What's the point of trying to predict something a year from now. The market won't rally that quickly. It is not the nature of an asset & credit-inspired inflationary bear market.
The housing market typically lasts between 5-7 years, cycling through 4 market stages. That's the historical average, not a prediction. "I expect these headwinds to recede by the end of 2008"...I don't think so.
You're price target appears to be just a random guess, and I don't know why you put it out there.
If it's a bearish gap up with intra-day selling, the trend is broken. However, if buying momentum stays throughout the day as it did in Asia and Europe, then the trend is still intact. Gotta love the Treasury.
"...the unemployment rate should be over 6% by the holiday season this year."
I wasn't expecting 6.1% to come today.
BS Detector - absolutely right on 3.5%. It was 2am
Redbaron - The first thing I said was "Don’t even think for a second that the ISM Non-Manufacturing Employment Diffusion Index is the “holy grail”. They're slowdowns in growth, but not full recessions. As with any indicator, to answer your question, nothing is perfect, but shows how we're doing vs. historically.
Whidbey - correct. The market moves forward before the economy improves obviously, so if we'll be in a recession for several months, the markets aren't going higher from here.
I profiled several wholesale food distributors(like SYY) and dining establishments (like BOBE) and they all were unable to hike the price past the ceiling already in place. If they raise prices further to pass on costs, they're going to lose revenue and if they don't raise, then they're going to lose revenue anyway. Catch-22
As of 5:30AM this morning, crude is down $8.76 to $106.79, effectively breaking it's uptrend. The USO will gap down a penetrate the 200-day MA and possibly recover to close slightly above the MA.
This Rally Is Over, and Here’s Why [View article]
An Investor's Guide to Bear Markets [View article]
-JCL
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The housing market typically lasts between 5-7 years, cycling through 4 market stages. That's the historical average, not a prediction. "I expect these headwinds to recede by the end of 2008"...I don't think so.
You're price target appears to be just a random guess, and I don't know why you put it out there.
This Rally Is Over, and Here’s Why [View article]
Junkyarddog - Not wishful thinking. If you think the rally isn't over, go long with everything you have. I'm up 13% for Sept alone being 100% short.
This Rally Is Over, and Here’s Why [View article]
If it's a bearish gap up with intra-day selling, the trend is broken. However, if buying momentum stays throughout the day as it did in Asia and Europe, then the trend is still intact. Gotta love the Treasury.
This Rally Is Over, and Here’s Why [View article]
I wasn't expecting 6.1% to come today.
BS Detector - absolutely right on 3.5%. It was 2am
Redbaron - The first thing I said was "Don’t even think for a second that the ISM Non-Manufacturing Employment Diffusion Index is the “holy grail”. They're slowdowns in growth, but not full recessions. As with any indicator, to answer your question, nothing is perfect, but shows how we're doing vs. historically.
Whidbey - correct. The market moves forward before the economy improves obviously, so if we'll be in a recession for several months, the markets aren't going higher from here.
Crash Opportunities: Part I [View article]
Hedge Fund Hell [View article]
Hedge Fund Hell [View article]
Hedge Fund Hell [View article]
A Tale of Three Markets [View article]
Start Planning for a Hard Economic Landing [View article]
An Investor's Guide to Bear Markets [View article]
User 252509 - FYI...chill out