Quote:
Originally Posted by Snake Doctor
I see any temporary weakness in the S&P 500 level 1450 or lower as a buying opportunity. This is based on sound fundamentals.
Obviously if you agree with guys like teomaxxx you wouldn't buy the US stock market at any price, you're hoarding gold and wearing a tin foil hat.
So whatever....
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Quote:
Originally Posted by teomaxxx
how is your buying opportunity going Lenny? We are back to the November levels and as I told you, any bounce will be only because of rate cut pump/christmas rally.
Your advice to load on stocks from S&P 500 level 1450 in the face of worst housing recession since 1930, 100 Usd oil and high inflation seems really stupid. Where is the common sense?
I will bump this thread few months later, only to show that your advice belongs between 20 WORST investments too. |
So as I wrote here, here is a bump for you, since now I am sure, that your advice can easily belongs now to 20 worst investments too. S&P 500 wont see over 1450 level for few years at least, rather for a decade.
Lenny, anyone who cant calculate state of economy at least half year to the future shouldnt buy stocks....thats my free advice to you.