Stock market rally - anyone in on this?

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beatnic

In the words of a popular market guru/news guy/analyst - This will end badly!

insomnniapb

beatnic:

In the words of a popular market guru/news guy/analyst - This will end badly!

I tend to agree. Hopefully not though!

raisindot

If you haven't gptten into it by now, don't bother. P/E multiples on many stocks are way too high. We're going to start seeing drops in consumer and industrial spending as furloughed federal and state workers join the unemployment rolls and Big Defense stops developing and manufacturing expensive new weapons and lays off workers. Meanwhile the market will become increasingly volatile as those betting on growth with be competing with hedge funds who will be shorting stocks. I'd get out of any stock in a sector that depends on cyclical spending, like construction, defense and technology, and get into defensive industries like pharmacies, low-cost retailers, firearms, liquor and fast food.

phobicsquirrel

It's almost way too artificial. This will end badly, remember wallstreet is up to the old tricks of yesterday.

phobicsquirrel

raisindot:

If you haven't gptten into it by now, don't bother. P/E multiples on many stocks are way too high. We're going to start seeing drops in consumer and industrial spending as furloughed federal and state workers join the unemployment rolls and Big Defense stops developing and manufacturing expensive new weapons and lays off workers. Meanwhile the market will become increasingly volatile as those betting on growth with be competing with hedge funds who will be shorting stocks. I'd get out of any stock in a sector that depends on cyclical spending, like construction, defense and technology, and get into defensive industries like pharmacies, low-cost retailers, firearms, liquor and fast food.

I should have put money into the firearms/bullet industry years ago. I should have known better... Always when a dem is in office!

fla-gypsy

Long term diversified portfolios always make money and weather the cyclical nature of the market. Trying to "play" the market is always a loser.

xmacro

Amos Umwhat

phobicsquirrel:

It's almost way too artificial. This will end badly, remember wallstreet is up to the old tricks of yesterday.

No need to fear, a Bailout is near.....:/

raisindot

xmacro:

raisindot:

If you haven't gptten into it by now, don't bother. P/E multiples on many stocks are way too high. Hell, since 2009, the market's increased by 110%

Sir, with all due respect, if you're going to quote me, please quote what I actually SAID. I didn't say ANYTHING about the market increasing by 110% in my post.

raisindot

phobicsquirrel:

raisindot:

If you haven't gptten into it by now, don't bother. P/E multiples on many stocks are way too high. We're going to start seeing drops in consumer and industrial spending as furloughed federal and state workers join the unemployment rolls and Big Defense stops developing and manufacturing expensive new weapons and lays off workers. Meanwhile the market will become increasingly volatile as those betting on growth with be competing with hedge funds who will be shorting stocks. I'd get out of any stock in a sector that depends on cyclical spending, like construction, defense and technology, and get into defensive industries like pharmacies, low-cost retailers, firearms, liquor and fast food.

I should have put money into the firearms/bullet industry years ago. I should have known better... Always when a dem is in office!

As much as I hate guns in general, I agree with you. In terms of pure mercenary investing, I really should have loaded up on firearms and ammunition stocks right after the Virginia Tech shootings. My guess is that the market has probably priced these at their peak right now.

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jgibv

xmacro

webmost

jgibv

Big T smokes

I wanna learnz stocks n stuff