SivBum

A Rally of Historic Proportions

Seems to me the sum of them has worked to reverse the economic meltdown that began well before these actions taken:

" For government to disregard contract law, to force bond holders from the front of the lien line, for government to increase our debt 4 fold in just months, to forgo proven tehchologies and commit trillions to unproven technologies, to indebt every tax payer with deficits that will be untenable without major tax increases in the very near future ... "

On Jun 03 09:20 AM enigmaman wrote:

> I find it amazing how many people feel like they know enough about
> the future to bet on it, bet that things will go back to the old
> normal, GDP will be + before the end of the 3rd quarter, that companies
> will soon be profitable enough to justify recent gains, considering
> this is supposed to be the worst recession since the 29 crash you
> would think investors would look at that correlation especialy the
> way Obama is mirroring the FDR agenda. That being the case why not
> expect the same result, to do the same and expect a different outcome
> is insane, let history be your guide. Government unpresidented intervention
> into banking, auto, healthcare etc, government dictating what is
> reasonable pay for uppper management and now lower is counter the
> free market. For government to disregard contract law, to force bond
> holders from the front of the lien line, for government to increase
> our debt 4 fold in just months, to forgo proven tehchologies and
> commit trillions to unproven technologies, to indebt every tax payer
> with deficits that will be untenable without major tax increases
> in the very near future, to believe all these will not substantially
> impact our economy is mindboggling, if you think its all good then
> do as Obama has bet the farm, double down, go for broke. Nothing
> about our future will be the same as before, to bet on the unknown
> as so many are leads me to believe that history will repeat itself
> as it did during the great depression, reality will prevail

GM Leaving the Dow (Soon): Likely Replacements

F is good and not a bad idea to bring back X.

S&P 500 Reaction to Obama's First 100 Days

Thanks for the data...very interesting and good topic to talk about this weekend.

Dow 30 Price Targets - Too Much Optimism?

Only 3 of the 30 showed marginal gain YTD....and that was last week. Brutal year so far.

New Lows For the Dow

Thanks for the listing...it has been a wiped out for big caps...what's not shown are similar bloodletting for mid & small caps as well. Only shining stars are oil/services and TIPs.