"THAT'S JUST MY OPINION" - VOL. - 48
"WE ARE THE CHAMPIONS" - recorded by QUEEN in 1977! Where did the DOW close on December 30th 1977? ANSWER - 831.17!!!! Where did the DOW close today? ANSWER - 16,491.31 !!!!!!!!
That is the ANSWER to why YOU should be involved in the stock market!!!!!
STOP LISTENING TO PEOPLE THAT TALK YOU OUT OF BEING INVOLVED IN THE STOCK MARKET - THEY ARE LOSERS AND WILL ALWAYS BE LOSERS!!!!!!!
YOUR FINANCIAL FUTURE DEPENDS ON BEING INVOLVED - READ MY LAST BLOG - VOL. 47!!!!
WILL THE MARKET HAVE UPS AND DOWNS - ALWAYS - BUT IN THE LONG RUN - IT WILL ALWAYS BE UP!!!!!
WHY AM I SO BULLISH ON THIS MARKET - AGAIN READ MY LAST BLOG - VOL. 47!!!
Here are other reasons why I BELIEVE THE MARKET WILL EXPLODED TO THE UPSIDE!!!!!
Cash hoarding - A RECORD $ 9.43 TRILLION - REPEAT TRILLION $ is now sitting in money market mutual funds, bank saving accounts and CD'S, according to CRANE DATA - EARNING BASICALLY NOTHING!!!!
THAT IS ENOUGH CASH TO BUY 120 OF THE BIGGEST COMPANIES IN THE STANDARD & POOR'S 500 STOCK INDEX!!!!!! THINK ABOUT THAT FOR MORE THAN A SECOND!!!!!
OK - LET GET BACK TO WHY "WE ARE THE CHAMPION" - I HAVE TOLD THIS BEFORE IN OTHER BLOGS - THAT THERE ARE ABOUT 6 BILLION PEOPLE ON THIS PLANET - IN THE U.S THERE ABOUT 300,000 MILLION PEOPLE - WE AND I MEAN WE ARE SO FORTUNATE TO BE LIVING IN THE GREATEST COUNTRY GOD EVER CREATED - WE SHOULD GET DOWN ON OUR KNEE'S EVERY NIGHT AND THANK GOD WE LIVE HERE!!!!!!!!!!
OK LET'S GET BACK TO WHY "WE ARE THE CHAMPIONS" - THERE HAD TO BE A RECORD AMOUNT OF CASH BUYING OUR U.S TREASURY BONDS!!!!
WHY? THE YIELD ON THE 10 YEAR NOTES - WENT FROM ABOUT 2.64% TO ABOUT 2.48% - JUST THIS WEEK - WHY - FOREIGN $$ HAS COME INTO OUR BOND MARKET AT RECORD INFLOWS - CAUSING THE U.S INTEREST RATES TO DROP SIGNIFICANTLY!!!!!!
DO WE HAVE ANY IDEA - HOW MUCH OUR FEDERAL RESERVE HAS MADE ON THEIR BOND PURCHASES OVER THE YEARS!!!! IT HAS TO BE ENORMOUS!!!!!!!
FEDERAL RESERVE - LISTEN UP - GET OUT OF YOUR - I MEAN OUR BOND HOLDINGS!!!
TAKE THE $$$ AND RUN!!!
"THAT'S JUST MY OPINION"
NOW HERE'S A CONCEPT - WITH ALL THE $$$$ THE FEDERAL RESERVE HAS MADE ON THEIR BOND PURCHASES - SINCE 1996 - BAILING OUT ALL THE COMPANIES IN THE
CRASH - WITH OUR TAX PAYER $$$$$ - HOW ABOUT SENDING $$$ BACK TO ALL THE TAXPAYERS IN THE U.S!!!!!! RAISE YOUR HAND - IF YOU THINK THAT WILL HAPPEN!!!!!
NOW LET'S LOOK AT THIS WEEK'S ACTION.
THE DOW FOR THE WEEK - HI - 16,735.51
LOW - 16,397.46
LAST - 16,491.31 DOWN 92.03 OR DOWN 0.55%
NOW LET'S LOOK AT MY WIFE'S, MY SON'S AND OTHERS PORTFOLIO.
AT THE CLOSE OF TUESDAY - THEY ALL MADE ALL-TIME HIGHS!!!!!
DIS CLOSED @ $ 80.39 OR DOWN $1.56 OR DOWN 1.90%
THIS STOCK WILL GO HIGHER - I SEE A STOCK SPLIT 2 FOR 1
I LOVE STOCK SPLITS!!!
AIG CLOSED @ $ 52.50 OR UP 0.22 CENTS OR UP 0.42%
I LOVE THIS STOCK - IT NEEDS TO BE BOUGHT!!!
CHK CLOSED @ $27.64 OR DOWN $2.17 OR DOWN 7.28%
THEY ANNOUNCED A SPIN-OFF - I LOVE SPIN-OFF'S
THIS IS A $40 STOCK!
SD CLOSED @ $ 6.62 OR DOWN 0.03 CENTS OR DOWN 0.45%
I LOVE THIS STOCK!!
MU CLOSED @ $ 26.03 OR DOWN 0.81 CENTS OR DOWN 3.02%
THIS IS A $40 STOCK!
JCI CLOSED @ $44.78 OR UP 0.28 CENTS OR UP 0.63%
AGAIN - LOOK FOR ICAHN TO GET INVOLVED!!!
RIG CLOSED @ $ 41.60 OR DOWN 0.14 CENTS OR DOWN 0.34%
THIS STOCK WILL SPIN -OFF SOME OF IT'S PARTS SOON!!!
FDML CLOSED @ $ 16.40 OR UP 0.08 CENTS OR UP 0.49%
THIS IS A $25 STOCK!!
NKE CLOSED @ $ 73.94 OR UP 0.49 CENTS OR UP 0.67%
REMEMBER THEY MAKE ALL THE NFL TEAMS GEAR - AND SOLD THE MOST SINGLE PLAYER JERSEY IN HISTORY - " JOHNNY FOOTBALL"
THEN IN JUNE - WAIT - THE WORLD SOCCER CUP STARTS - THEIR SALES WILL BE OUT OF CONTROL!!!
THIS IS A $ 100 STOCK - THEN I SEE A 2 FOR 1 STOCK SPLIT!!!
GE CLOSED @ $ 26.67 OR UP 0.25 CENTS OR UP 0.95%
I SEE THIS STOCK GOING TO $40 A SHARE!
THANK YOU VERY MUCH!!!
LEN DWELLE
lendwelle@hotmail.com
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