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Old Yesterday, 07:13 PM   #4276
lamboguy
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i am starting to have a different opinion on these markets. i am thinking that there is going to be one final tank to wash out as many people as possible and rinse them out before the S+P explodes to 5000.

under 3000 now makes a lot of sense and does some nice damage. the fed will then empty out their artilary.
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Old Today, 06:49 AM   #4277
geroge.burns99
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Quote:
Originally Posted by lamboguy View Post
Proctor and Gamble

Costco

Nestle
keep it coming....

the more buying......more gains
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Old Today, 01:27 PM   #4278
Rex Phinney
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Quote:
Originally Posted by lamboguy View Post
i am starting to have a different opinion on these markets. i am thinking that there is going to be one final tank to wash out as many people as possible and rinse them out before the S+P explodes to 5000.

under 3000 now makes a lot of sense and does some nice damage. the fed will then empty out their artilary.

The economy will crap out and the fed will stop raising or even reduce rates. This will send Bond prices from their current depressed level to the moon.


I've been saying it for months and I'll keep saying it, Bonds are the place to be right now, yields for the long term are stupid good and the potential for 30-40% appreciation is there too.


I think 3,000 as a bottom for the S&P seems reasonable, I don't know if it will happen this year or next year. Things seem otpimistic the last few days, I'm not sure why. Housing has only begun to feel some pain and the jobs market cannot sustain it's current levels.
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