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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (94995)3/6/2009 7:03:51 AM
From: Haim R. Branisteanu12 Recommendations  Read Replies (8) | Respond to of 116555
 
my take is that the Obama administration is in favor of a strong decline in the stock market now.

The reasoning behind is that from a very low level the market will recover and what was 10% gain at 14,000 would be 30% gain at current levels.

J6P will be lured into believing that Obama fiscal policies is what made the stock market rally 30% from his low and he will sell this crap to every one. The gullible US electorate will buy this BS and non-sense

As it evolves now is that the Obama administration is the worst administration since Jimmy Carter and could be worst than his



To: westpacific who wrote (94995)3/6/2009 7:54:29 AM
From: Secret_Agent_Man  Respond to of 116555
 
wow



To: westpacific who wrote (94995)3/6/2009 9:41:18 AM
From: micdundee2  Respond to of 116555
 
"1000 point a day crashes"

that is what it would take to be considered a crash IMO because 300-500 point moves are ordinary in this fraudmarket

i think 'no bounce'... straight down, or sideways down, jane and joe sixpack are out and only helicopter benny is buying

BWTFDIK



To: westpacific who wrote (94995)3/6/2009 1:05:03 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
I think the BKX may go lower than historically this time (relative to the DOW) because... this time it actually *is* different. The biggest banks in the US are being nationalized. I think that makes conclusions drawn from historical trends suspect because the game is not the same. It certainly cannot be ignored, however.