Month End Rally Baby!!!!! End Of Q2 Next Month

Discussion in 'Trading' started by Aaron Copland, May 29, 2008.

  1. I'm betting on a strong June to close out Q2. But Q3 will be a bust as everyone figures out Obama is going to win.

    The wallstreet theives will run for cover like the pussys they are.
  2. Have more faith! Put on your rose-colored glasses instead of the gray ones. :cool:
  3. vince111


    you sound like fund manager or portfolio trader which is useless for daytraders or swing traders with time frame of days only.

  4. I'm not sure where the optimism comes from.

    It's obvious to everyone that inflation here and it's growing.
    Food and energy prices up every month.

    The comsumer is managing by inflating their credit card balances but they can't last forever.

    the Fed lowered its 2008 forecast for real GDP on Q4/Q4 basis from a range of 1.3 to 2.0 percent at the January meeting to a range of 0.3 to 1.2 percent.

    Headline PCE inflation for 2008 was revised from a range of 2.1 to 2.4 percent to a range of 3.1 to 3.4 percent.

    The 2008 Q4 forecast for the unemployment rate went from a range of 5.2 to 5.3 percent to a range of 5.5 to 5.7 percent.

    Yes stocks can go up during a recession but we've got some headwinds blowing.
  5. Why is it great when equity, labor rates (mainly your own) and housing prices inflate but nothing else? Inflation is good, higher rates and lower taxes coming. That is stimulative.
  6. Lower Tax Rates? Does Obama know about this??
  7. vince111


    you gain nothing. zero sum gain.

    reality is inflation has increased but wages have not. so it sucks.