Discussion in 'Stock Market' started by hvactec, May 15, 2010.
It's never been a question of could it, but when ...
Really? it is already down 10% from the recent highs and after today it will be down 12% or more. The leading economic indicators are dropping as well. What do you think will hold stock prices up, magic?
This decline feels serious to me, but it is very common for stocks to drop 10%-20% in the course of a bull market. Just because stocks fall does not mean that it signals something bad.
The S&P 500 went up 75% from the lows in March, the Russell 2000 by 120%, yet there was nary a 10% correction in the market. THAT is unusual. A 12% decline is not.
However, like I said, it feels bad to me, though I don't know if that's because of the environment or if because of what we have gone through over the past three years. Sovereign debt crises are serious.
It will go down as much as Goldman Sachs wants it to. When their positions have paid off, the market will go up again. Goldman Sachs runs the show.
One bad report does not equal a collapse.
Between the 200 MA, Greece and dare I say it, Spain or Portugal admitting their problems I think we are going to see some rough times. I am waiting for Spain or Portugal to hit the wall. I expect to be able to buy in at a DJI avg. of 8200 by July.
Absolutely! Another stock market crash in 2010 is a definite possibility.
Many hedge fund managers have "de-risked" their portfolios over the last month, some even moving 100% into cash to wait out the Greece fiasco and other Eurozone issues.
I'm not saying it will crash, but just saying don't be surprised if it happens. Therefore, you should take the appropriate actions you deem necessary to avoid getting creamed.
The stock market runs on cash and cash is being pulled out of the market.
The only non-casino returns from the stock market are dividends, dividends suck at this price level.
Dividend growth is another fundamental value that too sucks.
Book value of net assets is another measure. Stocks are generally selling above book value/share that sucks
This list could be extended by four or five times so I think the proper question is what is keeping the stock market valuations up at these nose bleed levels?
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