You decide. (Note, the DJIA currently ahead +321.22 points).
Posted on 03/10/2009 6:32:14 PM PDT by TigerLikesRooster
You decide. (Note, the DJIA currently ahead +321.22 points).
(Excerpt) Read more at ftalphaville.ft.com ...
Ping!
I can see a reason to buy in, but I think something is coming that will shock the markets. A world type event.... some kind of conflict.
Dead as they come
Dead as they come
I believe it is another dead cat!
Dead as a doorknob. Wait until the socialists push for cap and trade, “card check”, more pork, etc. We have at least two years rough waters.
Too many reasons to not buy back in one is the exogenous events like Iran becoming a nuclear power, The administrations war on business, etc.
if it goes up I will sell , not buy more.
I’m of the opinion that the market was oversold the past two weeks, plus it was boosted by Citi’s statement that they are actually earning a profit, that the government may eliminate mark-to-market accounting rules, and they may reinstate the uptick rule.
Today was a great rally, but I still think we’re in a bear market, given that the rest of the economic news remains abysmal.
For me, it’s simple.
There was no fundamental reason for a 320 point rally. Nothing has changed. Nothing at all.
Won’t even take a catastrophic event to plunge it. Crappy corporate earnings will be enough.
Tiger... my cat is simply aghast.
It’s dead alright, and it’s bouncing on a trampoline!
they believed CitiBank was profitable, they thought the bank problems were over.... but Citi forgot to mention the whole story.
The Rally Monkey frowns upon your shenanigans.
ROTFLMAO at your Pic and tag line!
My rationale for getting out wasn’t just a business-hating government, but concern for what the market will do when we’re attacked again, or Russia invades Poland, or Iran attacks Iraq, or Pakistan invades Afghanistan...
When the government is run by total buffoons, it isn’t time to jump back in. And if I lose money because of it, so be it.
Dead as they come
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.