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TheBreeze
ParticipantI’d say enjoy the rally while you can, and if you think that the worst is over, and that main street American Jane and Joe are gonna be OK, go ahead and stay long the market.
Will do.
Care to offer any specific advice today hipmatt or do you just want to speak in generalities about the past? Do you recommend buying MOO, GSG, XLE, and USO here?
ParticipantI’d say enjoy the rally while you can, and if you think that the worst is over, and that main street American Jane and Joe are gonna be OK, go ahead and stay long the market.
Will do.
Care to offer any specific advice today hipmatt or do you just want to speak in generalities about the past? Do you recommend buying MOO, GSG, XLE, and USO here?
ParticipantI’d say enjoy the rally while you can, and if you think that the worst is over, and that main street American Jane and Joe are gonna be OK, go ahead and stay long the market.
Will do.
Care to offer any specific advice today hipmatt or do you just want to speak in generalities about the past? Do you recommend buying MOO, GSG, XLE, and USO here?
ParticipantI’d say enjoy the rally while you can, and if you think that the worst is over, and that main street American Jane and Joe are gonna be OK, go ahead and stay long the market.
Will do.
Care to offer any specific advice today hipmatt or do you just want to speak in generalities about the past? Do you recommend buying MOO, GSG, XLE, and USO here?
ParticipantIs anyone shorting here? I would think today would be the day to do it. I agree that we are likely to see another leg down and I think it will come about because of the problems in Alt-A and Option ARMs.
However, I think that Bernanke has mostly saved the stock market at the expense of the dollar. Instead of making speculators bear the brunt of the housing bubble (and thus crashing the stock market), Bernanke has slashed interest rates, which has eroded the value of the dollar. Bernanke has in essence forced savers to take some of the pain.
I’m no longer expecting the market to go down big. It may test the low of 11,500 or so sometime again this year, but I don’t see it getting any lower than that.
ParticipantIs anyone shorting here? I would think today would be the day to do it. I agree that we are likely to see another leg down and I think it will come about because of the problems in Alt-A and Option ARMs.
However, I think that Bernanke has mostly saved the stock market at the expense of the dollar. Instead of making speculators bear the brunt of the housing bubble (and thus crashing the stock market), Bernanke has slashed interest rates, which has eroded the value of the dollar. Bernanke has in essence forced savers to take some of the pain.
I’m no longer expecting the market to go down big. It may test the low of 11,500 or so sometime again this year, but I don’t see it getting any lower than that.
ParticipantIs anyone shorting here? I would think today would be the day to do it. I agree that we are likely to see another leg down and I think it will come about because of the problems in Alt-A and Option ARMs.
However, I think that Bernanke has mostly saved the stock market at the expense of the dollar. Instead of making speculators bear the brunt of the housing bubble (and thus crashing the stock market), Bernanke has slashed interest rates, which has eroded the value of the dollar. Bernanke has in essence forced savers to take some of the pain.
I’m no longer expecting the market to go down big. It may test the low of 11,500 or so sometime again this year, but I don’t see it getting any lower than that.
ParticipantIs anyone shorting here? I would think today would be the day to do it. I agree that we are likely to see another leg down and I think it will come about because of the problems in Alt-A and Option ARMs.
However, I think that Bernanke has mostly saved the stock market at the expense of the dollar. Instead of making speculators bear the brunt of the housing bubble (and thus crashing the stock market), Bernanke has slashed interest rates, which has eroded the value of the dollar. Bernanke has in essence forced savers to take some of the pain.
I’m no longer expecting the market to go down big. It may test the low of 11,500 or so sometime again this year, but I don’t see it getting any lower than that.
ParticipantIs anyone shorting here? I would think today would be the day to do it. I agree that we are likely to see another leg down and I think it will come about because of the problems in Alt-A and Option ARMs.
However, I think that Bernanke has mostly saved the stock market at the expense of the dollar. Instead of making speculators bear the brunt of the housing bubble (and thus crashing the stock market), Bernanke has slashed interest rates, which has eroded the value of the dollar. Bernanke has in essence forced savers to take some of the pain.
I’m no longer expecting the market to go down big. It may test the low of 11,500 or so sometime again this year, but I don’t see it getting any lower than that.
April 13, 2008 at 3:23 PM in reply to: Small raise, adjusted for inflation, making less than last year #186158ParticipantI’m a consultant and my raises have generally been pretty good over the last few years … generally in the 10% to 15% range. No idea what I’ll be getting this year. I’ll be happy if I don’t lose my job.
I think those of us who manage to stay gainfully employed over the next 3 to 4 years are going to be fine. Housing prices should continue to come down, so just continuing to bring in that same level of income will buy you more house.
April 13, 2008 at 3:23 PM in reply to: Small raise, adjusted for inflation, making less than last year #186175ParticipantI’m a consultant and my raises have generally been pretty good over the last few years … generally in the 10% to 15% range. No idea what I’ll be getting this year. I’ll be happy if I don’t lose my job.
I think those of us who manage to stay gainfully employed over the next 3 to 4 years are going to be fine. Housing prices should continue to come down, so just continuing to bring in that same level of income will buy you more house.
April 13, 2008 at 3:23 PM in reply to: Small raise, adjusted for inflation, making less than last year #186204ParticipantI’m a consultant and my raises have generally been pretty good over the last few years … generally in the 10% to 15% range. No idea what I’ll be getting this year. I’ll be happy if I don’t lose my job.
I think those of us who manage to stay gainfully employed over the next 3 to 4 years are going to be fine. Housing prices should continue to come down, so just continuing to bring in that same level of income will buy you more house.
April 13, 2008 at 3:23 PM in reply to: Small raise, adjusted for inflation, making less than last year #186211ParticipantI’m a consultant and my raises have generally been pretty good over the last few years … generally in the 10% to 15% range. No idea what I’ll be getting this year. I’ll be happy if I don’t lose my job.
I think those of us who manage to stay gainfully employed over the next 3 to 4 years are going to be fine. Housing prices should continue to come down, so just continuing to bring in that same level of income will buy you more house.
April 13, 2008 at 3:23 PM in reply to: Small raise, adjusted for inflation, making less than last year #186214ParticipantI’m a consultant and my raises have generally been pretty good over the last few years … generally in the 10% to 15% range. No idea what I’ll be getting this year. I’ll be happy if I don’t lose my job.
I think those of us who manage to stay gainfully employed over the next 3 to 4 years are going to be fine. Housing prices should continue to come down, so just continuing to bring in that same level of income will buy you more house.
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