[PraiseDoom]

$this->bbcode_second_pass_quote('emersonbiggins', 'G')otta gotta be the M3, bay-bee!

Biggest one-day jump in 5 years. Are these guys in touch with reality?

[billp]

Posted on the web was the speculation that China was tired of low yield treasuries and wanted high yield returns.

So the Chinese, I READ ON THE WEB, are to going to try to run up the DJ to about 36,000.

Any thoughts about this?

senior citizen techie writer.

[clueless]

$this->bbcode_second_pass_quote('billp', 'P')osted on the web was the speculation that China was tired of low yield treasuries and wanted high yield returns.

So the Chinese, I READ ON THE WEB, are to going to try to run up the DJ to about 36,000.

Any thoughts about this?

senior citizen techie writer.

[billp]

$this->bbcode_second_pass_quote('', 'H')e said China was going to reinvest 700 billion dollars into something else.

[Heineken]

All other avenues and byways of our culture have lost touch with reality, so why not also the stock market?

I think you'd have to be crazy to have any more than a very small percentage of your wealth "invested" in this colossal shell game.

I'm glad I'm out of it.

[Armageddon]

$this->bbcode_second_pass_quote('PraiseDoom', '')$this->bbcode_second_pass_quote('emersonbiggins', 'G')otta gotta be the M3, bay-bee!

Biggest one-day jump in 5 years. Are these guys in touch with reality?

[Micki]

Perhaps entering the crack-up boom????
$this->bbcode_second_pass_quote('', 'â')€˜This first stage of the inflationary process may last for many years. While it lasts, the prices of many goods and services are not yet adjusted to the altered money relation. There are still people in the country who have not yet become aware of the fact that they are confronted with a price revolution which will finally result in a considerable rise of all prices, although the extent of this rise will not be the same in the various commodities and services. These people still believe that prices one day will drop. Waiting for this day, they restrict their purchases and concomitantly increase their cash holdings. As long as such ideas are still held by public opinion, it is not yet too late for the government to abandon its inflationary policy.’
“But then, finally, the masses wake up. They become suddenly aware of the fact that inflation is a deliberate policy and will go on endlessly. A breakdown occurs. The crack-up boom appears. Everybody is anxious to swap his money against ‘real’ goods, no matter whether he needs them or not, no matter how much money he has to pay for them. Within a very short time, within a few weeks or even days, the things which were used as money are no longer used as media of exchange. They become scrap paper. Nobody wants to give away anything against them.

[mmasters]

My general strategy is:

1/3 gold
1/3 oil and oil services
1/3 eurobonds

up about 15% for the year

[coyote]

$this->bbcode_second_pass_quote('emersonbiggins', 'A')re these guys in touch with reality?

[KevO]

{thread merged by emersonbiggins}

problems? what problems?
despite 'high' gas prices and a stagnant housing market, Wal Mart and others have stronger sales. Everything is rosy.
proof once more that $10 gas would be accepted by Americans.
I mean what they going to do, riot?
I don't thnk so.

or is this a balloon, way past it's usual popping zone

B A N G ! ?

$this->bbcode_second_pass_quote('', 'T')he Dow Jones, America's main share index has closed at yet another record high, lifted by strong consumer sales and takeovers in the aluminium sector.

Bouncing back from Wednesday's falls, investors were cheered by strong June trading figures from Wal-Mart and some of the other main retailers.

Further boosted by a rise in the shares of aluminium giant Alcoa, the Dow Jones ended up more than 2% to over 13,800.

The Dow has achieved a string of record closing highs this year.

'Surprise figures'

Analysts said the upbeat June sales figures was enough to make investors at least temporarily forget the recent woes in the housing sector that saw shares fall sharply on Wednesday

[Zardoz]

A leap of faith for stocks

$this->bbcode_second_pass_quote('', 'T')he pessimistic view is that, after a 4 1/2 -year run, the bull market is on its last legs. These bearish investors say the outlook is increasingly dicey, as interest rates and oil prices climb.

What's more, the dollar is plunging against other currencies, suggesting that foreigners are losing their appetite for American securities.

Against that backdrop, big stock rallies are a dangerous sign, some analysts contend.

"It's certainly in the manic phase now," said Michael Metz, chief investment strategist at money manager Oppenheimer Holdings in New York.

The Dow is up 11.2% year to date after rising 16.3% last year. On Thursday, every one of the index's 30 stocks rose, a rare occurrence.

To optimists, the market is climbing the proverbial "wall of worry" — meaning it is overcoming bad news because of an inherent sense that none of the problems will be fatal for the economy or corporate earnings growth, which underpins stock prices.

[Lore]

We've moved well into the euphoria of the "dot com" era bubble. It's now being called the "global economic boom".

[sjn]

It was mentioned earlier about China seeking higher returns:
U.S. Urges China to Buy Mortgage Securities Amid Subprime Woes (Bloomberg.com)

[TheDude]

$this->bbcode_second_pass_quote('billp', 'P')osted on the web was the speculation that China was tired of low yield treasuries and wanted high yield returns.

So the Chinese, I READ ON THE WEB, are to going to try to run up the DJ to about 36,000.

Any thoughts about this?

[DantesPeak]

$this->bbcode_second_pass_quote('sjn', 'I')t was mentioned earlier about China seeking higher returns:
U.S. Urges China to Buy Mortgage Securities Amid Subprime Woes (Bloomberg.com)

[emersonbiggins]

Here's a quote from that article (emphasis mine):

$this->bbcode_second_pass_quote('', 'C')hina held $107.5 billion in U.S. mortgage-backed securities as of June 2006, up from $3 billion three years earlier, according to HUD's Web site

[return1880s]

If the dollar keeps weakening, would it be wise to convert to some other currency that has lower inflation and invest that currency instead of the dollar?

[Plantagenet]

$this->bbcode_second_pass_quote('return1880s', 'I')f the dollar keeps weakening, would it be wise to convert to some other currency that has lower inflation and invest that currency instead of the dollar?

[strider3700]

I noticed no one has mentioned the current bloodbath taking place on the market. I'd say a 400 point drop is news worthy.