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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (130098)9/5/2008 10:39:07 PM
From: tyc:>  Read Replies (2) of 313022
 
CC You sure called it right on a stock I like. And in doing so you have explained much of the market decline to my satisfaction.

What has caused the decline ? The answer is "selling". And what is causing the selling ? Is it a decline in the fundamentals ? I don't think so ! People are selling because the market has declined and they want to avoid the possibility of future declines and the pain that goes with it. Isn't it the fall of prices that has already happened that is the prime cause of present selling ? Even professionals are getting out fearing that liquidity will dry up. Some of them MUST sell because of fund redemptions by people taking their assets to safer but barren dry land. Of course they can rationalise that the commodity bubble has burst.... (with copper still over $3 per lb )

Sure there may be further declines in price LOL ! I have never known a stock market yet that hasn't been subject to that risk. There will always be a declines in price even in the gold ! But how asinine to sell because prices have already declined. I've said it before and I say it again; the market is an ASS !

I see opportunity ! (The ideas in this posting are not original)
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