Comments on: Poll: When Do You Think the Markets Will Begin to Recover? http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/ Helping a unique generation achieve financial independence. Fri, 20 Nov 2009 23:09:41 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: James - Forex Blog http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-80277 James - Forex Blog Wed, 23 Jul 2008 09:45:16 +0000 http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-80277 I think we are very close to the bottom now. Everyone knows that we're in for a tough time in the next few years but I think this is now reflected in companies' share prices if you look at actual earnings projections going forward. I think we are very close to the bottom now. Everyone knows that we’re in for a tough time in the next few years but I think this is now reflected in companies’ share prices if you look at actual earnings projections going forward.

]]> By: Friday Finance Findings for July 18th : Generation X Finance http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79827 Friday Finance Findings for July 18th : Generation X Finance Sat, 19 Jul 2008 00:09:39 +0000 http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79827 [...] On a positive note, the stock market ended up having a pretty good few days at the end of the week, and oil prices are down about $16 per barrel from where it started on Monday. Whether or not this is a lasting trend, it is anyone’s guess. But I did set up a poll asking readers when they think the market will begin to recover for good, so head over and cast your vote. [...] [...] On a positive note, the stock market ended up having a pretty good few days at the end of the week, and oil prices are down about $16 per barrel from where it started on Monday. Whether or not this is a lasting trend, it is anyone’s guess. But I did set up a poll asking readers when they think the market will begin to recover for good, so head over and cast your vote. [...]

]]> By: Bill http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79795 Bill Fri, 18 Jul 2008 17:05:42 +0000 http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79795 I couldn't answer completely through the polls. Let me explain. I think we're at or near the bottom, but I think we'll be here for some time. The stock market is a leading indicator and will rebound before the economy in general. However, I think now is the time, if you've got the inclination, to buy individual stocks. The market may move sideways for quite some time. But some individual stocks will move up, some down, some sideways, and some up and down. If you're selective, pick an industry that you think may rebound sooner rather than later. I'd key on the oil industry. I think there's been a speculative bubble, I think by its very nature that price gouging is the rule, and OPEC and other controllers of the liquid gold are hosing us. Not to mention the fact that our dollar has fallen precipitously. That leads me to believe that "alternative" sources of conventional-type energy (coal and natural gas) will rise in value as substitutes to oil. Pick a good company in a great industry and you may find yourself having made many multiples on your invested dollar. Plus, as a new president is elected, no matter who it is, the economy will rebound. It always does. I couldn’t answer completely through the polls. Let me explain. I think we’re at or near the bottom, but I think we’ll be here for some time. The stock market is a leading indicator and will rebound before the economy in general.

However, I think now is the time, if you’ve got the inclination, to buy individual stocks. The market may move sideways for quite some time. But some individual stocks will move up, some down, some sideways, and some up and down.

If you’re selective, pick an industry that you think may rebound sooner rather than later. I’d key on the oil industry. I think there’s been a speculative bubble, I think by its very nature that price gouging is the rule, and OPEC and other controllers of the liquid gold are hosing us. Not to mention the fact that our dollar has fallen precipitously.

That leads me to believe that “alternative” sources of conventional-type energy (coal and natural gas) will rise in value as substitutes to oil.

Pick a good company in a great industry and you may find yourself having made many multiples on your invested dollar.

Plus, as a new president is elected, no matter who it is, the economy will rebound. It always does.

]]> By: Andys http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79794 Andys Fri, 18 Jul 2008 16:38:45 +0000 http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79794 Recent bounce was a dead cat one. I have bought some put options expecting falls next week. We still have more pain to come, but I think early in the new year is when things will start to improve. Recent bounce was a dead cat one. I have bought some put options expecting falls next week. We still have more pain to come, but I think early in the new year is when things will start to improve.

]]> By: mbhunter http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79738 mbhunter Fri, 18 Jul 2008 04:03:10 +0000 http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79738 Hah ... wished I would have picked the mattress one. I'd have been the only one. The FED will inflate eventually and stocks will go back up, but right now too much is unraveling. I think shorting the broad indices is a good idea but I haven't mustered up the guts to do it yet. Hah … wished I would have picked the mattress one. I’d have been the only one.

The FED will inflate eventually and stocks will go back up, but right now too much is unraveling. I think shorting the broad indices is a good idea but I haven’t mustered up the guts to do it yet.

]]> By: RC@Thinkyourwaytowealth http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79724 RC@Thinkyourwaytowealth Fri, 18 Jul 2008 01:54:55 +0000 http://genxfinance.com/2008/07/17/poll-when-do-you-think-the-markets-will-begin-to-recover/#comment-79724 I'm not quite sure the jump the last two days is the beginning of a rise from the bottom, but I do think things will start improving towards the end of the year. I’m not quite sure the jump the last two days is the beginning of a rise from the bottom, but I do think things will start improving towards the end of the year.

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