Comments on: New Investors’ Paradise

By: Aneurin

Aneurin — Wed, 06 Jun 2007 03:03:49 +0000

[Comment ID #29092 Will Be Quoted Here]
Actually, the markets were down today:

Dow 13,595.46 Down 80.86 (0.59%)
Nasdaq 2,611.23 Down 7.06 (0.27%)
S&P 500 1,530.95 Down 8.23 (0.53%)

You’re talking about day to day movements, of which today saw the market down. I’m talking about longer term macroeconomic trends. I’m not an investment advisor, and I’m more commenting on how the mainstream media prefers to paint things. Again, it’s just an opinion, but a lot of investment advisors are advising caution out there, with a market that’s over bought.

Also, there’s just a huge disconnect between how the large majority of Americans feel about their economic prospects vs. US stock market performance. If you’re a member of the investor class, you don’t see the larger economic decline, but the working class does.

By: TLo

TLo — Tue, 05 Jun 2007 15:10:58 +0000

The markets are up. You can disagree with why, but millions of traders and billions of shares traded outweigh your opinion.

By: bushtool

bushtool — Fri, 01 Jun 2007 22:11:31 +0000

And don’t forget, Walmart just posted its worse decline in sales in 28 years.

And you know what they say, “As goes Walmart (GM is already gone pretty much), so goes the nation”!

Walmart sales are going down the tubes literally, the gasoline tubes.