Wallmart has over a million Unions are the bane of growth and capitalism. Underperforming stocks tend to be weighed down by them. healthcare, dental, injury, 401k, retirement, discrimination suits, you name it
GOOG rim aapl bidu surging you just got to hang in there the rebounders always win. You cont lose going long in these stocks.
ONE thing i can guarantee. this staunch market downtrend has more to go - that is, as long as there is still hope and optimism oozing from these threads paySense
When I say buy it is time to I will reiterrate that I don't fail even with my stocks down a lot in the past two weeks. and the dow will see 15,000 by end of year RIMM, GOOG, BIDU, AAPL, MA, Gs will be the leading stocks EWZ and FXI are the best ETFs
15,000 ?? Well if u say so it may be, but consider this: MarketWatch: <b>THE FED Fed's Kroszner content with current rate stance Weak data alone won't justify further rate cut By Greg Robb, MarketWatch Last Update: 8:58 AM ET Nov 16, 2007 Print E-mail Subscribe to RSS Disable Live Quotes WASHINGTON (MarketWatch) -- Interest rates are low enough to get the economy through a coming "rough patch," said Federal Reserve Governor Randall Kroszner on Friday. "Looking further ahead, the current stance of monetary policy should help the economy get through the rough patch during the next year, with growth then likely to return to its longer-run sustainable rate," Kroszner said in a speech to international bankers in New York. His remarks are yet another message from the Fed to financial market participants that they should not to expect a slew of interest rate cuts in coming months. "A sequence of data releases consistent with the rough patch for economic activity that I expect in coming months would not, by themselves, suggest to me that the current stance of monetary policy is inappropriate," Kroszner said. See economy page. He echoed the latest policy statement that the risks of a downturn in growth and a pickup in inflation are balanced. The rise in energy prices and the weakness of the dollar in foreign exchange trading have boosted concern about inflation, he said. "The recent run-up in energy prices and the fall in the foreign exchange value of the dollar suggested to me that, since the September FOMC meeting, somewhat greater inflation risks had raised the costs of easing policy to manage macroeconomic risks," he said. Kroszner noted that it is a feature of monetary policy that each additional rate cut has lower benefits and greater risks. Outlook The expected slowdown is just a further sign that the housing downturn in intensifying, as a result of the recent turmoil in financial markets, he said. Consumer spending could be slowed by the drop in home prices and rising prices at the gasoline pump. Businesses could also curb capital-spending plans, he said. But there are no signs that the downturn will be severe. Business sentiment surveys have been holding up and conditions in the labor market remain solid. "As conditions in mortgage markets gradually normalize, home sales should pick up, and homebuilders are likely to make progress in reducing their inventory overhang," Kroszner said. This recovery shouldn't be accompanied by rising inflation, he said. The Fed governor said that he would be "especially concerned if inflation expectations were to become unmoored." Limited economic data since the last FOMC meeting haven't changed his thinking, Kroszner said. </b> Kroszner is a voting member and u may like a 1 point cut - but reality is it may not happen...u can hoorah, but trade accordingly.Pay$$
15,000 by the end of the year, the chance of that is 0% ITS NOT GOING TO HAPPEN. There will be no "melt up" as the talking heads refer to it as. Expect the markets to trade flat to down into the end of 2007.
ST - good for comic relief: <b>"...the rebounders always win. You cont (sp.) lose going long in these stocks."</b> famous last words, too funny.pS
I know, that came out in the morning. But markets up anyway. Bernanke's stance is the one that matters.
So RIMM is not 96 anymore, what my friend is your point? "ok if not rebound by 2008. . .hmmm ok 2009" too funny.