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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (38432)7/3/2010 7:00:08 AM
From: anializer  Respond to of 78476
 
Well here's what 1982 looked like and the market finally got up a head of steam in mid August. So if this is 1982 all over again, there is significant pain to be felt before the sun shines again.

i49.tinypic.com



To: puborectalis who wrote (38432)7/3/2010 8:04:27 AM
From: Madharry  Respond to of 78476
 
No wonder the market dropped so much. Although I follow them only periodically i noticed that IBM MSFT and INTC all seemed to drop below levels I previously saw them being supported at. The financial were also quite weak. It seems to me that the heavy hitters are being cautions because they expect Q2 earnings to underperform, or they are experiencing large outflows in their funds. Now I wonder what the impact will on the expectation of long term tax going up from 2010 to 2011 on share prices. it cant be positive but i wonder how strong the negative impact will be. The baltic dry index dropped 40% in june. that just seems incredible to me. no wonder comnpanies like drys and egle are doing so poorly.