Maximus

Why This Rally Is Unsustainable

Your comment about XL Capital is correct. But your overall your comment begs the question posed by the author that the market is rigged, and that it is up on low volume. If your long, have tight stops losses in place. Based on the comment stream, TBT seems like the place to be.

I also find it out of place to insult a very intelligent author by calling him a "basket case" simply because his point of view diverges from your own.

Did you even know what the stock market was when you were 19?
On May 02 02:32 AM InvestBaboo wrote:

> This author is a real basketcase.
>
> XL capital staged a rally to $9.84 from the low digits. To this basketcase
> author this is a 400% unjustfied rally. He would argue "What has
> changed in the fundamentals since March of this year to justify a
> 400% rally?" To those investors who remember seeing XL at 40 dollar
> plus last year it has barely begun to make up for the decline. These
> investors were probably shocked and aghast that a 40 dollar stock
> so quickly ran down to the single low digits in such a short timeframe.
> The same is true with all other equities the author talks about.
> The author forgets that these were behemoths once that were brutally
> punished by the market and have not recovered even to half their
> original value.
>
> "THE MARKET OVER CORRECTED MANY EQUITIES TO THE DOWNSIDE AND NOW
> IS BARELY BEGUN MAKING UP FOR THE OVER CORRECTION." There have been
> significant improvements in the fundamentals that are helping the
> markets now put proper value on these devastated equities. While
> the market will not reward them with their 2008 highs (yet!) the
> market will certainly take them a lot higher than where they are
> today.
>
> It is exactly this "Cup half empty" syndrome that creates suckers
> out of people. People like this author always think they are smarter
> than the market and always try to double guess and/or outsmart the
> market. There is a whole bunch of these sucker authors on Seeking
> Alpha who have caused their readers great disservice by influencing
> them to stay out of this rally. If this author and others like him
> had simply followed charts and then came up with a rationale to justify
> why the markets were rewarding the equities perhaps they would not
> only be wiser but also richer.
>
> As for the author finding faults with the technical parameters of
> this rally there are thousand other analysts who will look at the
> same data and argue otherwise. At the end of the day the markets
> rule and investors are wise to follow the trend till the bend at
> the end.

Goldman Sachs Top Ticks the Market

At least his comments are interesting...


On Apr 14 08:26 PM Jorb wrote:

> Spammer. He cut and pasts the same garbage line for line from a template
>
>
> www.google.com/search?...;hl=en&filter=0
>