User 172125

Credit Card Spending on the Global Rise

Its just like the gloom and doom about the economy- GDP #s just came out- and there is still no PROOF that we are even in a recession.

The US economy is still the dog wagging the tail of the global economy. If it turns out the we avoided a recession not only will our market be on the way to a 15,000. point dow- but the rest of the world will respond accordingly. Money is already poaring back into equities from the commodities markets- and when the fed announces that it is done cutting rates we will see trillions of dollars come back into stocks from the cash sitting on the sidelines and the shift out of alternative investments and hedges. V will be a beneficiary.

Expect to see V trading over 100$ within 90 days (if not sooner).

42,000,000- shares traded hands yesterday- blowing out the previous high by 17,000,000 shares. That was not aunt milly buying shares from her Ameritrade account. Institutional money will scoop up the float.

HOPE for a 3$ pullback this week - and IF you see it - use that as your entry point for the last big dip you will see pre-100$

Good luck- I bought more shares this morning on GDP #s alone- I'm betting that small money has already exited - paving the way for real V investors and not hit and run speculators.

Good Luck