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Varchild2008 (85.91)

This Rally will UnRALLY real insanely quick

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July 29, 2009 – Comments (5)

I hope people who can't stomache DOW 100....... Or DOW .0001   are prepared to SELL off their shares.

www.gallup.com

The numbers today are at or near their absolute WORST of the YEAR for employment, consumer spending, consumer confidence, confidence in Pres. Obama, and across the board.

Their is absolute CHAOS brewing and bubbling.... The seeds of CHAOS have been grown and are now beginning to sprout... And what they sprout ain't pretty..aint' funny either....

The following things have not bottomed:

A) Housing
B) Autos
C) Travel
D) Discretionary Spending
E) Unemployment
F) Consumer Confidence
G) Consumer Spending
H) Financials 
I) Commercial Real Estate
J) Credit Card Defaults
K) Corporate Bankruptices
L)  State / City / County Bankruptcies
M) Crime

With a straight face....no laughing....no chuckling.... Can anyone with any confidence claim otherwise?

Then why are you buying up this market to DOW 9000? 

This market shall plunge..... We can't afford a Stock Market rallying while our economy is spiraling into Chaos.

5 Comments – Post Your Own

#1) On July 29, 2009 at 2:46 PM, drgroup (69.32) wrote:

Short sellers stage....

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#2) On July 29, 2009 at 2:52 PM, Varchild2008 (85.91) wrote:

Nope.  I don't get into Short Selling... It's how I lost $15,000 in 2008 and how I will lose nearly all my gains I've gotten this year.

I'm flat out 90% fully invested in stocks.

I got 350 shares of (F) I refuse to give up.

So why bother listening to me if I am holding shares?

Because there's a false sense of security floating around that is wrong.. Investors must focus on the Economy and not on the CNBC critics predicting Economic BOOM in 2010.

I see nothing but job losses and the death of consumer spending.  GALLUP sees it....

So I am shooken up today badly over the numbers we have seen this week at GALLUP.

Contrary to my postings.... I am not rooting for Pres. Obama's approval numbers to drop further.... Because I realize the lower they go....signals the situation in our economy much better than the Stock Market.

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#3) On July 29, 2009 at 2:52 PM, barbarosssa25 (< 20) wrote:

LOL CRIME

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#4) On July 29, 2009 at 2:58 PM, Varchild2008 (85.91) wrote:

(SHORT TERMers)  I recommend selling high risk stocks until the numbers reverse trend....

(LONG TERM) I highly recommend "HOLDING" your stakes and waiting out what I think is going to be a nasty first 2 weeks of August.

We are setting ourselves up for a MEGA correction.  Buying now means buying at the top of another down turn.

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#5) On July 29, 2009 at 3:02 PM, automaticaev (< 20) wrote:

are you sure i want to take my profit asnd rebuy later.  What you think about ener, ure, hte, dig, ire?

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