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Seattle Bubble Forum Archive • View topic - Stocks headed for a fall

Stocks headed for a fall

How will housing affect the US and world economy? How will the economy affect housing?

Moderators: synthetik, The Tim, Lake Hills Renter

Postby deejayoh » Fri Jun 08, 2007 7:48 am

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Postby mike2 » Fri Jun 08, 2007 9:03 am

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Postby Eleua » Fri Jun 08, 2007 9:16 am

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Postby mike2 » Fri Jun 08, 2007 9:59 am

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Postby Eleua » Fri Jun 08, 2007 10:13 am

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Postby The Tim » Mon Jun 11, 2007 10:04 am

Okay well I was being sarcastic on Thursday with that "healthy profit-taking" comment, but then Friday the DOW gained like 150 points, and so far today it's up another 30.

I gotta say... What the heck is going on here?
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Postby EconE » Mon Jun 11, 2007 10:37 am

Dow was up on Friday. PM's were down heavily. I'm not making any assumptions but could it be possible that profits were taken in PM's and thrown back into the stock market?
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Postby synthetik » Mon Jun 11, 2007 10:55 am

I believe we're at or near a market top, that any further moves upward are the result of even more unsustainable mania and worldwide liquidity.

Look at all the M&A activity - that's clearly a sign that the big whigs are trying to cash in one last time before the crash. I'm assuming the crash will be fueled by a dramatic rise in the cost to borrow money.

Maybe the 10yr is the catalyst we are waiting for... either way, it'll be something - and probably very soon.
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