US has a Teflon market & economy?

Discussion in 'Trading' started by DisciplinedHedg, Mar 17, 2008.

  1. It fascinates me that for several months now foreign markets around the world have had 4-6% down days on fears of US economic weakness...

    ...and yet the US (ground freaking zero) itself can't even muster it's own 4% down day.

    Any explanation for it besides the continual devaluation of our dollar and thus asset inflation?
     
  2. S2007S

    S2007S

    Agree, you see international markets falling between 3-5% in a single day on news that a US company had to be bailed out, yet our markets open here and they are nearly up....
     
  3. the part that confuses me...

    lehman down 20%
    bear stearns down 90%
    citi down 5%
    wamu down 12%
    goldy down 6%
    fanny/freddy down 7-10%
    merril down 6%

    how can the market be flat?? where is the strength??

    if lehman was up 20%, bear up 90% etc, the dow would be up 1000 pts..
     
  4. It is a riddle, wrapped in a mystery, inside an enigma...

    ...and it is called the United States of America?
     
  5. Why is the market only down a little?

    BECAUSE WE'RE STILL IN A BULL MARKET

    The spooz NEVER closed below 1252. Until then it's still a bull market.

    Bull markets go up. Thats how they work. IN a bull market you buy the dips. You don't sell short.
     
  6. Daal

    Daal

    utilities, basic marterials, industrials, staples are all down less than 1%
     
  7. The US market is demonstrating its "confidence" and "hope" the Fed money pump can fix anything and everything.

    I believe it is a delusion which one day will be shattered.. but for now, confidence in the Fed is still a significant supportive influence.
     
  8. Thats why it is still a bull market. In bear market all those would be down a lot more.

    Dow 12500 and then 13000 soon
     
  9. core deflation?