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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Riskmgmt who wrote (63342)2/4/2007 2:33:57 PM
From: maceng2  Read Replies (1) of 116555
 
You are a lone voice here, with a point of view contrary to the majority

Excuse me? The conventional wisdom amongst the many is "buy stocks now and don't be the greater fool".... at the moment.

example

Bottom line: The latest all-time high in the DJTA should mean we'll see more money from the retail investor finding its way into the stock market in coming weeks and months.

marketoracle.co.uk

There are more news feeds plugging that all is wonderful, buy stocks now, then there are adverts for buying M/S Vista. Wanted to play the internet radio a few minutes ago, all I got was crapola for Vista. Won't be using Windows Media Player for a while I guess.

I have Google news hits for search "stocks bullish outlook" 467 hits.

I have Google news hits for search "stocks bearish outlook" 232 hits.

That data is just a solid as anything coming out the BLS.

The word at the beginning of the year was we were expecting a correction at the end of February /early March give or take a few weeks. Just another guesstimate I suppose. If it was going to happen though you would expect to hear the news feeds and the la de daa bullish comments as we are seeing.

Finally, if you think a post is worthwhile, suggest just click the "recommend this post" box at the end of each post. Otherwise the thread could get too overladen with back slapping "your post was just wonderful" commentary.

Just a note for future ref.
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