You're wrong Knightz, things are getting better fast.
You ignore the fact most companies are surprising on the upside and many don't even feel the recession (VZ, PSFT, IBM, MFST, GE, EDS, oils, defence, medical, drugs).
The highly valued ones like EMC may also deserve to be there. SO many years of excellent growth and still we know the business is going to be there. This thing can turn around quickly then make up for lost time fast. Within six months or even less. Do you want to be the one shorting and not taking advantage of the chance to be buying at the bottom? What if the stock you're shorting now trades 100% higher in six months? Wouldn't you kick yourself?
You're at least a minority perspective now. Pessimistic and looking for more reasons to be pessimistic. Ignoring the positives. American is not a pessimistic country. And the world's wealth flows through this country. We have trillions we need to invest somewhere. What do you invest in besides shorting? And do you ever invest long-term like most people who can't day-trade and watch screens?
Where would you put your money if you were the average investor with $200,000 in an IRA? Or $2,000,000 and you don't mind some risk? My portfolio for the second case would include something like EMC. And all of these people are putting their money back into stocks now. Gradually.
Anyway, just don't be so negative all the time. That's not a realistic perspective anymore. People invest in hope, value and strength, and there's still plenty of that around, esp in recovery plays. And remember all investments are in the future not the past. Never look back. And all these quarterly reports are looking back. |
