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Tack Comments (6484)
 
Uh-oh, one of the early-bird sell signals.
7 Feb, 03:23 PM Reply Like

Conventional Wisdumb Comments (1803)
 
"Happy Days are Here Again"
1930

http://bit.ly/zLxgBF
"Today, the song is probably best remembered as the campaign song for Franklin Delano Roosevelt's successful 1932 presidential campaign"

http://bit.ly/yfI6kF#!

Lyrics to Happy Days Are Here Again :

"Happy days are here again,

the skies above are clear again

let us sing a song of cheer again

Happy days are here again,

Altogether shout it now

There's no one who can doubt it now

so let's tell the world about it now

Happy days are here again,

Your cares and troubles are gone

They're be no more from now on

Happy days are here again,

the skies above are clear again

let us sing a song of cheer again

Happy days are here again,


So long sad time, so long bad time

we are rid of you at last

Howdy gay times, cloudy gray times

you are now a thing of the past

Happy days are here again,

the skies above are clear again

let us sing a song of cheer again

Happy days are here again,


Altogether shout it now

There's no one who can doubt it now

so let's tell the world about it now

Happy days are here again,

Your cares and troubles are gone

They're be no more from now on

Happy days are here again,

the skies above are clear again

let us sing a song of cheer again

Happy days are here again,

Happy days are here again,

the skies above are clear again

let us sing a song of cheer again

Happy days are here again"


It actually makes you feel good to listen to that song!

Don't worry I am only mildly bullish. When I throw in the towel it will be time to sell!
7 Feb, 03:39 PM Reply Like

Ted Bear Comments (170)
 
Hard to seperate market action from econmic reality, but you must do it to thrive in this environment.

How many times can we be on the cusp of a 'deal' in Greece?

And how many hours after a deal is signed until a new deal is necessary because everyone in the first one provided 'untruthful' information?

Then we start climbing the wall of worry all over again...and again....and again......
7 Feb, 03:29 PM Reply Like

Stone Fox Capital Comments (2872)
 
saying and doing are 2 different birds. Some surveys show investors bullish though fund flows have hardly been positive and in no way has made up for the outflow from last year.
7 Feb, 03:32 PM Reply Like

Tack Comments (6484)
 
Just so there would be no confusion I should have put a smiley face at the end of that sentence.

Fully concur on funds flow.
7 Feb, 03:56 PM Reply Like

jstratt Comments (1195)
 
In an answer to the statement above I think many people are underinvested and wish they were in the market. If they werent before the Fed saying low interest rates for 2 years suggests more allocation to stocks.

Stocks are more fairly valued at the moment, but are not heavily overvalued as I have seen at many or most points during the past 30 years.

I agree several events could cause stocks to fall. However several things could cause stocks to rise! I am thinking

- The Fed stance is bullish for stocks
- A Mortgage settlement would be bullish
- Politicians such as Congress with a 11% approval rating desire reelection
- Banks after 5 yrs of building liquidity and writing off problems are cheap
7 Feb, 03:59 PM Reply Like

Poor Texan Comments (3172)
 
We have (some) knowledgeable investors here on S.A. The average Joe that was in the market through his 401(k) or I.R.A. and took a hit and then suffered through the volatility of the last three years is looking to invest in something he understands (like tools or autos or computers or travel) and looking for any reason to stay out of the market. Once burned, twice shy, no more reaching for the sky.
7 Feb, 05:03 PM Reply Like

SA reader Comments (174)
 
Everyone being bullish is definitely bullish for the markets. Since we are all 100% invested in stocks, stocks can't go down right? RIGHT?
7 Feb, 04:47 PM Reply Like

WMARKW Comments (5035)
 
Ha...ha....I love these articles. It's magic to me how the markets can continue to go up when there is no fundamental change in the economy to support the businesses represented by the markets. Oh well..... i guess no one looked at the CBO forecast for the next couple years.
7 Feb, 05:37 PM Reply Like

Tack Comments (6484)
 
WM:

You might wish to examine the actual reported data, rather than forecasts and punditry. It's been going in a singular direction ever since 2009Q2.

I wonder how many are still in the flock following ECRI's Pied Piper.
7 Feb, 06:49 PM Reply Like

marketman54 Comments (703)
 
I know it going up, I'm not sure why, things aren't really that great across the board.

I do know that the world is balancing on a pinhead with Europe, Japan Ireland, England, Romania, Hungary and the USA bankrupt. Libya, Syria, Iraq, Iran, Egypt, Sudan, Palestine......all ready to blow.

You fill in the rest of the details, it ain't pretty no matter how you paint it.
7 Feb, 11:40 PM Reply Like

untrusting investor Comments (7017)
 
Roubini bullish? Where are all the commentators pointing out the large number of bears out there?
8 Feb, 01:04 AM Reply Like

WMARKW Comments (5035)
 
Traitors, I say....they are all traitors. Certainly I am not the last bear in the cave......
8 Feb, 10:50 AM Reply Like

untrusting investor Comments (7017)
 
WM,
No you are not the last bear .. by a long long ways. But in the punditry and MSM, there are very very few willing to proclaim themselves as bears.
8 Feb, 07:00 PM Reply Like

BlueCollarBlueDog Comments (57)
 
Can the cahoots club (The Fed, Treasury, BLS, White House and MSM)
hold reporting below the debt ceiling until the election? Probably. I'm sure they will try. But, if they can't, they may throw the Internet "off" switch.

I'm folding these aces and eights. Bon chance.
11 Feb, 09:03 PM Reply Like