Sunny101
Confused about dryer sheets
- Joined
- Sep 24, 2007
- Messages
- 5
for a rally before Christmas. Thanks PS All thought wimsical or thoughtful much apprciated.
Sunny
Sunny
for a rally before Christmas. Thanks PS All thought wimsical or thoughtful much apprciated.
Sunny
All thought wimsical or thoughtful much apprciated.
Any hope of a rally before Christmas?
I tend to be in the camp that firmly believes the stock market will vary in price. However, I have been highly bullish for several years and still am. The "credit crunch" is an issue but it will get digested over the next few months. We may have a bank or two go under but I really don't think so. After that, we still have very high amounts of cash on the sidelines. The petrodollars need to be invested and right now the USA is "on sale." World growth is still strong.
The final bullish straw was cast on the camel's back this week. My SIL has informed DW that they have liquidated their stock holdings completely. Her husband is predicting a major price collapse. If they are typical of the investment community, we're about to turn the corner.
For your sake, I hope you are better at predicting stock movements than you are at crude oil.
Ha
I'm not saying a recession is inevitable, but if it happens, I just want everybody to promise not to blame the new democratic adminstration and the new higher tax rates. OK?
After consulting the oracle, throwing the bones, reading the tea leaves, and extensively calculating the relative positions of the sun, moon and stars, (also taking into account, of course, the prophecies of Nostrodamus)