What say the stock market bears now?

[TheBreeze]

What’s the consensus on this site? Are piggs still bearish? Is the end of the world still at hand?

I remember reading a while back that the total value of the U.S. stock market was $10 trillion. This was when the DJIA was somewhere between 10K and 13K. So, it would appear that today’s rally would make sense if you assume that every 1K in the DJIA is ~$1 trillion. That is, it would make sense for the DJIA to go up 500 points (or approximately $500 billion) if the Fed is going to give the banks $500 billion in cash.

What’ll be interesting to see is what happens next. If the DJIA should go up another 1000 points from here, and the dollar can maintain it’s value, then I would have to at least think about giving Geithner and Bernanke some credit as it would appear (at least to me) that there is some multiplier affect on the actions announced today.

However, if the dollar index should start to decline, or if the market stays flat or declines, then I’ll go back to thinking that Bernanke and Geithner are just ripping the American taxpayers off to help out their cronies.

What are the piggs doing off this rally? Shorting more? Buying? Buying more ammo? Still waiting for the DJIA to get below 6K so you can go all in? I’ve continued to dollar-cost average, but it hasn’t been easy watching my portfolio decline in value for over a year now.

[scaredyclassic]

bear market rallies are normal. i doubt it’s over. I’ve kept 15% in prudentbear since the meltdown last summer, cash and gold. i’d move a bit more to prudentbear if we hit 9,000.

[scaredyclassic]

bear market rallies are normal. i doubt it’s over. I’ve kept 15% in prudentbear since the meltdown last summer, cash and gold. i’d move a bit more to prudentbear if we hit 9,000.

[scaredyclassic]

bear market rallies are normal. i doubt it’s over. I’ve kept 15% in prudentbear since the meltdown last summer, cash and gold. i’d move a bit more to prudentbear if we hit 9,000.

[scaredyclassic]

bear market rallies are normal. i doubt it’s over. I’ve kept 15% in prudentbear since the meltdown last summer, cash and gold. i’d move a bit more to prudentbear if we hit 9,000.

[scaredyclassic]

bear market rallies are normal. i doubt it’s over. I’ve kept 15% in prudentbear since the meltdown last summer, cash and gold. i’d move a bit more to prudentbear if we hit 9,000.

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[temeculaguy]

Well I’m kinda pissed at myself for pussing out on a two week double my money stock buy that I mentioned in another thread, now I feel I missed the boat on my pics. About two weeks ago I threw out a entertainment fund scenario where I was going to buy 1k each of six stocks and backstop them as soon as they doubled. I found what I thought were some oversold names that got beat up for no reason or were so cheap but I felt they would survive even if they were priced to go bankrupt. Ford, harley, costco, ge, phillip morris, and citi.

I solicited lots of opinions, both here and in my real world, I read some views from experts, thought about it and eventually just held tight with the cash. I don’t even need to tell you what happened, it is exactly what happens when I dont trust myself, happens every time. We are never going to get to guns and canned food time, ignoring fundamentals like 3x p/e ratios is exactly why I deserve what I got, nuttin. Ge, harley, ford and citi have already doubled, costco is up about 20% and phillip morris is up a bit.

But that 6k made about two bucks sitting in my money market fund these two weeks, so I got that going for me, which is nice.

I guess I can take solace in the fact that I would have taken that 5k I would have made and thrown it away on sin and hedonistic pursuits next weekend on my annual boys trip, and who needs that. Let’s see, I would have paid the 1500 in taxes and then spent the other 3500 partying, drinking $100 bottles of wine, smoking $20 cigars, and probably ending up in some bordello with four porn stars at the same time. Then when I die, I’ll go to hell and regret the whole thing or at least pretend to regret it. Maybe I’ll take my two bucks in interest and donate it to charity, then I’ll feel like a better person, yeah right!!

[TheBreeze]

I hope you have better luck on your trips than I do. I always depart, sober, with a reasonable spending plan … and it always ends the same way. I’m awoken the next day with a hangover by the fraud prevention department of some financial institution: “Did you authorize the purchase of two bottles of liquor for $300 that you can normally get at Ralph’s for $10 each?” or some other ridiculous thing/things.

I guess it’s the audacity of hope that keeps me coming back for more (or maybe its that one special stripper who I know for sure in my drunken, self-deluded state will go home with me if I just buy enough lap dances).

[TheBreeze]

I hope you have better luck on your trips than I do. I always depart, sober, with a reasonable spending plan … and it always ends the same way. I’m awoken the next day with a hangover by the fraud prevention department of some financial institution: “Did you authorize the purchase of two bottles of liquor for $300 that you can normally get at Ralph’s for $10 each?” or some other ridiculous thing/things.

I guess it’s the audacity of hope that keeps me coming back for more (or maybe its that one special stripper who I know for sure in my drunken, self-deluded state will go home with me if I just buy enough lap dances).

[TheBreeze]

I hope you have better luck on your trips than I do. I always depart, sober, with a reasonable spending plan … and it always ends the same way. I’m awoken the next day with a hangover by the fraud prevention department of some financial institution: “Did you authorize the purchase of two bottles of liquor for $300 that you can normally get at Ralph’s for $10 each?” or some other ridiculous thing/things.

I guess it’s the audacity of hope that keeps me coming back for more (or maybe its that one special stripper who I know for sure in my drunken, self-deluded state will go home with me if I just buy enough lap dances).

[TheBreeze]

I hope you have better luck on your trips than I do. I always depart, sober, with a reasonable spending plan … and it always ends the same way. I’m awoken the next day with a hangover by the fraud prevention department of some financial institution: “Did you authorize the purchase of two bottles of liquor for $300 that you can normally get at Ralph’s for $10 each?” or some other ridiculous thing/things.

I guess it’s the audacity of hope that keeps me coming back for more (or maybe its that one special stripper who I know for sure in my drunken, self-deluded state will go home with me if I just buy enough lap dances).

[Author]

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