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Re: ash111 post# 20399

Sunday, 02/07/2016 9:30:25 AM

Sunday, February 07, 2016 9:30:25 AM

Post# of 39190
It may get a break from the bludgeoning on Monday, but the market's getting exactly what it deserves and will bleed much more unless oil bounces and turns it around. It seems to be the only factor able to do that at this point. Market is and has been overvalued for a long time, earnings are generally abysmal, share buybacks are at record highs, economy is not doing as well as the talking heads would like everyone to believe, world economies doing even worse, so what's going to save it, other than either a significant move up in oil or speculative $$$ moving into the energy sector