http://pragcap.com/another-market-crash-in-the-offing Thu, 24 May 2012 12:05:23 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://pragcap.com/another-market-crash-in-the-offing/comment-page-1#comment-3054 ejack Thu, 16 Jul 2009 02:19:38 +0000 http://pragcap.com/?p=6485#comment-3054 I was a pretty firm bear but now I'm of the opinion that this market will not go down. We would need the financials to get close to catastrophe again, but it seems like they are all prepared for it this time. Things would really have to go out of control for us to reach those lows and that level of panic again, but it doesn't seem likely. I think a test of ~820 on S&P is just about as low as we can expect, even if conditions are dismal. I was a pretty firm bear but now I’m of the opinion that this market will not go down. We would need the financials to get close to catastrophe again, but it seems like they are all prepared for it this time. Things would really have to go out of control for us to reach those lows and that level of panic again, but it doesn’t seem likely. I think a test of ~820 on S&P is just about as low as we can expect, even if conditions are dismal.

]]> http://pragcap.com/another-market-crash-in-the-offing/comment-page-1#comment-3048 Shanky Thu, 16 Jul 2009 00:56:50 +0000 http://pragcap.com/?p=6485#comment-3048 Crash is a coming. Tomorrow should be really interesting. They managed to get some shorts out over the past couple of days in preparation of this. The VIX rising leads me to believe someone KNEW what was coming with CIT and possibly employment report. This could be very very interesting. CIT was the backbone of small business. Crash is a coming. Tomorrow should be really interesting. They managed to get some shorts out over the past couple of days in preparation of this. The VIX rising leads me to believe someone KNEW what was coming with CIT and possibly employment report. This could be very very interesting. CIT was the backbone of small business.

]]> http://pragcap.com/another-market-crash-in-the-offing/comment-page-1#comment-3046 reddweb Thu, 16 Jul 2009 00:17:10 +0000 http://pragcap.com/?p=6485#comment-3046 What about INTC report/earnings-call. Clearly China's stimulus helped - a lot! It could be a short term uptick but still. Stimulus of other countries are slow but they are in the process. What about INTC report/earnings-call. Clearly China’s stimulus helped – a lot!
It could be a short term uptick but still. Stimulus of other countries are slow but they are in the process.

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