this has nothing to do with bush, this is a war of liquidity you are watching before your eyes. institutions 37 ---- hedges 9 still in the third quarter *side note---hedgies cashed out some big oil profits today------where will they add to their core equity short positions tomorrow? did the russell end strong today {index played by the little guys} like the s&p?
I want to invest in this hot stock market but I don't have any savings, maybe I can do a cash withdrawal on my credit card, or better yet let my take out a third mortage and cash out what little equity I have left in my home, I don't want to miss this big rally in the stock market everyone is making money in the stock market. This is a fine mess Mr Greenspan has created. he looks like that old man on Charlie and the Chocolate Factory
It's all linked: people read positive and bullish articles in the news paper then call broker to buy more mutual funds. The funds have to buy more shares in open market. This makes market look more bullish, so the papers report more bullish stories...and so on, Repeat cycle until bubble blow off top is attained!
oh god the market goes up a few hundred points. what's so special about that? another time it will go down a few hundred points.
I like this kind of thinking. You must get a lot of credit card offers, i know i do. Apply for everyone of them and get cash advances to buy stocks! It's a lock!
That would depend on your cash advance interest rate, most are 18-20%........but thats not a problem in this hot market, I will surely make double that by year end, Greenspan wants to go out on top.
it would be funny.. except I personally know of 2 people who did this... one who keeps buying worthless low float stocks in an attempt to "surely double (his) investment".. and the other who did this to "invest in high quality condo flipping" oh man.. this will all end badly one day.... question is, is it tomorrow? or 10 years from now...guess the history books will tell us...
institutions 37 --- hedgies 16 wow------hedges scored a TD last night {kept the 1248 breakout area from holding until the morning}. The oil profits from yesterday were put to work last night--------jammed the futures for a TD. still the third quarter