All it takes is for China to pull out of the U.S. market then we're screwed

 

FEDS CUT 1/2 POINT INTEREST RATE...!!!!!!!!!!!

Now let see what will happen..



BUY BUY BUY

SexyJeny

 

I hope this doesn't just enable more of the foolish borrowing that caused the liquidity crunch in the first place!

 

Ahhhh, if this doesn't prove who owns the government, I don't know what does. Nothing better than a nicely timed "gift" to stop the bleeding. I think Mr. Goodman put it best. Is this going to allow cooler heads to prevail or is it just allowing for the status quo?

 

[QUOTE=Ellen;216474]The simple reason why the market is going down is that there is no DEMAND. If there is no DEMAND for something (stock in any company) then the prices will fall to levels where people, investors, funds, etc., think it is a bargain.

Right now the market is skittery. Much of the gains made over the past 7 months have been wiped out to initial purchase levels. Technically the market looks for an even deeper correction, especially in the tech sector. The retrace could quite possibly be another year 2000 disaster. If unsure what to do, I would liquidate and remain CASH at this point (or wait for small bounce then bail). Stay in CASH until the market stabilizes (read into it several months).[QUOTE]

What in the world are you talking about and where do you get your info??? You said technically the market will go lower. We have been looking for a 10% correction for four years now. We finally got it. The market corrected to 10% off its high, hit the resistance level, and immediately bounced back, BIG TIME! You mentioned technology overpriced...it is at its historical average. I think you are reading a publication from 2001. You would be stupid to get out of the market and sit on cash. Even if the market does go lower, when would you get back in? After the market skyrockets? You are preaching buy high and sell low. That is the complete wrong thing to do. If you want to make money in this market, buy long term and buy quality. Can't think of any airline stocks that would fit into that category, but to each his own.

 

That is true, but the intereste rate that was lowered was the fed overnight rate, which banks borrow from the fed. That is an indication that a bank is in trouble when thay have to borrow from the Fed. The Fed rate, the rate which banks charge each other remained the same, 5.25%. When you hear about the fed raising or lowering rates, they are talking about the fed rate, which remained unchanged. This rate change will not have a big impact on the market. This change is indicating that there may be a future fed rate decrease. Some are thinking by the end of the year, and some are thinking that it will hold steady, but a rate increase is not expected for now. We will just wait and see the numbers to see what inflation is doing.

I agree with you though, BUY BUY BUY (good stocks though)

 

[QUOTE=beechbum;217014]I am NOT preaching Buy High and Sell Low. (Unless it's Buying or Selling PUTS-in that case you are correct)

(If you want to make money in the market buy Long Term and Buy Quality) Why not buy OR sell short term Volatility?

 

[QUOTE=Ellen;218159]I agree with your first statement, my point came across wrong that you were preaching that. What I meant was that if following that advice you mentioned earlier, buying high and selling low would be the outcome...I agree with your options statement.

As for short term trading...the odds are in the house's favor because short term trends can not be predicted...hindsight 20/20. Sure, occasionaly you may hit a homerun, but when it is all said and done, you will be in the red. Trading on short term trends are very similar to playing the inside in roulette.

 

What we really need to watch for is people posing as airline professionals who really aren't. Know what I mean, Jeny?????