Are you old enuf, to remember when an INTERMEDIATE Trend was about six months long?
A poster mentions trading mentality. How about THEFT? Seems to me that the keys to the Kingdom have passed to the "Financial Innovators" [read thieves].
And this is what we now export to the rest of the world? CHINA is no doubt thrilled, but we do owe soooo much we have mucho leverage. Sad.
Trying to make a buck has been harder and harder, but hey, I fight back. So might you, try this:
http://denaliguidesummit.blogspot.com/
denaliguideof AK2:52PM July 14, 2009
An article like this bodes well for stocks. Classic contrary indicator. Time headline "End of Equities" was followed by the greatest bull market in history. It is impossible to predict the future. Don't write articles that will sway peoples investment decisions.
Tomof IL10:47AM July 10, 2009
Other than perhaps screwing China on yields for all the U.S. Treasury Bonds they bought, WHY (once again) is is "good" to have interest rates held too low too long?
Would you not be better off with your banks paying you a decent return (say 6 percent) on your CDs in savings? Rather than having endless funny-money "intervention" by the Fed, allowing banks to borrow from you for little to nothing AND STILL CHARGE 12-32% ON CREDIT CARDS?
Is it just me, or does anyone else believe that the nature of the stock market is changing altogether by the race to replace mutual funds with ETFs? Are we seeing a shift to a complete "trading" mentality where the market goes nowhere but you are out-traded on a daily basis anyway? And how about all these leveraged (x3) ETF's, many of which (like FAZ and TZA) are there to trade against you with "short" positions?
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denaliguide of AK 2:52PM July 14, 2009
Tom of IL 10:47AM July 10, 2009
Muser of NM 8:49PM July 07, 2009