StockFetcher Forums · General Discussion · 7 reasons for market rally...<< 1 2 3 4 >>Post Follow-up
miketranz
716 posts
msg #72588
Ignore miketranz
3/12/2009 5:35:13 PM

1)Madoff is in jail 2)It's not supposed to rally 3)I'm not in it 4)Reversion to mean 5)Short sellers got caught with their pants down 6)Citi bank is now profitable 7)Obama says stocks are cheap.......

glgene
534 posts
msg #72590
Ignore glgene
3/12/2009 7:05:01 PM

#8 (GE AAA rating got dropped to AA)

glgene
534 posts
msg #72591
Ignore glgene
3/12/2009 7:06:04 PM

#9 (Unemployment got another big hit )

luc1grunt
622 posts
msg #72593
Ignore luc1grunt
3/12/2009 7:54:03 PM

media was feeding a line of pure negativity this morning before the bell. You could almost feel the resultant rally from the low.

stratigf
43 posts
msg #72596
Ignore stratigf
3/12/2009 8:32:47 PM

#10 foreclosures are rising

marine2
829 posts
msg #72608
Ignore marine2
3/13/2009 1:29:03 AM

Until companies stop laying off huge numbers, the housing market begins to climb up again, the banks show they are willing to lend fluidly again and there are people actually being hired again in larger numbers, then and only then we can say its truly time to enter the market and feel confident for middle to longer term investing.

luc1grunt
622 posts
msg #72609
Ignore luc1grunt
3/13/2009 6:31:29 AM

unemployment tends to lag.

miketranz
716 posts
msg #72615
Ignore miketranz
3/13/2009 9:09:58 AM

#11)Cramer says the bottoms in.#12)Obama says things are'nt that bad...

miketranz
716 posts
msg #72689
Ignore miketranz
3/13/2009 11:27:39 PM

#13,GM does not need the money.It would be a miracle if this stock is still listed on the NYSE twelve months from now....

marine2
829 posts
msg #72710
Ignore marine2
3/14/2009 3:14:29 PM

I am hoping that GM stages a rally that will make all you naysayers out there fall over from disbelief. You can't tell me you haven't thought about buying a few shares and hoping for a quick rise or a sudden reversal. Always know that GM is America, Toyota isn't, Honda isn't, Nissan isn't, Kia isn't, Mazda isn't, etc etc. Those foreign countries are using our people for their countries own prosperity. Our own country uses those same foreign companies US auto workers for taxation purposes and to get the pork they so need to make them, our politicians, wealthier, and keep their jobs.

Be loyal to your country and hope that GM gets through this pain that was created by our leaders of our land, Wall Street, the financial world, and yes our own countries auto companies bad business policies. If they do make a comeback I would love to see all you naysayers out there admit you shouldn't have been so hard on them but we know you won't because that's not in your character. Happy investing, and be loyal to your country.

StockFetcher Forums · General Discussion · 7 reasons for market rally...<< 1 2 3 4 >>Post Follow-up

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