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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (49616)	5/4/2009 5:22:53 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 219671

Dip, yes I expect a good one .. Message 25618703 Still agnostic on what it will mean.. AND Fed has an amazing opportunity here.. BUT using history as a guide does not convince me they will do the right thing :O( Here is another chart.. the-privateer.com This puts into context also that despite this amazing rally we are still in the depths.. Consumer sales... I looked up these this morning .. SZK/SCC ... If J6P has found savings religion.. they may not be best shorts.. BUT :O) Maybe it's good that most stimulus hits Wall Street and not mainstreet.. less opiates for the masses ... continued belt tightening and fiscal responsibility required.. Expected gold to continue down into June... Got that one wrong 'again' ... not short... waiting to buy :O) TBS

To: energyplay who wrote (49616)	5/4/2009 5:37:53 PM
From: Night Trader	Read Replies (2) \| Respond to of 219671

There are a lot of funds with money on the sidelines who don't want to get left behind and that may be a factor. If we pass the highs reached early in the year during the recovery after the November decline (around 930) a lot more money will come in for this reason and that should be the local maximum. Certainly stocks are no longer cheap, just reasonable on a very LT basis with better valuations for some of the "quality" companies (as in the VIG ETF). GMO puts fair value (average margins and PEs) for the S&P at 900 as does Shiller's CAPE method.