OT: Stock Markets crashing globally --- safer betting...

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  • SBR_John
    SBR Posting Legend
    • 07-12-05
    • 16471

    #36
    I dont think we are in anything more than an over bought profit taking spot. With strong growth and low interest rates and inflation to go along with reasonable valuations, there doesnt seem like a lot of downside. But once selling starts like this it could take a while to run its course. I'm nibbling away on weakness. Doubt we see the Dow break 11,000 this year.
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #37
      SPY = 143.39

      3pts away from 52 week high
      Comment
      • ShamsWoof10
        SBR MVP
        • 11-15-06
        • 4827

        #38
        and the dow is back near 12,5 as well... inflation and the market is no exception.. It has much higher to go by the end of the year...
        Comment
        • Sam Odom
          SBR Aristocracy
          • 10-30-05
          • 58063

          #39
          Dow Ends Above 12,800 for First Time

          AP - The Dow Jones industrial average closed above 12,800 for the first time Wednesday, signaling Wall Street's recovery from its steep decline in February as investors rewarded companies with strong earnings.
          Comment
          • Sam Odom
            SBR Aristocracy
            • 10-30-05
            • 58063

            #40
            Originally posted by Sam Odom

            Buy SPY on Friday morning. My best bet this week.
            closed 147.70 NEW 52wk HIGH
            Comment
            • bigboydan
              SBR Aristocracy
              • 08-10-05
              • 55420

              #41
              Looks like the Dow Jones reached an all time high today.
              Comment
              • Sam Odom
                SBR Aristocracy
                • 10-30-05
                • 58063

                #42
                time to take a little profit - IMHO
                Comment
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