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starbucks4ever (91.32)

More bullish news ahead



June 10, 2009 – Comments (5)

We are now going to have some more consumer reports and an election in Iran. As for the former, I confidently predict that they will beat expectations because the rising stock market has made everyone but me feel happy and cheerful. As for the latter, the Obama Administration is clearly going to score its first diplomatic victory this weekend by putting its stooge in charge of one of the major oil suppliers - a point overlooked by the bearish part of the financial media. The oil stocks, though, could drop after the Iran election, and the next week could be bearish for the commodities sector (I hope DWI closes his picks in time).

5 Comments – Post Your Own

#1) On June 10, 2009 at 2:21 PM, checklist34 (98.71) wrote:

well i sure hope that news on the economy remains or turns bullish.  for the good of all, for the good of the S&P's value, for my pocketbook, and for a better tomorrow.  :)

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#2) On June 10, 2009 at 2:22 PM, goldminingXpert (28.80) wrote:

Hope isn't an investment strategy...

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#3) On June 10, 2009 at 3:02 PM, checklist34 (98.71) wrote:

no, it isn't, GMX.

but the strategy that I have used to date has paid off much more than 100% in 6 months, is up today (w/$$$, i haven't checked my caps score), and I have a whole different strategy for a high inflation environment.  On investment strategies I'm all covered.

But sometimes hope doesn't hurt, and I do genuinely hope for a better day for my fellow citizens and economies of both country and world.  And thats that. 

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#4) On June 10, 2009 at 3:05 PM, scorp1us (< 20) wrote:

Up 100% in 6 months is worse than market average. Up 100% in 12 months, now that takes talent.


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#5) On June 10, 2009 at 6:46 PM, checklist34 (98.71) wrote:

its nowhere near worse than the market average, the market is just slightly above flat over that same time period, scorp1us.  I've outperformed the market by much more than 100% with real $$$. 

I offer a glimpse at my real world performance to remind people who may pass this thread by that pontificating and elaborating and waxing eloquently and reaching a level of dogma rarely seen are all impressive.  But making money is the point.  :)

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