
Hi Jeff,
I’m counting on this downside move starting now! Thanks for your insight and information. Very much appreciated.
How have we stayed up this long it just makes me wonder everyday. There is nothing that is being done politacally taht is going to help us but take us down more in my opinion. Who wants to hire people not knowing what healthcare is going to do. Pretty concerning what could happen here but if you keep your powder dry(having cash) there may be some buying opportunities galore out there. Now the problem will be what will the new low be and when do you get back in? I don’t have any idea how the Fed can come back in and reinflate this again so what can be done. We are going to have to find a new way to fund growth.
Definitely believe we are in for continued down trend in the market or at best flat market.
Biggest concern for me is current government policy and the unknown over tax and health care effects going into future.
Thanks for going over those 10 signals. The marketing going down has been on my mind a lot, it’s kind of scary keeping me in cash and or looking for things to short.
Hi Greg, no problem… glad they helped!
Bruce… It will indeed be very interesting to see what effect the health care bill has on the market!
We need to remember we are only 38% of the global GDP now. Past indicators are not as reliable as before. The global market is may turn our market positive before we know it. Corporations are sitting on a mountain of cash. I can not turn on CNBC without hearing the words “double dip recession.” History has shown that after a massive run up in Gov debt the stock market started a major bull market. Investors are still putting large amount in bonds. Fear always takes your eye off good investments.
Yes, don’t understand why it hasn’t come crashing down already. Read that the Fed is propping it up buying stock? Maybe some people think that equities are a store of value, but we are deflating now. Many companies flush with cash but also have record levels of debt too? Just watching every day and keep rolling puts to the next few months out, and spread trading the swing opportunities I guess. Scary times for us all.
Always, the great motivator.
Enjoyed Tony’s commentary.
New to the site, thanks so much!!!!!!!!!!!!
To Jeff and crew: HAVE A GREAT DAY
Hi Alfred, Welcome to the site… I’m glad you are apart of it!