Re: More Happy Cheer
yalanand
6/3/2012 9:31:43 AM
Today's drop may just be the start of a larger decline.
@PredictableChaos, I totally agree with you. Compared to Europe and emerging markets, US markets have not corrected that much. If the weakness in Europe continues we might see even bigger drops in US markets.
Re: More Happy Cheer
tokyogai
6/3/2012 9:29:49 AM
At some point it will have to end as the debt mounts. They just will not make any hard choices until after the election.
Re: More Happy Cheer
yalanand
6/3/2012 9:27:21 AM
That could mean some sort of economic stimulus.
@tokyogai, Is there any end to economic stimulus ? Do you think government will continue pumping in money and keeping the stock markets artifically higher ? Is there any end to it ?
Re : Big Blows to the Market Optimists
yalanand
6/3/2012 9:23:55 AM
But if that $10 bet is leveraged 25-to-1, I can lose $250 and have my entire net worth wiped out overnight.
@Scott, true 25-to-1 is very very risky. Earlier I used to do lot of leveraged trade in currencies and commodities. I thought it was the best way to make some quick bucks, but eventually I lost heavily and stopped leveraged trade completely.
Re: More Happy Cheer
tokyogai
6/2/2012 11:55:40 PM
I think polititians do things in their own self interest. That could mean some sort of economic stimulus.
I agree tokyogai, election years' tend to affect the market more than usual, or is it that people pay more attention to the market in an eleciton year?
Re: More Happy Cheer
tokyogai
6/2/2012 10:20:09 AM
While I agree that there is more to come, I am still not a full fledged bear. We might get a little good news- it is an election year after all.
...and they're saying that Greece will be out of the Eurozone within a month, which however long anticipated, will still be a shock.
Man, those derivatives numbers are scary. It feels like we're dancing on the edge of a global volcano.
Today's drop may just be the start of a larger decline.
I think the market is still giving too much credit to the last round of banking bailouts. Soon, when that becomes apparent, I expect larger pull-backs. And when the China slowdown works its way through the rest of the system...watch out. And on that uplifting note,
have a great weekend everyone!
PC
@scott, no apology for the post, my tracking system started to pop up some 52-weeks low alert after 6-month's silence. It will be a good time for true value investors.
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