Markets Disappointed by Decline in Consumer Confidence [View article]
thats coz the mkt is being manipulated by obama and team
On Jun 30 08:11 PM head injury wrote:
> This market just doesn't feel like giving up the ghost. We get some > bad consumer confidence data and the DJIA shrugs it off mostly. It's > funny how the market surges 38% on some Green shits BS and when it > looks like these shits are in jeopardy it only gives up 8/10 %? wtf? > > > good finance articles: heavysidetrade.blogspo.../
great article. as soon as the PPT stops propping up the mkt...it will collapse.....there is no real buying...just shuffling of stocks around PPT and their concert parties. Bit like a poker table which usually sits 10 but now only has 3 players..all pros...trying to take each other's money and betting larger raising the pot size.....for a bull mkt to happen, all 10 seats have to be filled...i doubt retailers are coming back anytime soon
Obamanomics is a joke. He is relying on his charisma to fuel the spending recovery in the US. Obamanomics is responsible for propping up the stockmarket, so sentiment will get better and thus consumer confidence will rise so that ppl will spend more. His propanganda machine is working overtime...save 600k jobs? how did he work that out?
If a Rally Runs on Volume, This One Is Running Out of Steam [View article]
This market has gone up on hot air and manipulation from Obamonomics. He is trying to instill a feel good factor to get everyone to spend again so that the economy can recover. Now the TARP banks have raised enough money to pay off the TARP..no more need to support the market
stocks have been artificially pumped higher by PPT so that feel good factor can come in so ppl will spend. so far the only ppl that have bought the rally are mutual funds sitting on high cash levels. this is just a longer version of that happened in the first few weeks of January when the dow went to 9000 and was +10% ytd. we all know what happened after...
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Markets Disappointed by Decline in Consumer Confidence [View article]
On Jun 30 08:11 PM head injury wrote:
> This market just doesn't feel like giving up the ghost. We get some
> bad consumer confidence data and the DJIA shrugs it off mostly. It's
> funny how the market surges 38% on some Green shits BS and when it
> looks like these shits are in jeopardy it only gives up 8/10 %? wtf?
>
>
> good finance articles: heavysidetrade.blogspo.../
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Then Now
Peak 3/sep/29 Dow 381 9/oct/07 Dow 14164
Post Crash Lows 13/nov/29 Dow 201 6/mar/08 Dow 6626
(47%) from peak (53%) from peak
Bear rally 17/apr/30 Dow 294 12/jun/09 Dow 8799
155days +46% from low 98days + 33% from low
More lows 31/dec/30 Dow 165 31/dec/09 Dow 5138?
31 /dec/31 Dow 78 31/dec/10 Dow 2584?
Real bottom 7/jul/32 Dow 42 31/Dec/2011 Dow 1558??
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