The Stockmarket
Discussion
I should know better but here goes:
Invested nicely, gains in last week as per the general market and gains today so far
Merkel saying the right things and so are the bankers (the big ones that have a spine)
I predict
the market will overall show a gain until 9/12 when it will either go higher or bomb and if it does go higher I predict it will bomb soon after as we are in deep sh!t and no amount of veneer will hide it short term
Thoughts on taking gains to 9/12 then pulling out to re-enter lower please (dont take the piss Im being serious)
Invested nicely, gains in last week as per the general market and gains today so far
Merkel saying the right things and so are the bankers (the big ones that have a spine)
I predict
the market will overall show a gain until 9/12 when it will either go higher or bomb and if it does go higher I predict it will bomb soon after as we are in deep sh!t and no amount of veneer will hide it short termThoughts on taking gains to 9/12 then pulling out to re-enter lower please (dont take the piss Im being serious)
DSLiverpool said:
Big Euro leader meeting with path decision on Euro strategy - should make the market happy for a day or so
What if what they say doesn't make the market happy?What if the market is ALREADY assuming good news?
We have just had one of the strongest 5 days runs in HISTORY. (Top 5 since 1950.)
If I were you, I would recognise that I was INCREDIBLY lucky and BANK IT.
Since the summer I've given up trying to reason this market. If it hits 5800, it's definite short until of course another initiative that drives the market up for a day. At some point it's going to go and go back to at least 5000.
Honestly if it goes to 5750 I'm short but before then not a hope as it hurts too much watching it senselessly tick up. The market in real terms should be 5000
Honestly if it goes to 5750 I'm short but before then not a hope as it hurts too much watching it senselessly tick up. The market in real terms should be 5000
Mermaid said:
Apart from the short effect bazooka's, what is the next big catalyst for stocks to move up?
Check out how indices have performed since 2000.
Only thing left is euro equivalent of TARP and QE.Check out how indices have performed since 2000.
Personally I don't think that's coming. Merkel was pretty clear today that she wants wants the PIIGS to start delivering....which ain't gonna happen.
I think we'll test the lows again maybe not until the New Year though.
t year for investing....Shorting on the otherhand 
edging higher to the 9th then a dump on the day.. buy the rumour sell the news..
as mentioned austerity does not equal growth... there is in effect fiscal union already, no ecb purchases for indolent governments and market discipline for those who think they can carry on as usual..
So what will the 9th achieve!? Nothing unless the ECB starts monetisation.
IMO
as mentioned austerity does not equal growth... there is in effect fiscal union already, no ecb purchases for indolent governments and market discipline for those who think they can carry on as usual..
So what will the 9th achieve!? Nothing unless the ECB starts monetisation.
IMO
No one can say and there will be ups and downs, but it looks to me more like the end of 2008 than 2007 as lots of the stocks seem to turning. I wouldn't really bother about that particular date.
Btw, I do stay away from the news mainly for my own sanity, if not welfare, it's a very depressing circus of politicians and bankers.
Btw, I do stay away from the news mainly for my own sanity, if not welfare, it's a very depressing circus of politicians and bankers.
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