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August 26, 2009 – Comments (10) | RELATED TICKERS: PBT , HXL , ATI
If you have been sitting on the sidelines it's time to ACT. It's time to leave the saftety of the kiddie cash pool and swin with the big dogs. This is the new bull market and it will reward those who take BOLD action. BUY on todays dip.
Are you willing to give a money back guarantee to go with your investment advice? If not I would stay clear of the projections.
What dip? Wall Street and the Gov't are not going to let that happen and pour money into the market to stop the decline. Its all stimulus all day...not you individual investors.
For instance, DSW came out with its earnings today, profit down 30% but it "beat expectations." It's stock is sky high. Huh? Can you please explain this? This seems to be the mood of the market.
But as they say, can't fight the ticker...I'm out and staying out. This is another dangerous bubble being built up. don't loose your a$$ again! Be very very careful.
Well, for the 3rd day the market sells off mid-day on good news. That is a classic sign of topping bull move. But I am not predicting anything anymore. This market is very hard to predict. Every time it is about to reverse something happens to prop it up.
Yeah, nothing like the BOLD action of buying once we've had a 50% rally in the past few months. Those are always the guys who get rewarded - the late comers.
Yikes, I'll stay in the kiddie pool for now.
The tide has come in and you can no longer see their fins but that does not mean the sharks have left the area.
The stock market is simple incredible. The Chinese stock market rose incredibly the last 2 months because they suspected that some of the government stimulas ended up flooding the market. That's about 15% of the stimulas.
How many % do you think of the billions that the money the government gave to the banks ended up in the stock market. Here we don't even try to make a pretense that the stimulas is for the people. Banks get their play money & everything is OK.
Heres my prediction. The market will continue to advance to the point where the bears will have gone completely into hiding and bullishness is at its peak (possibly DOW 10k). Then BAM! steady market decline. We've already started seeing signs of bear capitulation. Just based on recent market action alone, it appears the market may be peaking, but it has to go up a little more before the big bang. The VIX may be a good indicator to look at. Its at the same level it was around September of last year, right before the big crash. Anyway we'll see.
I'm happily buying cheap in the money Oct puts now ...
This was great advice in mid-March. Now, not so much. According to the Buffett ratio, the general market is at the low end of fairly valued right now. If you see a specific company that you think is very undervalued, it is always time to buy, but I would not be buying the broad market at this time.
Japan still hasn't recovered from its financial meltdown. That's after 20+ years and that includes 20 years of inflation. Go ahead. Jump in Big Dog. Show us how it's done. Based on the current Vix, cbwang888's plan sounds like a little better play to me. I'll be kicking it in the kiddie pool with him.
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