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Location: By the sea, by the sea, by the beautiful sea
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Quote:
Originally Posted by Opin_Yunated
You have no proof.
Sorry, the doom and gloom going on in the mind of conservatives isn't backed up by any facts.
And with computers making thousands of deals per second that have nothing to do with the success/failure of the companies whose stocks are being traded, just WHAT does the DOW or any market indicator really represent these days?
Quote:
Originally Posted by Opin_Yunated
"Numbers are the closest thing to god's handwriting." ~Pacific Rim
Don't you know there is no such thing as good news while a Democrat is in the White House?
Everything is a lie, a trick, a scheme or a conspiracy. Or it's just a fluke or a mistake.
It's too bad, really, that so many would rather be afraid than take advantage of a good situation. A cherry falls on their head and they think the sky is falling when they should be climbing the tree to pick more cherries because they are ripe.
And with computers making thousands of deals per second that have nothing to do with the success/failure of the companies whose stocks are being traded, just WHAT does the DOW or any market indicator really represent these days?
Sorry, you have no credibility when your rebuttal to statistics is reduced to conspiracy theories.
The economy has officially replaced all lost jobs since the recession.
When is that other shoe going to drop? Must have little slipper!
I hate to disappoint the doomsday people but things are definitely getting better.
Stocks have shaken off last week's Portuguese bank scare. The Dow is back above 17,000 and is once again at a record high.
The Dow is up more than 130 points heading into lunch and hit a new peak of 17,085 at earlier in the session.
The S&P 500 and Nasdaq are both up around 0.6%.
The rally comes as Goldman Sachs released an upgraded target for the S&P 500. Analysts there now think the blue chip index will hit 2050 by year's-end instead of 1900.
The S&P 500 has been hovering around 1980 all day.
But tell me my trader friend, do you think this market is for real or just a Fed induced bubble?
Crystal ball's in the shop but it doesn't matter.
There's debating causation from the sidelines and then there's making bank whether short or long.
We definitely feel 'toppy' and these historic lows in volatility cause concern but I don't think any institutional or hedge fund money seems overly concerned. Set stops and forget it.
[ADDED] And watch - now that I've posted positivity, we're gonna crash hard. I'm good at jinxing that way.
Last edited by TrexDigit; 07-14-2014 at 04:15 PM..
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