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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.38+0.1%Nov 12 4:00 PM EST

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To: GROUND ZERO™ who wrote (8983)8/23/2010 3:13:27 PM
From: Gary105  Read Replies (3) of 218739
 
I hope you are right but I think the surprise will be on the downside. Right now there is a big disconnect between wall st and main st. Just by treading water as it has done during the summer is equivalent to a rally when compared to deteriorating economic conditions. Another factor keeping stocks afloat is low interest rates which influences the discount rates in determining the present value of future cash flows (= the value of an asset such as stocks).
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