Grabber/Post #13525
Steve,, I re-read that post,,,, I just wanted to say a few things again,,, it was in reply to my "where are we going?" post,,,, It's just been my gut since this crash,, but we've been over 10,000 Dow for awhile,,, when and are we going to make a run at 11,000 or 12,000 or higher in this bush- league booming economy? It's just my humble opinion but I see a test of the 7800 to 8000 range coming first,,, higher gas or terrorist and I believe we can take out Dow 7200,,,, I work around 30 white collar college educated people daily,, average age 53 or so,,,,virtually none of them is still in the market or investing in stocks anymore,, they have either stopped the money flow altogether or stopped the flow and pulled the money out,,the latter is far more the case,, I've seen 3 cancellations of retirement because of the market,, just my small world but that's what I'm hearing and seeing,,, remeber as the market falls every 1%,,, buy and holders need a 1.1% increase to get back to even,,,,,lots more fingers on the panic button this time I'm affraid,,,,, sure there's a boatload of cash on the side lines,, and those boomers aren't putting it in either,, the bear is winning steve, JMHO, Firebird
