Buy and Sell Signals, and Other Market Perspectives 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 : Buy and Sell Signals, and Other Market Perspectives

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ggersh who wrote (3130)	4/29/2010 10:17:47 AM
From: not_prudent	Read Replies (1) of 221965

It may be that all the cash that's been printed is finally trickling down to where it matters and the result is that the fundamentals of the economy are actually starting to improve. If the market really does act in anticipation of the economy (something I personally doubt) then I think the current upward drive makes sense. Six months or so ago things looked gloomy enough and the recovery so artificial that I was seriously thinking of selling everything and going on an all in short if the s&p hit 1000. Obviously I'm glad I didn't. In the parts of the US that I travel, I would say that attitudes have genuinely swung to the positive re. that things are getting better. Overtime is available, companies are hiring, and we personally have noticed not only a drop in job applications but a deterioration in the "quality" of the available labor pool. I guess what I am saying is that I am coming to the conclusion that this "bull" market may have stronger legs than I ever suspected and circumstances that would've justified a massive correction maybe have changed. The only negative is that prices are noticeably higher than what the government seems to report. IMO inflation is back and real but at an acceptable level so far. To sum it all up I would say that presently the rise in the general confidence level that I have observed trumps worries like inflation and the debt - at least for now. But I could be wrong.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next