NASDAQ closed at 2003 on December 31
- Thread starter IG.
- Start date
Unfortunately, it's irrelevant. We haven't seen any REAL growth. Things have been shifting and snowballing for the past 30 years. The growth numbers we see are also being fudged to an extent. The economy has required a series of tax cuts, rate cuts, government deficits, and record growth in money and credit. We are paying a lot for the bubble of the 1990s. To a large extent, the problem is still being 'fixed' by postponing it. A lot of people do not see it, but many conditions are going to happen to make a financial nightmare for the US in the coming years.
What you are seeing in the rising prices of stocks is called 'distribution'. From Financial Sense Online:
Distribution:
At market tops those who have bought shares at or close to the bottom sell their shares to less sophisticated market participants at the top of the market cycle. The lesser informed public comes into the market attracted by rising prices. In effect, stocks are changing hands from strong hands who bought in early to weak hands who bought in late. [/QUOTE]
The most profit in stocks comes BEFORE a company goes public in pre-IPOs (initial public offerings). It is illegal for non-qualified people to invest in these (qualification includes having a net worth of $1M or a yearly income >$200K/y).
Things will get better and we will see another market boom, the largest ever, but it will be followed quickly by a crash greater than we have seen in 80 years. The only way around it is to keep educating yourself about the economy and keep building your financial 'boat' to keep afloat in the storms.
What you are seeing in the rising prices of stocks is called 'distribution'. From Financial Sense Online:
Distribution:
At market tops those who have bought shares at or close to the bottom sell their shares to less sophisticated market participants at the top of the market cycle. The lesser informed public comes into the market attracted by rising prices. In effect, stocks are changing hands from strong hands who bought in early to weak hands who bought in late. [/QUOTE]
The most profit in stocks comes BEFORE a company goes public in pre-IPOs (initial public offerings). It is illegal for non-qualified people to invest in these (qualification includes having a net worth of $1M or a yearly income >$200K/y).
Things will get better and we will see another market boom, the largest ever, but it will be followed quickly by a crash greater than we have seen in 80 years. The only way around it is to keep educating yourself about the economy and keep building your financial 'boat' to keep afloat in the storms.
busabrother
Registered
This is what i was going to say!!! Yeah right!!
Unfortunately, it's irrelevant. We haven't seen any REAL growth. Things have been shifting and snowballing for the past 30 years. The growth numbers we see are also being fudged to an extent. The economy has required a series of tax cuts, rate cuts, government deficits, and record growth in money and credit. We are paying a lot for the bubble of the 1990s. To a large extent, the problem is still being 'fixed' by postponing it. A lot of people do not see it, but many conditions are going to happen to make a financial nightmare for the US in the coming years.
What you are seeing in the rising prices of stocks is called 'distribution'. From Financial Sense Online:
Quote
Distribution:
At market tops those who have bought shares at or close to the bottom sell their shares to less sophisticated market participants at the top of the market cycle. The lesser informed public comes into the market attracted by rising prices. In effect, stocks are changing hands from strong hands who bought in early to weak hands who bought in late.
The most profit in stocks comes BEFORE a company goes public in pre-IPOs (initial public offerings). It is illegal for non-qualified people to invest in these (qualification includes having a net worth of $1M or a yearly income >$200K/y).
Things will get better and we will see another market boom, the largest ever, but it will be followed quickly by a crash greater than we have seen in 80 years. The only way around it is to keep educating yourself about the economy and keep building your financial 'boat' to keep afloat in the storms. [/QUOTE]
Unfortunately, it's irrelevant. We haven't seen any REAL growth. Things have been shifting and snowballing for the past 30 years. The growth numbers we see are also being fudged to an extent. The economy has required a series of tax cuts, rate cuts, government deficits, and record growth in money and credit. We are paying a lot for the bubble of the 1990s. To a large extent, the problem is still being 'fixed' by postponing it. A lot of people do not see it, but many conditions are going to happen to make a financial nightmare for the US in the coming years.
What you are seeing in the rising prices of stocks is called 'distribution'. From Financial Sense Online:
Quote
Distribution:
At market tops those who have bought shares at or close to the bottom sell their shares to less sophisticated market participants at the top of the market cycle. The lesser informed public comes into the market attracted by rising prices. In effect, stocks are changing hands from strong hands who bought in early to weak hands who bought in late.
The most profit in stocks comes BEFORE a company goes public in pre-IPOs (initial public offerings). It is illegal for non-qualified people to invest in these (qualification includes having a net worth of $1M or a yearly income >$200K/y).
Things will get better and we will see another market boom, the largest ever, but it will be followed quickly by a crash greater than we have seen in 80 years. The only way around it is to keep educating yourself about the economy and keep building your financial 'boat' to keep afloat in the storms. [/QUOTE]
Weird!
