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Date: 25 Jan 2009 02:35:01
From: RGP Loner
Subject: 7 reasons the market is not going up any time soon.
"It aint' over 'til it's over." And that ain't now.

I have used this expression all too often in the past few months -- a
reaction to the oversupply of market optimists who have abandoned reason
and what they learned in third-grade math.

The way I see it, the economy is in worse shape than people think,
earnings will be worse than expected, and the stock market is not heading
up any time soon.

Here are seven reasons why you'd be a fool to think differently (click on
each item for a more complete analysis):

1. The housing crisis isn't over.

2. The next mortgage tsunami.

3. Credit markets remain frozen.

4. The banks are falling apart.

5. The consumer has stopped spending.

6. IT spending is flat and falling.

7. The government is grasping at air.

Any one of these points should be enough to make investors cautious, but
taken together they add up to some very bad news for markets across the
globe.

Stupid is as Stupid does....

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Date: 25 Jan 2009 16:18:55
From: MZB
Subject: Re: 7 reasons the market is not going up any time soon.
I've read all your posts. You make some very good points. A lot will depend
on how the Obama adm. deals with these very real problems.

Frankly, I see the next great crisis as Credit Card Debt. Folks have been
spending too much via credit cards at ridiculous rates. As unemployment
increases, it will put people over the edge. I hope I'm wrong.

I do think a lot of the problems are already factored in to the stock
prices. I have been cautiously buying.

Mel
"RGP Loner" <taushaestenson@aol.com > wrote in message
news:lrrt46xejn.ln2@recgroups.com...
> "It aint' over 'til it's over." And that ain't now.
>
> I have used this expression all too often in the past few months -- a
> reaction to the oversupply of market optimists who have abandoned reason
> and what they learned in third-grade math.
>
> The way I see it, the economy is in worse shape than people think,
> earnings will be worse than expected, and the stock market is not heading
> up any time soon.
>
> Here are seven reasons why you'd be a fool to think differently (click on
> each item for a more complete analysis):
>
> 1. The housing crisis isn't over.
>
> 2. The next mortgage tsunami.
>
> 3. Credit markets remain frozen.
>
> 4. The banks are falling apart.
>
> 5. The consumer has stopped spending.
>
> 6. IT spending is flat and falling.
>
> 7. The government is grasping at air.
>
> Any one of these points should be enough to make investors cautious, but
> taken together they add up to some very bad news for markets across the
> globe.
>
> Stupid is as Stupid does....
>
> ______________________________________________________________________
> * kill-files, watch-lists, favorites, and more.. www.recgroups.com
>




  
Date: 26 Jan 2009 05:33:59
From: mo_charles
Subject: Re: 7 reasons the market is not going up any time soon.
> > 7. The government is grasping at air.
>
> I've read all your posts. You make some very good points. A lot will depend
> on how the Obama adm. deals with these very real problems.

when did obama promise to turn the lights off?

mo_charles

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Date: 25 Jan 2009 15:24:10
From: Susan
Subject: Re: 7 reasons the market is not going up any time soon.

"MZB" <moo@noway.prudigy.net > wrote in message
news:3H4fl.17737$B_1.2223@newsfe01.iad...
> I've read all your posts. You make some very good points. A lot will
> depend on how the Obama adm. deals with these very real problems.
>
> Frankly, I see the next great crisis as Credit Card Debt. Folks have been
> spending too much via credit cards at ridiculous rates. As unemployment
> increases, it will put people over the edge. I hope I'm wrong.
>
> I do think a lot of the problems are already factored in to the stock
> prices. I have been cautiously buying.
>
> Mel

My daughter has had only one credit card for years.

If she didn't pay it off every month, she paid at least double the minimum
payment. Never paid late.

The rate was 12%. She just got a letter saying they were raising her rate
to 18% she called and asked why, and was told that was the minimum rate they
were giving now.




   
Date: 25 Jan 2009 16:32:16
From: MZB
Subject: Re: 7 reasons the market is not going up any time soon.
Yes. This problem has gotten relatively little publicity.

Mel
"Susan" <sdbratt48@netscape.net > wrote in message
news:UL4fl.149649$H12.93553@newsfe12.iad...
>
> "MZB" <moo@noway.prudigy.net> wrote in message
> news:3H4fl.17737$B_1.2223@newsfe01.iad...
>> I've read all your posts. You make some very good points. A lot will
>> depend on how the Obama adm. deals with these very real problems.
>>
>> Frankly, I see the next great crisis as Credit Card Debt. Folks have been
>> spending too much via credit cards at ridiculous rates. As unemployment
>> increases, it will put people over the edge. I hope I'm wrong.
>>
>> I do think a lot of the problems are already factored in to the stock
>> prices. I have been cautiously buying.
>>
>> Mel
>
> My daughter has had only one credit card for years.
>
> If she didn't pay it off every month, she paid at least double the minimum
> payment. Never paid late.
>
> The rate was 12%. She just got a letter saying they were raising her rate
> to 18% she called and asked why, and was told that was the minimum rate
> they were giving now.
>
>




 
Date: 25 Jan 2009 08:55:49
From: da pickle
Subject: Re: 7 reasons the market is not going up any time soon.
"RGP Loner"

> "It aint' over 'til it's over." And that ain't now.
>
> I have used this expression all too often in the past few months -- a
> reaction to the oversupply of market optimists who have abandoned reason
> and what they learned in third-grade math.
>
> The way I see it, the economy is in worse shape than people think,
> earnings will be worse than expected, and the stock market is not heading
> up any time soon.
>
> Here are seven reasons why you'd be a fool to think differently (click on
> each item for a more complete analysis):
>
> 1. The housing crisis isn't over.
>
> 2. The next mortgage tsunami.
>
> 3. Credit markets remain frozen.
>
> 4. The banks are falling apart.
>
> 5. The consumer has stopped spending.
>
> 6. IT spending is flat and falling.
>
> 7. The government is grasping at air.
>
> Any one of these points should be enough to make investors cautious, but
> taken together they add up to some very bad news for markets across the
> globe.
>
> Stupid is as Stupid does....

At least seven. A magic number.