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Old 05-28-2013, 02:37 PM
 
293 posts, read 249,983 times
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Well, 20th straight Tuesday advance for that Dow

Looks like late last week was a good time to put some dough to work in the markets

After all, Big Ben still has your backs...
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Old 05-29-2013, 06:24 AM
 
382 posts, read 588,313 times
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Quote:
Originally Posted by Malibu Mike3 View Post
Well, 20th straight Tuesday advance for that Dow

Looks like late last week was a good time to put some dough to work in the markets

After all, Big Ben still has your backs...
Look at TSLA. Does anyone really think its jump to 110 is justified? I mean it puts a titan rocket trajectory to shame. Is this market ready for a pull back or can it keep going up?
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Old 05-29-2013, 08:22 AM
 
Location: TX
795 posts, read 1,391,490 times
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Originally Posted by loves2read View Post
How many think Obama will not renew Bernanke in August?
IF he renews Big Ben, interest rates will be down until he is replaced...

If he goes for someone like Yellen as many as positing, she is likely to be the catalyst that allows interest rates to creep up...
Bernanke doesn't personally want low interest rates. It's the best monetary policy for the condition we are in.

Any Fed chairman would be a fool to raise rates right now.
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Old 05-29-2013, 11:54 AM
 
293 posts, read 249,983 times
Reputation: 181
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Originally Posted by nutnfancy View Post
Look at TSLA. Does anyone really think its jump to 110 is justified? I mean it puts a titan rocket trajectory to shame. Is this market ready for a pull back or can it keep going up?

Sorry to leave ya hangin'

This damn day job again

Anyway, not gunna fight The Fed

I'm staying very aggressive (~ 90% of portfolio) with equities.

Granted, time and an oversize emergency fund are on my side ... so it's not as hard to stay aggressive with the 401(k) as it may be for some.

But here's the deal ... Uncle Ben ain't gunna take away all the juice till he's fully satisfied that the economy is on a sustainable growth path.

Sure, there will be plenty of pullbacks and corrections (especially this time of the year) along the way.

In fact, I see the children are in a mild panic as we speak.

At any rate, I think there's a decent chance that we're actually in a long-term secular bull market.

So I'm stayin' pretty much all in.


By the way, if you think the trajectory of Tesla is impressive, check out the stock performance of Musk's other company, SolarCity (SCTY)...
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