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Strategies & Market Trends : BAK - Investing
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To: hdl who wrote (2645)5/13/2012 5:07:07 PM
From: normlasky1 Recommendation  Read Replies (2) of 3249
 
Re: JPM

"US households have much better balance sheets.

that is largely because of debts wiped out by foreclosure, bankruptcy, forgiveness."

Federal Reserve shows consumer debt including auto leases is down about 20% in relation to disposable personal income over last several years.

"it is hard (nearly impossible) in any market to make money day trading, swing trading."

I've been doing this since Lehman and have done well. Most of my trades I've held for short periods. It's easy to make money doing short term trading at djia 8000. Difficult at djia 13000.
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