I would like to invest in commodities, but I truly believe I am too late for that boat. I am just going to sit around and watch my small fortune go to nothing. Maybe I should just spend it, since I am still an undergraduate.
there are significant systemic problems in the dollar that aren't going to go away. the fed just can't do much. if anything, them doing this much shows the market that even they are admitting, publicly, that there are significant systemic problems. i don't see commodities going down.
How many more hours/minutes before Benny announces a 1% easing in short rates to avert the St. Patrick's Day Massacre? Hell, maybe he should just cut to the chase and make the rates negative already - they're gonna charge YOU interest to keep your munny in the bank!
Act based on the numbers, not the noise. The US large cap (S&P 500) is cheaper on a valuation basis than it was in September 2002. Ironically in that quarter most money was going into principal protection funds at the bottom of the market. On the contrary, energy prices and commodity prices are at completely unsustainable levels. Demand only grew by 1.4% the last three years for oil demand and in the long run oil demand does have some elasticity. I would reduce exposure to commodity/energy areas and increase exposure to large US companies and further that tilt towards financials and less towards energy. Cheers!
lol why? Another "sky is falling day" for the liberals, yet oil is down and the dow is in positive territory as I type this.
If you have a small fortune as an undergrad by all means save it. You are already ahead of most people that at a relatively young age you are saving and in the market. When I was an undergrad, and I suspect most things haven't changed since the early 90's I was dealing with student load debt and any cash that didn't go to paying for school went to buying beer and the occasional burrito. You've got a lot of time and a bear market is actually good for you since you don't have to get your money out to fund retirment. Take advantage of some of the bargains on the market.
1) Dow will probably close near, or in positive territory by the end of the year 2) What's the over/under that BSC will close in the green by the end of the day? LOLOLOLOLOLOL
These are the end of times. Let's head for glynch's Y2K bunker immediately. To the bunker! Sincerely, pgabriel
Because it's not the end of the world. This "guy" is from "Canada", so we should proceed with caution. I think technicians make up new words each day to define the market, I think it's part of their jobs. But "in the long run" the s&p's less than its intrinsic value, and it's not like the multiples are insanely high, how much far will they contract? And the DOWS up in positive territory!!!!! WOO HOO!(it's actually down .06%) Does it really freaking matter if its up or down today? ---------------------------------------------------------- 'Rolling bottom' seen for U.S. equities Posted: March 14, 2008, 2:49 PM by Jonathan Ratner Market Call Want to know why the U.S. Federal Reserve is always “behind the curve?” It’s because it waits for evidence before taking action and there is a lag in the release of economic data, says Octagon Capital’s Leon Tuey. Statements like “This time it’s different” and “The Fed has lost control” are heard every time we reach the peak of a financial crisis and the coinciding market bottom, the technical analyst said in a research note. “Clearly, gripped by fear, the Chicken Littles have completely forgotten the Fed’s mandate ‐– a legal mandate to maintain orderly growth and price stability,” he added. So while both “recession” and “bear market” may be the consensus these days, Mr. Tuey says a “rolling bottom” has already begun. “Mark our words, the U.S. economy will start to recover later this year,” he said, noting that money supply is growing thanks to Fed chairman Ben Bernanke and the steepening yield curve is signalling an economic recovery. It terms of valuations, Mr. Tuey considers the U.S. market “grossly undervalued.” Looking at supply and demand, investors of all sorts continue to sit on lots of cash as market sentiment remains pessimistic. So what does the analyst recommend? Selected technology stocks and financials. Commodity-related issues, but only when they become oversold, since they are overbought short-term (particularly the grains) and will likely consolidate. Silver, which has broken out of a 25-year base, as well as nickel, uranium and zinc, which are demonstrating signs of bottoming. And finally, natural gas, which is expected to rise to US$15 or higher now that it has broken through US$9. Jonathan Ratner http://network.nationalpost.com/np/.../14/rolling-bottom-seen-for-u-s-equities.aspx
UGH look dude, i didn't start the whole "look at what the dow is at right now" argument. so direct your ire at texxx tia secondly, its easy to argue when you put words in people's mouths ie, "its the end of the world" LOLOLOLOLOLOLOLOL
