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.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (3649)5/7/2010 10:59:13 AM
From: DebtBomb1 Recommendation  Read Replies (1) | Respond to of 220900
 
It could be it. THINK....what would fool the most people?
THINK....like a criminal.
They have the public tricked into thinking everything is fixed and there's recovery.
This could be it.
Short term, the markets are very oversold....on the weekly - not so much.
It could happen quickly....or just slowly die....with typical bear market bounces along the way.
Who knows? No one knows.
I would load up though at Dow 3000 - 4000....IMO, that would be somewhat equivalent to the 1932 bottom, and this is worse, IMHO.
Actually, what's equivalent to the 1932 bottom is about 1800 Dow...if I remember right.
To me, this is a 1930 sucker rally. How did that one go down? After the 1930 sucker rally....the market tanked for two more years. That would put us into 2012. It could happen just like that. We're in the 2nd wave tsunami housing bust through 2011. And, by then, we may have lost our AAA rating. And....with peak oil and Cantarell probably toast....where will oil be? $400?
It could happen like that.
Or....like Iceland.
We'll find out.



To: Real Man who wrote (3649)5/7/2010 11:06:01 AM
From: ggersh1 Recommendation  Read Replies (1) | Respond to of 220900
 
"We'll keep crashing? Gulp! Is this it? SHTF many were expecting?"

Yesterday, conclusively told everyone with any real
knowledge of the market that HFT took over and was
the only reason for the rally. If it wasn't a crash
it was definitely a wake up call to WS that the
market is no longer about price discovery, which
in turn makes the market irrelevant. The S has HTF,
what we have now is "Da Nile"

The only positive thing that might have happened
today was Germany telling Greece to GFY. No what
happened instead was the G-7 getting lectured by
Timmy to exercise the Nuclear option.

We are screwed!



To: Real Man who wrote (3649)5/7/2010 11:18:50 AM
From: ggersh  Read Replies (1) | Respond to of 220900
 
Isn't this a wonderful thing, the Market has
come back!

Actually the most remarkable thing about
yesterday is today. not one story of a
firm blowing up



To: Real Man who wrote (3649)5/7/2010 11:19:13 AM
From: DebtBomb  Respond to of 220900
 
Remember too....soon our interest on our debt alone could put us into permanent negative GDP.
So........how does it go down?
It will be nasty, IMO.
I think....the PIIGS have to blow first, then the whole UK, then us.
I think it will take some time....like the period 1930-1932.
IMHO.
Two years?
We'll see.