Warm_Paw

'Survivor's Bounce' Coming to an End

The DOW's in the 9500 area and we have high unemployment.
The market is having a hard time sustaining the DOW's level without fundamentals.
The surge in the DOW is all stimulus.
The stimulus just neutralized toxic assets. It didn't add value to existing stocks.
I see a DOW 6000 before OCT ends.
You'd learn AIG lost $20 a share for this quarter if it weren't for the fact the govt owns it in conservatorship.
The DOW can't get past 10,000 because there's no real intrinsic value for it to do so.