Who'll get CHUMPED by the latest stock market rally?
 

This is not looking good: http://money.cnn.com/2009/09/10/news...ion=2009091107

Looks like the small investor might be left holding the bag.... again?

I've been expecting a drop for some time now.. but it keeps going.

Ultimately, though, press like this helps to cause the selloff.

The powers that be and the people in the know, are going to milk this and any other method of getting money, until the wheels fall off. Count on it.

Unlike insider buying, insider selling is not necessarily indicative of bullish or bearish sentiment. I do think we're in for a big pullback in the 20% range. However, I don't think it will happen until the next "unforeseen catastrophe" occurs. That could be inflation, corporate real estate, energy, geo-political tensions, or something completely unexpected. Until then, the market will keep going up and up like a bubble, because people are greedy and everyone wants to get in on the bounce.

Got to think long term.

I think this says it all

"S&P 500 dropped as low as 666"

Get your short sales set up this week for the October sell off :thumbsup:thumbsup:thumbsup:thumbsup

I am shorting Apple down to 135.

Insider selling doesn't mean much in this market, since it's too small to matter.

Much of the stock market activity is driven by a few investment firms, in particular, Goldman Sachs, using governent "bailout" money, along with "Fed" (which is a private entity) money, upwards of 2 Trillion! They're leveraging investments with, essentially, free money.

Professional traders (not amateurs playing shorts, etc) are making a killing, as are people who, mainly by sheer luck / large risk taking, loaded up several months ago and are now taking profits along the way.

Sure, average 401K holders have recouped some of their losses too, and many are feeling confident of recovery, but it's a fools rally.

A side-ways market is fantastic for professional traders, but lousy for most anyone else.

Point is that the market could easily go up much more, which defies common sense... but the stock market is not reflective of economic reality (at least not in a layman's view), and instead is being driven by a few major players.

Ron

I've been reading in business magazines and online for some time now that if the commercial real estate sector begins to fail, it will dwarf the loses that we've seen in the subprime market. There is no way banks would be able to sustain those loses. I don't think we've seen the worse yet.