SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: GREENLAW4-7 who wrote (120587)5/9/2009 7:05:34 AM
From: GREENLAW4-711 Recommendations  Read Replies (1) | Respond to of 206099
 
....Con't) How can this be, does anyoe actually believe this market is not being artificially propt up so these banks can suck more public money to blow through secondary's. What happened to the toxic assets, what happened to the slow down, what happened to unemployment, is 550K lost jobs (40K went to govt jobs from Obama) rally good, what happens to those mortgages when someone loses their Job?

My point is simple, this market has become what it was back in early 2000 which is why I have been treading very lightly. Back then it was trading on nothing but a wish and a prayer, today we are the same but far worse because some traders like myself rely on fundamentals as a back drop to positions. In this type of market fundamentals are meaningless. Are we on our way to waterfall event like we had in 2000, I think so but I do not have a clue when.

Good luck all

GL