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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: lifeisgood who wrote (14452)8/22/2008 2:21:22 PM
From: Smiling Bob  Respond to of 19257
 
As long as the big picture hasn't changed, they all will be sucker's rallys.
Everyday, this mkt is being played to convince buyers today is the day you must get in if you want to be as smart as the guys on CNBS. Every day it gets out of hand, there's always a solution in store the next. Yet nothing has changed. Credit mkt will be frozen for some time to come and consumers will be hurting for at least 2-3 years.

CPI is more like 15-20% the past two years. And there's MUCH more to come. The freight costs and raw mat'l costs, having been absorbed for too long, have only just started to be passed on.