InvestorsHub Logo
Followers 0
Posts 519
Boards Moderated 0
Alias Born 10/29/2008

Re: unevilfavouredness post# 12275

Monday, 06/01/2009 2:22:38 PM

Monday, June 01, 2009 2:22:38 PM

Post# of 24249


Hey Joshkocses,

I still think the second wave is going to hit. Option Arm's and Alt A's are just starting to reset now. Unfortunately there is alot more #$% to hit the fan. Short term the Dow might go higher but long term the Fed does not have the bullets to kill inflation. The current stock market rally IMO will be another bubble created by the Fed as would be savers are now pushed into the market because of low interest rates and a weakening dollar. I still think long term this will be looked back on as a bear market rally. Also the DOW is trading at ridiculously high PE ratio's right now. Enjoy the ride while it lasts but let's be careful out there folk's. Gold and silver for the long haul IMO ( ;

Cheers,
D
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LODE News