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The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
4 comments:
only 100+ away from 10000. Like i said yesterday 3% gains at least when the market goes straight down 10%.....ez money baby!
Dow is at 9877. We will see 9600 before 10000.
50/50 shot.
All the problems with the economy and all the negative news you post are true Owl, but IMO, the fed will do everything in its power to see we don't double dip. And they can do a lot. Will the market go down in fear of all the spending? Why would it now? The deficit is all reaDY the largest it has ever been.
9 out of 10 economist said when the last stimulus was passed that it wasn't big enough.
You don't think they will pass another one. It is coming. The economy is growing, just at a slower pace, we ARE coming out of the recession. I would tend to agree that the s&p will break 1000 this summer. But not 940. If we even get there? And i think we close out this year higher than we are now, maybe 1250.
good luck
anon-great call on the rally.
Owl- not so much.
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