Topic: Economy, what's left of
HEEEEEERRR IT IS. The economic story ive been waiting for. The setup...
" BOSTON (AP) -- Investors are finally inching back into the stock market. But are they too late?
While millions sought refuge in traditionally stable bonds over the past two years, they missed a more than 90 percent rally in stocks. Suddenly bonds don't look so safe, and some of the $11 trillion that Americans have parked in mutual funds is shifting back to stocks."
For the SCREWING you are about to receive, may you be truly thankful...
My previous prediction, Dow 14K-ish. Why 14k? Simple. Individual (and others) investors have hesitated getting in for the risk of another drop. The big guys that ran it up in '07 took it to 12K-ish and dumped it. It pays NOTHING to use their own money to pump it back up, only to dump it, they end up screwing each other over, and that aint how the game works.
They ALL win when you all get screwed.
Yes, bonds SUCK big time. Security in lending MONEY TO BANKRUPT ENTITIES???
Yes, I suppose theres a crap load of cash heading for Wall St and that money - in is JUST WHAT THEY'RE WAITING FOR.
Pump the Dow up to 14K or so and claim "recovery" just long enough for fools to buy into the scam - AND THEN CRASH IT AGAIN. They now know how much suckers money they can get out of it - 11T.
Is that worth their time? M'thinks so! Wont be MY money they get!