EddieInAlbq

2009: Expecting a Massive Rally

I think that we are due for a HUGE rally. Stocks are EXTREMELY oversold. The housing bubble has been deflated. Housing prices are about back to normal. The US population is increasing by about 3 MILLION per year, and those people will need a place to live. A lot of corporations are actually debt-free and have cash for buybacks. The market has historically recovered long before the economy does. Unstable world? When has the world ever NOT been unstable? There is always some kind of conflict or war going on.


On Dec 29 10:22 AM market ace wrote:

> Dream on! There will obvioulsy be tradable bounces in any market,
> but this one has no chance of a solid long term rally. The only bounces
> have come on bailout news and Gov't intervention. The basic problems
> are not going away - ie housing/mortgage problems, excess personal
> and corporate debt, consumer withdrawal and unemployment, excess
> Gov't debt and ultimately lower corporate profits. All of these work
> against and will not sustain any economic recovery for many years.
> Throw in a very unstable world and wars popping up all over in 2009
> and safe haven investments will remain king.