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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (393078)	8/24/2009 11:19:00 AM
From: Activatecard	Read Replies (1) \| Respond to of 436258

FNM seems to bear out your theory. How high can it go. <G>

To: Real Man who wrote (393078)	8/24/2009 1:14:14 PM
From: Horgad	Respond to of 436258

Yeah but even when priced in inflated clown bucks earnings look pathetic. So how long can printing drive the stock market up if printing isn't also driving earnings up? At some point inflation or hyperinflation or not, that shit has to come back into alignment. What that means to me is that if everything but the dollar goes up, the indexes have to lag at some point until earning catch up. In a nutshell at some point, the indexes are not going to be a good inflation hedge...