The CPI numbers which include food/fuel were below avg in 09/10, a little higher than avg. this year.
It all seems a house of cards to me, our direction so wrongheaded about so many things. Hard to understand given the state of things (unemployment, for ex.), why the market is going up outside of some short term corporate profits, some at the expense of employment. We've seemingly lost the ability to grapple pragmatically with problems. Would anybody be truly surprised if something happened (or even nothing) and the market tanked next week?
When I'm acting smart, I put sell stops on everything I buy, and move them up as the market goes up. Apple just had another blowout quarter -- 20mil iPhones sold, analyst consensus of 17 or so. Just spiked 25 pts. aftermarket -- unusual in that blowout numbers by Apple is usually followed by a stock drop '..too strange for words' -- I should act on my own advice and slide my sell stop up. I find this method good for sleep quality.
If this is the new normal it is too strange for words.
So...anybody panicked yet? I'm seriously considering pulling every dollar out of the market until further notice. I'm really glad I didn't do it when things first got scary, but it's looking smarter every day....
It all seems a house of cards to me, our direction so wrongheaded about so many things. Hard to understand given the state of things (unemployment, for ex.), why the market is going up outside of some short term corporate profits, some at the expense of employment. We've seemingly lost the ability to grapple pragmatically with problems. Would anybody be truly surprised if something happened (or even nothing) and the market tanked next week?
When I'm acting smart, I put sell stops on everything I buy, and move them up as the market goes up. Apple just had another blowout quarter -- 20mil iPhones sold, analyst consensus of 17 or so. Just spiked 25 pts. aftermarket -- unusual in that blowout numbers by Apple is usually followed by a stock drop '..too strange for words' -- I should act on my own advice and slide my sell stop up. I find this method good for sleep quality.