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Stock market researcher, investor
  • Another big day for stocks [Edit or Delete]0 comments
    Jun 28, 2011 12:21 PM
    The dow is up yet ANOTHER 110 points like it's effortless. This is the end of year rally, except a few months early. Mitt Romney is leading in the polls. Wall st. likes this because he will bend over backwards to China, continuing the same pro-growth policies as George W. Bush. No pullout of Iraq and wealth gap at levels not seen since the Great Depression, but this is sustainable. There is no double dip, no China problems, no debt default.
    Treasuries are falling only slightly despite this huge rally, as I predicted would happen

    If unemployment rises this Friday stocks will go up because job loss is  good for the economy when you have a fed that is obsessed with unemployment as Bernanke apparently is.

    Further good news:  personal consumption numbers

    Obvious v shaped recovery. Similar v shaped pattens exist for exports, profits & earnings.

    What about the debt dealine? OMG can't repay debt then we must default!! Sell Sell Sell!!!
    Wrong. Stocks are surging yet again today so I guess that tells you how (un)important this story is

    We're still in the smartist era pf web 2.0, globalism, consumerism, and spendism. We need to make the pie higher, make the highways of the internet more few. I recommend Family Dollar Stock (FDO) because families is where our nation find hope, where wings take dream.

    It's funny reading the paper about job loss and debt knowing that those things don't matter. Let the fools sell & hold always wins. Wall st. always wins. Stocks are a great investment.

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