|
PureBytes Links
Trading Reference Links
|
Maybe I'm naive but I just don't see why the market should skyrocket
higher, other than retail investor psychology. Here's my rationale for a
weak market...
o The same conditions that put us in this mess (global credit
crunch, declining earnings, collapsing foreign markets, etc) are
all still in place. Nothing has changed to warrent the optimism
that is bouying the market.
o A cut in interest rates won't bail us out. Low interest rates
are good for the economy but can only go down so far. Soon they
will presage a recession.
o Third quarter earnings have been surprisingly good but like
previous quarters, no great shakes.
I see more potential downside risk than upside profit.
- Hacker
---
Dark Hacker
| Fortress Of Computation
hacker@xxxxxxxxxxxxxxx | http://www.computation.com/pub/hacker/
Investment and Market Outlook:
http://www.computation.com/pub/hacker/Investment/index.html
Bishop Protein Analytics:
http://www.computation.com/pub/hacker/Bishop/index.html
____________________________________________________________________
"Building our future... one twisted freak at a time."
|