Alien Tech, amazing! I had some - not all - of the thoughts you have
posted. And I dismissed my thoughts as paranoid. You and I don't publish our opinions in the media. The guys that do, or who get quoted, are the investment pros. So, besides SI, that's all the opinions we get to read and hear. These guys NEED volatility, so
they can sell near the highs and buy near the lows and then do it
over again.
So some of those who didn't buy Monday (because the market was
shut down), and didn't expect such a strong reversal on Tuesday
(so they didn't buy again), want another dip. I saw one pro
quoted as saying there was NOT ENOUGH FEAR among investors.
I think some - not all - of this is orchestrated. You and I don't
make public opinion, but the institutions DO influence it.
Nobody here even mentioned foreign stock markets a month ago.
And now everybody monitors the HK market at night. Why should
we mimic the HK market, with all the positives you listed for
the US.
Yeah, the big boys aren't finished buying!
GM
BTW, Vector Vest values the DJIA at about 8700 now. If you
believe that, then the DOW is NOT overvalued. Even if company
fundamentals stay the same, the value of the 30 DJIA stocks
combined can increase if inflation and interest rates decrease. |
