You Think US Stock Market Headed Upside: Are You Sure? »
Posted By WikiMap 5 months, 2 weeks ago in NewsThe world stock markets dropped significantly on friday of the news that the UK bond market credit rating drop from AAA. The UK stock market dropped nearly 3% and the Dow Jones was down significantly before pairing losses to 1.5% at the close. Why?
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canadianrancher575 months, 2 weeks ago
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I have always been bearish and maybe that has been a bad thing over the years since there have been some great opportunities in the past few decades but I have always questioned the reason for the rebounds in the economies affected by the slowdowns, it seems that most times the recovery is based on government intervention of some sort and this makes the fundamentals seem not an important factor. When I look at todays situation once again I have seen the governments of the world trying to solve this crisis by flooding economies with cash to put a footing under the economy but the basic fundamentals remain unchanged.
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I may be way off on this, but part of this rally might be due to people trying to regain the money they have lost in the last 9 months or so. There are many financial advisors out there that are really pushing people to get in now or they will miss the most important part of the move, as for myself, I'm on the sidelines right now and have no intention of buying stocks until there is a change in the whole global picture.-
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simonsez5 months, 2 weeks ago
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In 2001 -2001, I took a big hit on the internet bubble. I decided at that point that I would only invest in energy companies and utilities with the rational that in the event of financial Armageddon, we would still need gas and electricity the next day.
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In spite of the hit in the market, I am still on the positive side with some improvement here in the last few weeks. The larger energy companies provide good dividends that seem to be relatively secure.
Four of my stocks are Canadian and have done pretty well. I will stay with them.
I believe this is a very conservative approach and would recommend it to others ...
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lloydm655 months, 2 weeks ago
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All these ups,and downs are nothing more than bear market rallies,the next bull market is way down the road,but not this road.We must stop and look both ways,then make a u-turn,and go back, find the fork in the road again,and this time take the right fork in the road.The left fork leads straight to socialism hell.
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Hallucinations5 months, 2 weeks ago
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Probably seems odd at this time. But if the trends continue do think maybe there will be a global currency on the horizon. Well maybe not a global currency but say maybe three global currencies. I really think its possible. The Euro is an example. What do you guys think? This just kind of jumped out at me as I read that.
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tchef5 months, 2 weeks ago
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Now is a good time to buy, there are some real bargains out there. Lot's of good stable stocks that are down because everything else is. One example is GE They are into everything. There is no way this company is going away anytime soon. I bought it a few months ago when it was at $6 a share and now it's over $12.
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lloydm655 months, 2 weeks ago
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I may not be the brightest apple on the tree,The U K credit rating are indicative of where we're headed Obama has said I have spent all your money,and I can't tell you where.I know where several billion went,instead of letting chrysler take chapter eleven we pour billions,and for what to pay the union workers their high dollar pay while they weren,'t building cars.Now this week G M has run up on a dead line,are we going to stick to our guns.I think not they'll tell of a pipe they had,and if we could get one more infusion of tax payer money we can make it,and if my aunt had ba!!s she'd be my uncle.
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