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NeedleCast

(8,827 posts)
35. This actually has me a little worried
Wed Mar 14, 2012, 02:25 PM
Mar 2012

It's a recipe for failure. Gains in the market do not seem based on actual economic news (not that they usually are) but this often leads to a larger and larger bubble that will eventually burst. As long as other economic indicators remain relatively positive, the market may continue to surge but if, on the other hand, it tanks 3000 points between August and November, you can bet Obama will bear the brunt of the responsibility for that (despite not actually being responsible).

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When it reaches 14,000 i'm thinking of shorting. DocMac Mar 2012 #1
And/or sell calls. n/t BadgerKid Mar 2012 #7
Don't try to time the market. Nobody can do that. Nye Bevan Mar 2012 #15
You're right. It's a gamble. DocMac Mar 2012 #23
I have never shorted anything and never will. Nye Bevan Mar 2012 #28
If you look in the archives, you'll find I put out a "Buy" signal in 2008 at EXACTLY.... Junkdrawer Mar 2012 #2
The "bottom of the market" was in 2009 (nt) Nye Bevan Mar 2012 #16
I bought 3 stocks in early Oct. 2008. For 2 of the 3, I bought at pretty much the exact bottom. Junkdrawer Mar 2012 #30
Bloomberg keeps saying take some money off of the table siligut Mar 2012 #17
Its amazing what a reduced workforce, stagnant wages, and higher selling prices can do DJ13 Mar 2012 #3
It's amazing how many people are drinking that kool-aid Zalatix Mar 2012 #8
I hope this puts Limbaugh in cardiac distress. lpbk2713 Mar 2012 #4
Yeah, time to print out the portfolio "snapshot" Warpy Mar 2012 #5
Loose Monetary Policy At Work Yavin4 Mar 2012 #6
Ron Paul? Monetary policy is designed to prompt investment in depressed times banned from Kos Mar 2012 #9
Thing is, Some Folks Don't Want to Gamble on Stocks Yavin4 Mar 2012 #11
No, you/we are being punished by the ECONOMY and not bankers. banned from Kos Mar 2012 #12
First, It's Not A "couple points on interest" Yavin4 Mar 2012 #20
Low interest rates do nothing to spur growth. girl gone mad Mar 2012 #24
No doubt this is going to help us at election time. pa28 Mar 2012 #10
Are you joking? lacrew Mar 2012 #13
While I think a large jump is possible, I would not put all my eggs in that basket. JoePhilly Mar 2012 #14
And what does that number signify? MadHound Mar 2012 #18
The Number Signifies That Negative Real Interest Rates Create Stock Bubbles Yavin4 Mar 2012 #21
Goddam Obama and his Socialist Agenda. trof Mar 2012 #19
lol! DocMac Mar 2012 #25
HA!!! Rex Mar 2012 #33
Dow at 14,000+ and Oil at $120.00+/Barrel is where we crashed last time Motown_Johnny Mar 2012 #22
I doubt 18,000 but there are more legs to this upside quaker bill Mar 2012 #26
Which only proves that equities are the worst indicator of overall economic health. girl gone mad Mar 2012 #27
One reason that stocks have gone up is that unemployment has been going down (nt) Nye Bevan Mar 2012 #29
So you're saying... MattSh Mar 2012 #31
anti Wall Street President does this every time. librechik Mar 2012 #32
When you have a strong business suit in office Rex Mar 2012 #34
This actually has me a little worried NeedleCast Mar 2012 #35
Latest Discussions»General Discussion»The Dow Jones is less tha...»Reply #35