imagining it's early 2000:

I think the main question is "Can stocks go down despite the internet" (i.e. will the correlation between rising stock market and the new economic paradigm continue indefinitely?)

 

[pikachu9]

Quote from Ash1972:

Let's re-phrase this, imagining it's early 2000:

I think the main question is "Can stocks go down despite the internet" (i.e. will the correlation between rising stock market and the new economic paradigm continue indefinitely?)

Touche.
History rhymes.

 

[janice.winot]

Quote from Took2Summit:

finally someone that makes sense. All I see here on ET is a new thread bitching about bernanke or something. Just shut up and make money. short when its time to short. obviously its still time to be long right now.

Do you think think it's time to buy long? If it is, that puts my mind at easy. I have a few open long positions that I don't want to pull out of. I don't really follow Bernanke, what's he saying?