Pauly B

Four Reasons We're Headed Even Higher

If my checkbook looked like the current balance sheet of the USA I would say that I am not climbing a wall of worry about the markets but would say I should be worried.

This massive massive debt load coming out of Washington just takes more and more money from both the individual and business, especially small business.

Yes I agree with you we are currently in a bull run and the market could climb even higher. I went to cash about a week ago and will forgo any upside moves until I start to really see some improving numbers in earnings, inventories, shipping increases, packaging demand increasing and so on. Q3 and Q4 should really be interesting.

We are entering the fall cycle now. We now will get to see what the market is really made of and if it is overvalued.


On Aug 28 07:24 AM redbaron wrote:

> I agree with the author, and the pundits are just part of the wall
> of worry the market continues to climb. Why not get on board and
> enjoy the ride? Eventually, each pundit will do exactly that, helping
> fuel the advance. It is happening each market day, and that is the
> reason the market continues to climb.

Four Reasons We're Headed Even Higher

We have put a lot of lip stick on this pig.

What is funny some folks like pigs with lipstick on them.

I dont see the fundamentals improving much, I am sorry, I just see the pig. without the lip stick.

The Current Market Atmosphere: Easy Money Hard to Come by

Look at a 5 year chart of the VIX. Then look at where the VIX made a top. Now overlay the S&P over that. I think that is pretty good place to buy quality securities in equities and ride the market back up.

I always go by the saying "the market hates extremes"

Or as one of the Rothschild's said "when there is blood in the streets, you buy."