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3xBuBu

04/19/08 1:47 PM

#18203 RE: daiello #18201

can not believe the market is so cheerful
while so many get a pink slip, especially not so good in Fin. sector,
#msg-28628647 looking for a pull back in DIA on Monday if there is no big surprise ER before open
BTW, thanks for your offer, how about I make you a mod if you bring your crews over LOL






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Paul123456

04/21/08 1:53 PM

#18326 RE: daiello #18201

I think that there will not be massive tankage any more, we'll have a sideways market for a long time, and its not going to recover because the baby boomer cituation is not going to go away and the fact that household debt to income is huge, will not help. However, compared to the P/E ratios of the nasdaq companies in the dot.com crash, the markets today have priced everything in, now its tottaly technical trading, so who ever is good at it will make the most. Oil will hit 125 then back down to 80, specially if no more significant rate cuts. No rate cuts, people move in to bonds for a nicer return specially as the credit cituation eases, and dump commodities. Simple.