to predict the future, we need to understand the past...
http://jsmineset.com/index.php/2009/...eral-equities/




to predict the future, we need to understand the past...
http://jsmineset.com/index.php/2009/...eral-equities/




and this guy says stocks will rally into this summer before they collapse:
"NYMO has a coil formation, higher lows each time market sells off, this formation should eventually break out to the upside, which is inline with my current forecast for a high in early July for the markets." :
http://3.bp.blogspot.com/_1I-w9Gxl9m...ng+bullish.gif
and his blog:
http://marketvisions.blogspot.com/





The 'smart money' will probably tell you that the current market is in about the same place as the 'great depression' market graph was in the spring of 1931 ! We're down almost 50% from recent market highs despite some significang bear market rallies ... but with each rally failing to a 'new low' ... and with a whole bunch of additional downside being a distinct possibility.
The same 'smart money' will probably tell you that the three true reasons for this most recent bear market rally are A. a change in FASB which now allows banks and corporations to escape having to book 'mark to market' losses on MBS / derivatives contracts ( which still represent the same risks of loss but basically no longer have to be accounted for), B. large financial institutions / hedge funds etc. trading shares amongst themselves in order to pump up prices of shares they have been holding for a while (in hopes of 'distribution' to individual investors at a profit), and C. the US gov't / taxpayer providing extremely low cost capital to SOME SELECT companies which the FED / congress has decided to bail out (creating very favorable interest rate spreads / resulting profits).
As to personally profiting from bear market rallies, timing is everything !!!
~
Last edited by Melonie; 04-19-2009 at 05:31 AM.
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