Well it looks like the market is on its way to its 3rd straight triple digit loss.
Is this simply a correction like the one we saw in February or is the market trneding towards a long term downturn?
It seems to me at soem point consumer confidence and consumer spending will ahve to fall due to all the gas and housing worries.
People can't continue to artifially inflate the economy by spending money they don't have right?
Is the Bull Market Over?
June 7th, 2007 at 04:16 pm
June 7th, 2007 at 04:22 pm 1181233344
I'm afraid people will always continue to spend money they don't have because credit cards make it so easy.
Actually, I think the economy is pretty healthy.
June 7th, 2007 at 05:20 pm 1181236831
June 8th, 2007 at 12:13 am 1181261583
June 8th, 2007 at 01:42 am 1181266942
I think it is a long overdue correction. Since I'm not retiring for 20 more years, I'm not concerned.
June 8th, 2007 at 12:39 pm 1181306352
June 8th, 2007 at 01:51 pm 1181310663
June 8th, 2007 at 07:26 pm 1181330774
Basically, "people" are overbuying at an enormous rate and then there is a big "sell off" to correct the overbuy. What has been amazing to me is that correction doesn't last. There is another "buying feast" that immediately follows the correction.
Honestly, "I don't know the reason". The stock market has been totally on its own ride lately!
June 9th, 2007 at 09:30 pm 1181424630
June 10th, 2007 at 01:22 am 1181438530
June 10th, 2007 at 12:39 pm 1181479196