History in the making on US markets

[subtona]

Originally Posted by Puffy

Regulators are now hugely involved in most industries to keep an eye on things. All this helps mitigate systemic risk of the kind that led to the 2008 credit crunch

Wasnt bernie madoff part of that oversight?

Certainly sensible to diversify, but it seems for the individual investor, the deck is truly stacked against, by the time all the cherry picking is done, there are crumbs left on the table.

Also appears inevitable that the middle class is destined to become extinct in both EU & USA in this next generation unless radical reform is created?

The bottom line cuts deep in this new world and the playing field is grossly undermined on one side....

Just my humble observations.

[eman1200]

Originally Posted by The Joker

I see guys at work, pouring over their portfolios on the computer, checking the share prices every 2 seconds. .....

hey, stop looking over my cube wall!!


jk, but I do check the market several times throughout the day. gotta check up on the 10's of dollars I'm making.

[SohAIS]

Puffy:

what do you think this will do to metal prices in the short term

Originally Posted by Puffy

short term indicators are pointing south because Uncle Ben is making up his mind whether to shop for more printer cartridges on Amazon

when he's confirmed his printer is going to spit out cheap cash until Q114, it's all going to go mental again

these down days are great for bargain hunting

[SohAIS]

Agreed! Middle class is the one that will get crushed when its all said and done. That is if there is any Middle class left in America

Originally Posted by subtona

Wasnt bernie madoff part of that oversight?

Certainly sensible to diversify, but it seems for the individual investor, the deck is truly stacked against, by the time all the cherry picking is done, there are crumbs left on the table.

Also appears inevitable that the middle class is destined to become extinct in both EU & USA in this next generation unless radical reform is created?

The bottom line cuts deep in this new world and the playing field is grossly undermined on one side....

Just my humble observations.

[JasoninDenver]

I got one word to contribute to this thread...

Plastics.

[Puffy]

Originally Posted by sohail

Puffy:

what do you think this will do to metal prices in the short term

as a hedge i've moved some money to base metals. you'll see GOLD has stabilised around the 1378-1400 level while indices are quite a bit lower.

GOLD may get to 1500 but there's a lot of selling pressure at that level as people want to dump at breakeven or even at a small loss, myself including, before it takes the ride down to 1100

we need china's PMI out tomorrow to see where metal is headed in the short/mid term

being mostly long equities makes most sense

see the AMEX GOLD BUGS index over 1, 3 and 5 years as well as 1 and 3 months and YTD. the trends and targets are down

[SohAIS]

looks like gold is going to go down much more

[00pumpkin]

Stocks and bonds have been crushed the past 2 days after the FOMC.

[SohAIS]

Gold has taken a plunge after the FOMC also. Mr. Bernanke did not announce he is stopping QE tomorrow. Not sure why everything is going down.

[gmh1013]

Markets are rigged and I stay out
At least in Vegas I get free drinks and have a shot at winning!

[kieselguhr]

Originally Posted by gmh1013

Markets are rigged and I stay out
At least in Vegas I get free drinks and have a shot at winning!

It can be fun
Just don't be blowing away yesterdays paycheck after a couple free drinks

[jhilly8982]

Market is propped up by the fed. Bernanke did say they will proceed with the tapering later this year which triggered the sell-off.

Gold is heavily manipulated plus the CME group raised their trading margin on the contract by 25%. Which means either put up more money or liquidate your position.

[MilgaussMan1]

yesterday on bloom they said buy oracle spread 36-38 sept calls lol...

tanked afterhours

[SohAIS]

I wouldn't buy anything they announce to general public on the radio or TV

Originally Posted by MilgaussMan1

yesterday on bloom they said buy oracle spread 36-38 sept calls lol...

tanked afterhours

[Runnin' Rebel]

I'm bumbing this thread cause it's interesting and to see who was on point

[Puffy]

2 years since I posted this and we are, as my crystal predicted, at new all time highs on the indices, marking the 6th birthday of this bull run.

15000 on the DJ 2 years ago and we are going to hammer through 18000 very soon.

This is 20% higher than where we were only a moment ago.

And we will hit much higher highs. S&P is a good barometer of current state and where we will be going.

Some key takeaways:

- Eurozone QE is only a few days into a large 60bn/month programme
- US is only firing on 2 out of 6 cylinders and can weather a rate hike or two easily
- valuations are not stretched by historical P/Es
- The Chinese are looking towards Europe for growth and snapping up classic heritage brands that can be used to send their own to Western markets, and vice versa
- energy at multi-decade lows

We are still living in a world where buying the dips is what any sensible long investor is doing, and buying quality goods at discounted prices.

Essentially plenty more to come here for the picky value and growth investor.

Personally I stay out of momo stocks and focus on value, strong balance sheets (not necessarily debt free), a management that knows what it's doing and a mix of sectors that can handle a rate increase and the sh!t hitting the fan for a few quarters.

What has everyone else been up to?

Also... Gold did take that ride down to 1100 and way below it...

Originally Posted by Runnin' Rebel

I'm bumbing this thread cause it's interesting and to see who was on point

Originally Posted by Puffy

GOLD may get to 1500 but there's a lot of selling pressure at that level as people want to dump at breakeven or even at a small loss, myself including, before it takes the ride down to 1100