Stock market bubbles bursting;

jpete wrote:

topper wrote:use the power of compunding interest to beat inflation over the long term - time is your friend - market timing is your enemy

You can't beat inflation. They doubled the money supply in the past year or so. All our dollars are worth half. It's a losing game....

cokehead wrote:I didn't think the DOW could stay over 10,000. I bought 2500 shares of SDS cost basis $39.184. I'm getting creamed. I thought I was so smart playing the dark side. I should of stayed in PCX or BTU! Timing the market is tough. I was up 180% from 13 months ago but not any more. Living paycheck to paycheck keeping up with the margin calls (I was blind-sided by the margin requirements being changed from 60% to 30 % after I did the deal.) and worrying about taxes coming due. My timing buying SDS was all wrong. The only reason the market is as high as it is is the Fed is keeping interest rates low under political pressure. Sooner or later the market has to fall based on the fundimentals but there is no where else to put money if you have it other than the stock market (low interest). At this point I'm hopping to just get my money back. The Chinese have chastized the Fed for their policies and themselves are raising interest rates. The only reasong the Fed can abuse the US dollar is because it is a world reserve currency. If they keep it up that will change. If I had any money left I'd buy Chinese currency. Sooner or later they have to unpeg from the US dollar and when they do look out. Isn't it ironic that a "communist" country would have more economic sense than the bastion of capitalism! (Either) we have children running our country (or they want a crisis to further their goals). I don't think they see the end game. Too worried about the next election. Maybe they don't care about the end game so long as they are calling the shots. IF hyper inflation is the result of the goverment and Fed policies I'm wiped out. There is no frigin way the government can finance the current rate of deficit spending into the future. I can't wait for 2010 elections.

We counted over 1,800 13Gs that Blackrock dumped on Friday, which explains why EDGAR might have been a tad bit pokey. The stream started at just after 2 p.m. est and didn’t let up until just after 4:30, when the last one, which reported a 6.5% stake in Vodafone came in. For those less familiar with the 13G, since we don’t often write about these filings, it’s a requirement when ownership exceeds 5% of the outstanding shares. With few rare exceptions, these filings represented new positions for Blackrock since we only counted 11 amended 13Gs, which in itself seems very surprising, given the long list of stocks.

To take a 5% stake in the S&P 500 alone would require $650 billion, or some one hundred and sixty-four times as much money as Blackrock possesses, and yet that would account for less than one third of the filings!

truckrp97 wrote:I am on the warren buffet bandwagon, i bought at 70.29 jan.22 It's been my recent experience that no matter how solid the fundementals and the technical aspects of a company the price movement is like being on a roller coaster. like aci,pcx.

Black_And_Blue wrote:More shenanigans today :

http://www.zerohedge.com/article/thank-you-jpmorgan-must-see-jpms-etf-desk-ramps-market-higher-close

truckrp97 wrote:mostly i pick stocks through the investors business daily, mostly. and I like listening to the Tom O'Brien show at tfnn.com