Surfing the Chop on Wall Street Towards Retirement

Surfing the Chop on Wall Street Towards Retirement

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Monday, May 24, 2010

Market Inflection Point Upward or Downward?

Is it time to watch some movies for the next 2-3 weeks and let the market unwind?    It is just becoming too difficult to get a handle on what is going on?    Up Down Who Knows?   Its a boxing match between the Bears vs. Bulls and we seem to be in round 4 of a 9 round fight.  There does not seem to be an apparent inflection point supporting the bulls or the bears.   Some answers will be needed to the following questions or there will need to be enough time where investors become used to unanswered questions.  

  1. EU Stability!
  2. China accelerating growth!
  3. Reduction of Government vs. Banking!
  4. Record profits!
  5. Pent up Demand can not be stopped?
  6. Political Stability in Thailand!
  7. Greece gets the boot from EU!
  8. Portugal Bailout?
  9. Ireland Bailout?
  10. California Bailout?   Rhode Island?   New York?
  11. Federal Debt?
  12. Lowered unemployment?
  13. BP solution in the Gulf!
  14. Foreign inflows of Cash into the NYSE!
  15. United States seems like new equity safe haven?

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I have a passion for investing and surfing.