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  • Gone Nowhere in 8 Years [View article]
    A better chart to review would be the S & P 500, which as of today is where it was back in 1998.

    Average Americans have no idea just how corrupt and manipulated the stock market is now.
    Where the FED, its partner banks, money center banks only have one goal: Keep the market in a never ending series of market bubbles and market crashes.
    We have had 2 since 1999 and we are working on number 3 right now.
    S & P should be at 750 right now to be at its 30 year long term uptrend line. That is a fact.
    For those that know and understand this, you will always make money buying low and selling high.
    For those average Americans and Cramericans out there who are waiting anxiously for Cramer's soon to be releases new book titled:
    "Getting back to even", you continue to deserve to lose all your money, year in and year out, because you put your trust in people who in turn dont give a damn about you.

    compdivplan.com
    Sep 12 09:03 am |Rating: +39 -9 |Link to Comment
  • S&P Still Considers This Market Cheap [View article]
    <<What the market does know is that the chance of a Depression was averted with the suspension of the banking mark-to-market rules. That has fueled the post March 9th rally.>>

    No.
    What has fueled the rally since March 9th has been hedge funds and IB trading desks using TARP money to make the market go higher.
    Average Americans (i am not talking about people who trade stocks for a living) did not participate in this bear market rally for we know from history that they remained shell shocked from the losses sustained over the past 12 months.
    Unlike 25 years ago when hedge funds were far and few between, hedge funds are now responsible for the majority of stock price / index movements. The simple fact of the matter is, hedge funds, the trading desks decided enough is enough, it was time to make some money on the long side. And boy they made it.
    Unfortunately average americans did not participate in the rally, and of course, as if right on point, analysts began upgrading the most beaten down sectors AFTER they shot up more than 100% from their lows.

    This is typical Wall Street behavior. Telling investors what they want to hear, rather than what they need to hear.

    It is going to take more than a handful or positively spun news points to convince folks that everything is looking better.
    May 21 08:33 am |Rating: +12 -1 |Link to Comment
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