Monday, November 06, 2006
Razorlight: America
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The Bull is back.
that will continue for the next 5+ years
Nasdaq : 3000
Dow: 15000
S&P: 1800
Thats how its going to be.
Investors who lost money in the 2000-2002 bear market will soon be gone and replaced with a new era or investors who are willing to take risks and bid stocks up again. New money=new pumpers and new bubble.
Companies are generating more cash than ever and the economy is historically strong. Oil & gas prices are cratering. MIddle east is very stable. New president. Middle class in more debt than ever. Rates are stable.Decrease in unemployment. This is all very good for the markets.
Sicne we are in one the greatest bull markets corrections will only last one day.
The nasdaq, dow, and S&P may be down on friday but on monday the money guys will BID IT BACK UP
AND BID IT UP ON TUESDAY AS WELL
TILL A NEW HIGH IS REACHED
Thats the cycle. Three steps forward-one step back. New highs ever week/2 weeks.
3 days of rally. One day for selling.
S&P 500 will set a new high in 3 month. Easily. No brainer.
that will continue for the next 5+ years
Nasdaq : 3000
Dow: 15000
S&P: 1800
Thats how its going to be.
Investors who lost money in the 2000-2002 bear market will soon be gone and replaced with a new era or investors who are willing to take risks and bid stocks up again. New money=new pumpers and new bubble.
Companies are generating more cash than ever and the economy is historically strong. Oil & gas prices are cratering. MIddle east is very stable. New president. Middle class in more debt than ever. Rates are stable.Decrease in unemployment. This is all very good for the markets.
Sicne we are in one the greatest bull markets corrections will only last one day.
The nasdaq, dow, and S&P may be down on friday but on monday the money guys will BID IT BACK UP
AND BID IT UP ON TUESDAY AS WELL
TILL A NEW HIGH IS REACHED
Thats the cycle. Three steps forward-one step back. New highs ever week/2 weeks.
3 days of rally. One day for selling.
S&P 500 will set a new high in 3 month. Easily. No brainer.
What does everyone think about REV , i got in at .89 thinking it was a classic turnaround story with a great brand anyone would love to have, insiders have bought a ton. im up over 50% ..am i greedy here..it continues to bleed money but hey I can totally see this thing going private if they can get their act together.
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