Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: blazenzim	3/24/2008 10:47:45 AM
	Read Replies (3) of 116555

This rally is just getting started. Fear indicators were on par with 2003 lows. Hedge funds are caught very short and are scrambling to cover. They are net $300 billion short at least. Fear turning to greed. I predict new all-time highs in the major indices by 4th of July. The Fed has now unleashed a speculative beast that will be impossible to control. This is exactly what they wanted. Punish savers and force them into the stock market. Provide unlimited liquidity to broker/dealers who can run the markets higher and clean out the shorts. We'll see a return of IPO's soon focused on alternative energy, infrastructure and technology. We'll now see consumer confidence improve, an uptick in housing and a raising of the white flags by the bears who have overstayed their welcome. Time to buy China into the summer olympics. Don't be a permabear. The clouds are clearing and it's time to get aggressive on the long side.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next