Citibank / citi personal wealth mgmt advisors
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So in general you're bearish about future earnings growth and feel that there is alot of money that has left the markets and will never come back (either 'scared money' or just plain vanished due to deleveraging of the consumer). You also thought today would happen because you're naturally inclined to be a contrarian? Honestly, those are not bad assumptions. I could see an argument for that.Everyone talks about the money on the sidelines ready to go in. Maybe that money is being used as a replacement for the Lines of credits that people used to use. I , and probably most investors , have some $ on the sides that will never invest. The mkt rallyed on a BS gdp number and for the most part the earnings have only be good because the bonehead analyst numbers were too low. There was over 1 trillion dollars spent using credit cards and helocs which is GONE for good that $ will never go back into the economy. This is a different world. When you see the mkt rally only because the dollar is going down the tubes that is not a great sign. P/E ratios are too high( especially when the E aint coming back to it’s old levels. But most of all I thought the mkt would go down because everysingle person on CNBC or bloomberg says to buy the dips. The masses are always wrong. Just a gut feeling
[quote=meletio]Everyone talks about the money on the sidelines ready to go in. Maybe that money is being used as a replacement for the Lines of credits that people used to use. I , and probably most investors , have some $ on the sides that will never invest. The mkt rallyed on a BS gdp number and for the most part the earnings have only be good because the bonehead analyst numbers were too low. There was over 1 trillion dollars spent using credit cards and helocs which is GONE for good that $ will never go back into the economy. This is a different world. When you see the mkt rally only because the dollar is going down the tubes that is not a great sign. P/E ratios are too high( especially when the E aint coming back to it’s old levels. But most of all I thought the mkt would go down because everysingle person on CNBC or bloomberg says to buy the dips. The masses are always wrong. Just a gut feeling
So in general you’re bearish about future earnings growth and feel that there is alot of money that has left the markets and will never come back (either ‘scared money’ or just plain vanished due to deleveraging of the consumer). You also thought today would happen because you’re naturally inclined to be a contrarian?
Honestly, those are not bad assumptions. I could see an argument for that.[/quote]
Doesn’t change you being a crook, like all of your broker buddies.
I think permabear is a bad influence on our little meletio.
Or meletio has split personalities. Meletio, do you have any gaps in your memory from today?Hahaha....sorry, didn't switch over my profile location from when I was at my summer cottage. I'm 103 years old for Christ's sake. I'm lucky to get this auto-computation machine working.Me a split personality…you are a Walmart employed daytrader who lives in Ireland
[quote=permabear] [quote=LSUAlum] [quote=meletio]Everyone talks about the money on the sidelines ready to go in. Maybe that money is being used as a replacement for the Lines of credits that people used to use. I , and probably most investors , have some $ on the sides that will never invest. The mkt rallyed on a BS gdp number and for the most part the earnings have only be good because the bonehead analyst numbers were too low. There was over 1 trillion dollars spent using credit cards and helocs which is GONE for good that $ will never go back into the economy. This is a different world. When you see the mkt rally only because the dollar is going down the tubes that is not a great sign. P/E ratios are too high( especially when the E aint coming back to it’s old levels. But most of all I thought the mkt would go down because everysingle person on CNBC or bloomberg says to buy the dips. The masses are always wrong. Just a gut feeling [/quote]
So in general you're bearish about future earnings growth and feel that there is alot of money that has left the markets and will never come back (either 'scared money' or just plain vanished due to deleveraging of the consumer). You also thought today would happen because you're naturally inclined to be a contrarian?
Honestly, those are not bad assumptions. I could see an argument for that.[/quote]
Doesn't change you being a crook, like all of your broker buddies. [/quote] Nor does it change the fact that you are an idiot.
Why are you editing your posts?
Also, I'm surprised that no one has used the phrase "rip off your head and sh!t down your neck" yet in this thread.
Wow, it’s getting ugly in the market. Looks like that 20% crash call was right on the money.
So you predicted a crash, markt so far is up 3/4% and you say that you were right anyway?Maybe a little early, but if you have a brain can’t you tell that with three different positive economic numbers and good numbers from ford and the mkt can’t hold it’s gains tells me the mkt is getting a little tired. I know now you are supposed to come back with some type of response where you call me gay or talk about my mom. Or another one of your immature post
Actually Bama scares me more than the market too. LSU should be able to play with them, but I have more faith in Saban than Miles so I'm concerned.to be honest with you , what really scares me more than the mkt is saturday at 3:00
go Bama