I expected criticism for my bearish view on the market,thanks,sorry for my english (I live in Frankfurt,Germany) but I know that there is no new money on the table.Some say money come from commodities back to stocks,I disagree,as average american investor sits on losses above 20% on those too as many of you like to buy things at the top. Regarding money is flowing from money market into stocks,I disagree too,as money that is invested in fixed income usually stays conservative,investors that go for low interest are smart investors,they know market is broken they will wait at some extreme valuations before buying beaten bleeding stocks,as I expect Dow Jones to reach first bottom at 7000-7500 next year for sure,probably some short term money will be reinvested from bonds to stocks but only short term,as we enter biggest crash in american history (thank God Federal Reserve is buying index futures,selling short commodities to stop panic) that will get us to 2500-3750 on the Dow Jones.But even then nobody will make any money buying big caps as indexes will stay flat for 115 years with very small yearly change.After we will have gray hairs our children and grand children will ride next big bull wave,but we will never see a bull again.
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I expected criticism for my bearish view on the market,thanks,sorry for my english (I live in Frankfurt,Germany) but I know that there is no new money on the table.Some say money come from commodities back to stocks,I disagree,as average american investor sits on losses above 20% on those too as many of you like to buy things at the top.
Aug 18 04:00 am
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All Comments by User 244491 »Sentiment Review: Bullishness Rising [View article]
Regarding money is flowing from money market into stocks,I disagree too,as money that is invested in fixed income usually stays conservative,investors that go for low interest are smart investors,they know market is broken they will wait at some extreme valuations before buying beaten bleeding stocks,as I expect Dow Jones to reach first bottom at 7000-7500 next year for sure,probably some short term money will be reinvested from bonds to stocks but only short term,as we enter biggest crash in american history (thank God Federal Reserve is buying index futures,selling short commodities to stop panic) that will get us to 2500-3750 on the Dow Jones.But even then nobody will make any money buying big caps as indexes will stay flat for 115 years with very small yearly change.After we will have gray hairs our children and grand children will ride next big bull wave,but we will never see a bull again.