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Bull or Bear?

Recs

17

August 02, 2010 – Comments (21)

I am just curious how people classify themselves at this point.  The bull market apparently peaked late April.  It then seemed to bottom after an approximate 16% correction.  It has been doing its summer rally routine now.  The real question is where to from here.  I think I know Porte's answer, but am curious where the sentiment lies with the rest.  Do we double dip or no?

My answer is no.

21 Comments – Post Your Own

#1) On August 03, 2010 at 12:05 AM, ikkyu2 (99.31) wrote:

Bullish stocks, bearish dollar.

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#2) On August 03, 2010 at 12:10 AM, awallejr (83.91) wrote:

Well that correlation has seemed to work.

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#3) On August 03, 2010 at 12:10 AM, Mary953 (74.46) wrote:

Definitely bullish, but still picking and choosing carefully (and still forgetting to change my CAPS picks)

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#4) On August 03, 2010 at 12:22 AM, awallejr (83.91) wrote:

Don't feel bad Mary I am the same with my picks.  I tanked my accuracy rating by jumping in and out of my picks when I first started so I tend to just pick and hold now.

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#5) On August 03, 2010 at 12:36 AM, Mary953 (74.46) wrote:

Thanks Awall.  If not for all those cute little charms, I would be tempted to fold my tent and slink away into the night.  ;)

As it is, I think we are starting into a new bull cycle that should hold for at least 6 months to a year.  I hope you picked up some bargains while the prices were low.

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#6) On August 03, 2010 at 12:57 AM, awallejr (83.91) wrote:

I did buy AA under $11 and XRX under $9.  I have been holding my dividend yielders,  My standard rule is to only buy stocks that pay dividends, well excluding option plays.

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#7) On August 03, 2010 at 1:34 AM, 1315623493 wrote:

I am now bullish. I have recently declared myself a bear, but I am cautiously bullish. 

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#8) On August 03, 2010 at 2:32 AM, TMFUltraLong (99.95) wrote:

Neither... I'm a realist

UltraLong

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#9) On August 03, 2010 at 3:34 AM, TMFBabo (100.00) wrote:

As always, bullish on certain stocks and bearish on certain others. 

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#10) On August 03, 2010 at 4:41 AM, Mstinterestinman (< 20) wrote:

My best description is cautiously bullish I see us hitting new highs compared to 2007 within 5 years from now the real question is do we tank after that

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#11) On August 03, 2010 at 8:27 AM, ValueDragonStyle (94.78) wrote:

Never stopped being bullish.

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#12) On August 03, 2010 at 8:31 AM, rhallbick (99.63) wrote:

Overall bullish since third week of May.  Expect to be more bearish two to six weeks out.

Re: double-dip.  I was raised on the notion that we have recessions on the average of every 4.2 years.  I expect that the current statistical number is a bit higher now, but it is a reminder that there is always another recession.

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#13) On August 03, 2010 at 9:27 AM, awallejr (83.91) wrote:

I've always viewed recessions as necessary corrections to a continuing upward trend.  The last one, however, was brutal.  I do think we will eventually pass the 2007 highs, it is just a question of "when," But not this year or next.

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#14) On August 03, 2010 at 9:42 AM, catoismymotor (32.76) wrote:

Double dip? Yes. My gut tells me the slide will happen in October/November of this year. I've been setting cash aside to buy when my companies go on sale.

I am a short term bear (3-5 years) and a long term bull (5-10 years). We are in one heck of a mess. It is going to take time for the middle class to patch things up and start consuming again.

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#15) On August 03, 2010 at 12:20 PM, Teacherman1 (58.21) wrote:

I'm bullish on all of my picks, and bearish on the ones I didn't pick.

The market goes up and down all the time based on a combination of economic fundamentals and human psychology, with some "manipulating" thrown in for good measure.

I think right now, psychology is playing a much bigger role than it has historically, so I would not even hazard a guess where the overall market will be at any given time, but believe the long term trend is bullish from here. 

If we do experience a double dip (which right now I don't think we will), I don't believe it will be anywhere near the level of the last one.

JMO and worth exactly what I am charging for it. 

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#16) On August 03, 2010 at 1:31 PM, outoffocus (22.89) wrote:

I'm an investor trying to make money

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#17) On August 03, 2010 at 3:48 PM, eldemonio (98.87) wrote:

I'm the bastard son of a Dr. Moreau experiment gone awry. 

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#18) On August 03, 2010 at 6:30 PM, totallyoblivious (30.28) wrote:

I'm looking to sell stocks anytime the Dow is over 10,500, short over 11,000, and buying whenever it's under 10,000.  I think we're going to mostly be stuck in that 10-10.5 range for at least the next 6 months, excluding the occasional brief spike in either direction.  I'm very bullish on things a year out from now, though.

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#19) On August 03, 2010 at 8:01 PM, chk999 (99.97) wrote:

Call me cautiously bullish. I think we are in a cyclical bull in a secular bear with some years yet to go in the secular bear. When that ends (with PE ratios in the single digits) we will have a long bull that will be the chance to build really serious wealth. 

I have no idea how long the current bull will last or how many years of bear we have left to go. I'm not buying much in real money at the present. 

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#20) On August 03, 2010 at 8:08 PM, WallstreetKnight (42.42) wrote:

I think we're going to limbo in the '2 steps forward, 1 step back' market, kinda like in the months leading up to May.

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#21) On August 09, 2010 at 4:16 PM, michel11 (< 20) wrote:

The people are losing their moral while becoming modern. The
society needs to be attentive that moral value.

 ___________________________________

 

michel11

Repossession Mortgages

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