:baby::baby:

Hossy...keep Andy out of this.

Oh, my apologies, sir … investing in dooryarders is VERY high-risk


But good luck nonetheless :D

This summer could turn out to be one of those great buying opportunities.


Jus throwin' it out there…

Based on what?

It seems like the market has been stuck in this range between this 9700-10400 forever.
What's the positive news that going to make it breakthrough this level?

Weren't taking any prisoners on The Street last Friday

Rollercoaster ride sure to continue



No place for the faint-of-heart now




But time is on our side.

Economic expansion down the road



The relentless accumulation of shares continues... :cool:

The Herbert Hoover of the board on so many levels.

Just keep those hedge trimmers sharp, randy

The banks are FINALLY admitting/unwinding some of the steep losses they have been hiding. Probably gonna rattle the market for the short term. Ya might be able to pick off BAC in the single digits again soon.

Market is basically range bound now. Probably will go test the 9600 area in The Dow. If that holds will probably head back to 10,400. If it does crack 9600 and stays below there could get real ugly.

The main problem is the banks. They are still in bad shape, which leads them to not lending to the consumer (without consumer spending economy isnt goin anywhere), and not lending to the small businessman. Until they open up and start acting like banks again, economy isnt goin anywhere.

The government never put any incentive for a bank to make business loans even when they were forcing tarp money down everyone's throat. If anything, they continue to hinder small business loans with excess capital requirements and loan loss reserves. Obama has tried to help but this congress really doesn't understand business (as if any do).

So your choices really are a.) Lend unsecured to small business and and risk not only default but also getting railed by the regulators.

or

B). Taking no risks and getting yield only on consumer stuff that is paying pretty nicely with the cost of funds at basically zero.

What would you do?

If the government wants to control banking, they have to facilitate some form of risk in order for there to be growth.

Wow … who let those bulls out of the pen today?


Still think it's a good time to be scooping up shares.

Planning to add that Vanguard Diversified Emerging Markets Index Fund (VEIEX) to the portfolio sometime in the near future, by the way.



Hate to say it … but I'm afraid those petrified by fear (like math and randy) may be falling even further behind…

Get those rally caps on, boys :D :$:

Thought you'd be chirping. Look at the correlation to dollar weakness and your rally. It is nominal only. But if it makes you feel better. Cheers

Not a bad little July in the books, randall

I see some are now predicting Dow 13k as early as next year

Wouldn't that be special :$:

Some rough economic news comes out this week ... yet that broad market index still manages to post a nice (1.8%) weekly gain.


Hmmmmmm



Hell, forget about what I told you guys on 7/13 … just listen to what the market said this week …




GET BACK IN …





NOW :$:

Problem is, this is starting to look like a lot of other summers when there is very low volume and the market rallies. Lets be serious, there is absolutely no fundamental reason why the mkt bounced so much in July/early Aug. Fridays payroll report showed that. The market is going up on no volume. In the past when this has happened, the volume has returned after labor day and they clobbered the market. I hope I am wrong and the dow goes to 15k, but when the real trading starts again in Sept, it might get very ugly. Low volume rallies are known to fail miserably.

You tell 'em,Petey.

:tro:

Keep catching that knife dumbasses.


http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

The Dow looks like it is approaching a key level this morning. Gonna open below 10k. There is a New Home sales number coming out this morning which will be critical...and if it is anything like yesterday's home sales numbers it will be very ugly.

Hoping Smooth Operator put a halt to his accumulation of stock the last few weeks. August is turning out to be very ugly. The market can only disregard what's really going on in the country for so long before it has to react. That's what you are seeing now. Plus the market rally in July was on little volume....that usually tends to be a bad side.