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Old 03-05-2013, 07:18 PM  
BigRedChief BigRedChief is offline
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Dow Jones hits record all time high

http://www.pbs.org/newshour/bb/busin...ets_03-05.html

Corporate profits at an all time high. Corporate profits up 117% under Obama.
http://www.drudge.com/news/163559/co...-all-time-high

http://www.bloomberg.com/news/2013-0...ma-policy.html
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Old 03-05-2013, 08:06 PM   #16
La literatura La literatura is offline
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Originally Posted by petegz28 View Post
In other words you have no ****ing idea....thanks and please stick to your legal studies
All I know is there are a lot of traders who are wanting to buy.
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Old 03-05-2013, 08:06 PM   #17
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All I know is there are a lot of traders who are wanting to buy.
Yet you have no clue as to why
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Old 03-05-2013, 08:07 PM   #18
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Originally Posted by petegz28 View Post
Let's hear your take on why the market is doing so well..........

This
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Originally Posted by BigRedChief View Post

Corporate profits at an all time high. Corporate profits up 117% under Obama.
http://www.drudge.com/news/163559/co...-all-time-high

http://www.bloomberg.com/news/2013-0...ma-policy.html
Leads to this
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Originally Posted by BigRedChief View Post
Dow Jones hits record all time high

http://www.pbs.org/newshour/bb/busin...ets_03-05.html
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As long as Jesus Christ was the president of the US and approved of it Yes.
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Old 03-05-2013, 08:08 PM   #19
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This


Leads to this
Why are corporate porfits up so much? Quit parroting and lets hear some analysis.
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Old 03-05-2013, 08:10 PM   #20
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Originally Posted by petegz28 View Post
Yet you have no clue as to why
Feel free to explain why a trading gurus like yourself are eager to buy stocks.
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Old 03-05-2013, 08:12 PM   #21
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Originally Posted by La literatura View Post
Feel free to explain why a trading gurus like yourself are eager to buy stocks.
I myself am not very eager to buy stocks...in fact during this last month I have been in profit taking mode.
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Old 03-05-2013, 08:13 PM   #22
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Originally Posted by petegz28 View Post
Why are corporate porfits up so much? Quit parroting and lets hear some analysis.
Revenue has exceeded expenses. What the **** is it that you want?
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Old 03-05-2013, 08:14 PM   #23
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Originally Posted by petegz28 View Post
I myself am not very eager to buy stocks...in fact during this last month I have been in profit taking mode.
Feel free to explain why a trading gurus like yourself are eager to buy stocks.
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Old 03-05-2013, 08:15 PM   #24
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Originally Posted by cosmo20002 View Post
Revenue has exceeded expenses. What the **** is it that you want?
Fo you to explain to me what is driving the market up and not just parroting news headlines you understand nothing about and until today would otherwise be slamming the very people you are suddenly championing.
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Old 03-05-2013, 08:16 PM   #25
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Originally Posted by La literatura View Post
Feel free to explain why a trading gurus like yourself are eager to buy stocks.
Trading Gurus are not buying stocks. Get that through your head, for one.

"Traders" are selling to the buyers right now. So as the market is making new highs traders are selling at those highs to people who get all jizzy over headlines like the OP and run in and buy.
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Old 03-05-2013, 08:17 PM   #26
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Of course you're confused. Good luck!
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Old 03-05-2013, 08:22 PM   #27
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Originally Posted by petegz28 View Post
Trading Gurus are not buying stocks. Get that through your head, for one.

"Traders" are selling to the buyers right now. So as the market is making new highs traders are selling at those highs to people who get all jizzy over headlines like the OP and run in and buy.
No need to trip over yourself here. Traders are selling to other traders. Right now, there are a lot of buyers. They buy not because they're stupid, but because they know there's money in it.

You're financially retarded, so it's not surprising that you're predicting this is your high right now, so sell all your stock and come back later and let's see how you did.
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Old 03-05-2013, 08:22 PM   #28
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funny, it wasn't long ago the same libs were cursing the stock market in 2011 now its a sign of economic growth due to the success of wall street thanks to Obama.
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Old 03-05-2013, 08:23 PM   #29
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Originally Posted by La literatura View Post
Feel free to explain why a trading gurus like yourself are eager to buy stocks.
Pay attention, you might just learn something...

The stock market, in normal times a reliable proxy for an economyís health, reached record levels this week. And why not? Corporate profits are higher than ever. The housing market is springing back. Auto sales are on pace for the best year since 2007.

At the risk of sounding like party poopers, these arenít normal economic times and the stunning four-year rally, during which almost $10 trillion has been restored to U.S. equities, is both a welcome trend and a reason for worry. Individual investors who are tempted to join the party should take special care.

A rising stock market gives off a rosy glow, and not just because it makes investors richer. It enhances what economists call the wealth effect: When household worth goes up, consumers open their pocketbooks wider. The increase in demand for homes, cars and other big-ticket items in turn leads employers to hire, which lowers unemployment and further drives consumer confidence. Quarterly 401(k) statements reflect the robust stock market, keeping the virtuous cycle going.

Share price increases tend to feed on themselves because they coax more investors into buying. This is especially true of individual investors, many of whom steered clear of stocks after the 2008 financial crisis, and are now piling back in. In January, equity mutual funds, which cater to retail investors, registered an inflow of almost $38 billion, the highest amount in nine years, according to the Investment Company Institute, a trade group. The previous month, investors had pulled almost $31 billion out of these funds.

Illusory Market

Now for the warnings. A rising stock market can be an illusion. This one is soaring largely because other forces are at work (or not working at all) in the political economy. The most important is the failure of lawmakers to use fiscal policy to stimulate demand. The Federal Reserve has been forced to step in.

The central bankís aggressive bond-buying and record-low interest rates are forcing yield-hungry investors to buy stocks. At some point, the Fed will reverse course by selling assets and raising interest rates. In turn, that will give investors other options beyond stocks, potentially driving down share prices.

Then there are those booming corporate profits. They are less a reflection of a strong economy than an extremely weak job market. With unemployment at 7.9 percent, workers have little bargaining power, allowing companies to keep labor costs down and pass on more profits to shareholders. As a result, the share of corporate profits in the economy has reached new highs: At the end of 2011, after-tax profits stood at 11.7 percent of national income, the highest on record, going back to 1947.

At the same time, the share of labor income in the economy has been hovering around the lowest levels since the mid-1960s. This trend, too, could go into reverse if and when unemployment improves, putting workers in a better position to demand higher wages, crimping corporate profits and lowering share prices.

None of this is to say donít invest in stocks. Nor is it to say a bubble has formed, like the technology boom of the late 1990s and the housing-fueled run-up of the mid-2000s. The evidence may even point in the opposite direction on this score: The price-to-earnings ratio -- what it costs to buy a dollar of a companyís profit -- for stocks in the Standard & Poorís 500 Index is 16 percent below the level at the end of 2009.

The same goes for the Dow, which has more than doubled in four years, yet its valuation is 15 percent below the 20-year average. When adjusted for inflation, moreover, the Dow is still 9 percent below the previous all-time high hit on Oct. 9, 2007. In other words, stocks are still a bargain, historically speaking.

What we are saying is this: Arm yourself with the facts, some of which may be inconvenient to your stockbroker. Donít try to time the market by jumping in and back out when you think the peak has been hit. And by all means, imitate Warren Buffett and invest for the long term.

http://www.bloomberg.com/news/2013-0...vels-view.html
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Old 03-05-2013, 08:25 PM   #30
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Originally Posted by La literatura View Post
No need to trip over yourself here. Traders are selling to other traders. Right now, there are a lot of buyers. They buy not because they're stupid, but because they know there's money in it.

You're financially retarded, so it's not surprising that you're predicting this is your high right now, so sell all your stock and come back later and let's see how you did.
You're a ****ing clueless clown that has no idea of what he speaks. Two nights ago you were telling KC Native and I how you won't even read a chart and now you're going to tell me what Traders are doing???

On top of that you made 3 assumptions in your post that are factually wrong, but ok. Stick to your books.
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