Informal Stock Market Poll

[davelj]

[quote=barnaby33]I wish I had access to my outlook email right now, its on my work machine. The email I got yesterday afternoon from our 401k fiduciary would set you straight. You see Davelj, you have a brain, most of the world does not. It has hope and a 401k. Those people literally can’t get out of the market, because the Bill Millers of the world won’t let them. [/quote]

I suppose you’re right. As I occasionally remind folks, “Hope is not an investment strategy.”

And speaking of Bill Miller, I noticed recently that his super-magical mutual fund, which was near the top of all equity mutual funds in performance for the previous 3,5, and 10 years as of year-end 2006… now is near the bottom for all three periods. Oh how the mighty have fallen. Actually there have been rumors that he’ll be canned shortly. God I hope so. One more bull market relic taken out to pasture.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[mercedes7]

It is truly amazing. The market is acting very, very stange these days. Today for example,the market started to sell off after the Fed held rates steady but there was a short covering rally into the close because of the AIG situation. Despite the futures being up, I think we get a spike at the open tomorrow, followed by a sell off. It looks like there is a lot of day trading going on both long and short due to the incredible volatility, which of course just adds to the volatility. Did you happen to see the volume on the dow today…9.4+ billion shares…that has got to be a record. I personally think the market will go down {a lot}, but I see the catalyst being 3rd and 4th quarter earnings season. I agree with other posters, the average Joe just thinks that “stocks are a good long term investment”…”buy and hold”. Kinda reminds me of “real estate never goes down”. People just swallow what is fed them from the media…pretty sad.

[carlsbadworker]

I for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper.

[carlsbadworker]

I for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper.

[carlsbadworker]

I for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper.

[carlsbadworker]

I for one believe in “stocks are a good long term investment” + “buy and hold”. How long is the credit crunch going to last? 10 years? 20 years? For 30+ years, I couldn’t image that economy does not come back and become stronger than what it currently is.
I go off every day in the morning to create values for the economy, like billions other people around the world. How can the economy and overall stock market does not go up for long term… unless there is WWIII or something when people just kill each other off.
The best time to go into the market is when everybody is selling. And the best time to get out off the market is when everybody is buying. It applies to real estate, stock market, whatever. The dooms day forecasters have been with us for centuries, but human being always find a way to prosper.

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