Saturday, April 4, 2009
Dead Cat Bounce or Road to Recovery?
I wonder what the panel thinks about the recent March runup in the markets. Was this just a bear market rally or was it an early sign of economic recovery. Is it possible our investments in Spam and ammo would have been better served by jumping into the market on March 6th when the S&P 500 hit its low of 666? Or is the worst still yet to come? I guess the simple question is should we buy the puts or the calls?
Subscribe to:
Post Comments (Atom)
11 comments:
Well I guess the 850,000 or so newly unemployed would be leaning to the dead cat bounce side.
Actually it's not just the Stock Market. New & existing homes sales, auto sales, big ticket items as well as manufacturing all are up. Lot's of pent up buying demand.
Sustainable? We'll see.
Plenty of government subsidy and incentives/smoke and mirrors. Sooner or later somebody has to pay for it all. My vote is, the cat will bounce several times, but it's still dead.
Dave,
you never liked cats anyway.
Yeah Dave, I seem to remember you didn't like cat's either. I wonder why that stuck out of my memories?
So I'll go on record as a Bull. I'm sure there will be some dips along the way but I think the overall trend will be a gradual rise. But then my portfolio would prove I have no idea what I'm talking about.
I could tell some cat stories.But I wont. I don't know the statute of limitations.
My own personal sign of an economic turn around will be when my kids have a U-Haul backed up to my garage and start loading it up with their stuff...anyone else have one to share?
Mine will be when Dave professes his admiration for President Obama and proclaims him the greatest president ever... any day now. ;)
Good one RAC..hehehe
Yeah,their is progress. Hard to undo so many years of you know what:(
Oh,I remember someone lit a cat on fire in Dean's Circle.
Post a Comment