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 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Real Man who wrote (5204)	6/5/2010 8:50:52 AM
From: ggersh	Read Replies (1) of 219180

A few pundits are calling for a retest of the 87 high. Could it happen? Quite frankly I believe so. With what the Fed and WS have done makes it even more plausible. We've talked about derivatives and the monster that they are. Having all the debt we have in the world, and all the insurance on all that debt, how can we escape that reality? WS, financial engineering destroyed the market. It is no longer a function or even resembles what it was meant to be. Has all trust in the market been eroded? I feel that it has. Remember it took something like 40 years after the crash for people to start trusting the market again. FWIW, 2900-3000 is where it could go, IMO. That's based on a 80% pullback from the highs. A real crash! -ng- BWDIK!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next