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 The Economy October 11, 2010

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Thump

Thump


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Join date : 2008-05-13
Location : Central Florida

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PostSubject: The Economy October 11, 2010   The Economy October 11, 2010 Icon_minitimeMon Oct 11, 2010 4:43 pm

Saw these two pictures side by side on Yahoo news:

The Economy October 11, 2010 Worry101011

I'd have to say that doesn't look good. I expect the stock rally is about over now
and a lot of stocks are starting to look overpriced again or at least in the top of
their range.
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rockhump

rockhump


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Join date : 2008-05-16

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PostSubject: The Economy October 11, 2010   The Economy October 11, 2010 Icon_minitimeTue Oct 12, 2010 6:22 am

I suspect you are right. QE2 and good earnings are likely priced in. The one caveat is that there are a lot of fund managers wanting to keep their jobs and may continue to chase it higher into yr's end.
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