2010 Investments Discussion

Sean,

As long as the dollar keeps droping every day market will go up.  As market trades in dollars it's really not up this year but rather down in value.

RMTR, https://ramtronblogs.com/auto/

Awesome article about the F-RAM in the automotive industry just to get your feet wet on this companys design.

Got in at 1.87 the Stock is currently at 3.10

What caused the 70% rally

TrimTabs founder and CEO Charles Biderman, added further evidence to suspicions many have had for a while. TrimTabs is a research firm that tracks money flows into the market.

Here's what Mr. Biderman had to say: 'We cannot identify the source of the money that pushed stock prices up so far so fast.' More specifically, the source of about $600 billion net new cash necessary to lift the market's overall capitalization by $6 trillion last year could not be identified.'

Biderman continues, 'We know that the U.S. government has spent hundreds of billions of dollars to support the auto industry, the housing market and the banks and brokers. Why not support the stock market as well? The money did not come from traditional players.

One way to manipulate the stock market would be for the Fed or the Treasury to buy a nominal $60 to $70 billion of S&P 500 stock futures each month for as long as necessary. Depending on margin levels, as little as $5 billion to $15 billion per month was all that was necessary to lift the S&P 500 by 67% (statement was made on January 6, 2010).'

just bought into some stuff with the IRA:

BSC @ 6.93 @ 400 Shares

TM @ 81.63 @ 65 Shares

PAL @ 4.04 @ 600 Shares

i know i am small potatoes but think this market correction won't happen until after spring, i think we will hit 11k before we head back down again. What do you guys think.

thanks vermeer, you do provide great insight, so you either do seem to know what you are talking about or are incredible good at bullshitting either me it is a good skill to have. I think you are right and I understand calling a top is near impossible, I just don't want to be stuck buying at 10.8 and finding out that is the top, I think they will prop this market up to close to 12k before the bottom falls out. I am probably wrong but you never know.

good stuff, i appreciate the insight.