Dow now up 55 points Slowing growth is the key. Rate cuts are assured. Tech still very strong. The golidilocks economy of low rates, steady growth, strong comsumer spending lives on. This simple formula will keep this bull market going for decades to come.
I hope you're not taking yourself seriously about that. I'm not pro GOOG, but it's not going below 500, thats for sure. This market needs a real correction to weed out all the garbage before it can be where it needs to be for everyone to come back to their senses. A part of me is happy this is happening so that all the weakness can be sifted out. This housing situation was as obvious as picking out a dog with a bunch of cats and all the fools who jumped in that bandwagon are getting what they deserve.
Slow growth is good. It may seem paradoxical but that is why so many shorts have failed for the past 5 years. They dont 'get' it. Repeat slow growth is good slow growth is good slow growth is good slow growth is good slow growth is good slow growth is good slow growth is good slow growth is good slow growth is good slow growth is good slow growth is good
EUR 1.50 to 1.60 easy... USD needs exports advantage from a low dollar. Oil $100 plus easy. But a recession is on the card, how can you stop the fear. Banks are tightening too much as they are loosing big. Fear is winning...
Excellent article http://communities.canada.com/natio...07/11/20/reasons-to-be-bullish-on-stocks.aspx