the unexpected creates more havoc then the predicted

[musclehead]

I guess that's common sense but it might apply to the stock market as well.

I was listening to the economist guys on the weekend ( no time for football ) and one fellow had a good point. when the sub-prime mortgage fiasco hit there was Barney Franks on the floor giviing his speach about how Freddie and Fanny were strong. then the crash, no one predicted it and well you know the story. then about 8 months after the initial drop people started predicting the next round commercial forclosures. remember what a big drop that caused right? no? me either because it didn't happen, it was expected and priced into the market.

flash forward to just the other day when 9 countries in europe were down graded and the next business day the market closed up 40 or so points. I guess it was expected.

now no one knows what the market will do if/when Greece defaults, but if the market yawns all those people that bought gold in a near panic are going to be 

[musclehead]

oh yeah  I forgot, the gentleman in question believes there will be some moderate growth in the market this year. he see the market as 'undervalued'.

[BF]

.......when the sub-prime mortgage fiasco hit there was Barney Franks on the floor giviing his speach about how Freddie and Fanny were strong. then the crash, no one predicted it and well you know the story.......

Actually, you're wrong.  Both Peter Schiff and Ron Paul not only predicted it, but nailed it when they did. 

Peter Schiff Was Right 2006 - 2007 (2nd Edition)

Ron Paul Predicts Housing Bubble 5 Years Before it Burst

If you want to know what has happened, where we came from and how we got to where we are now and who the players are that got us in this mess, then you owe it to yourself to watch the documentary/movie "The Inside Job".  You can rent it at most any Redbox for a buck. 

INSIDE JOB Official Trailer in HD!

This will make your blood boil!!!!

Inside Job

[musclehead]

no one was a poor choice of words how about "dang few"?

[MP]

Even President Bush went to congress three times, trying to get them to do something to tighten up the regulations.  But, Barney and Co. shut it down, saying nothing was wrong.  All was hunky-dorey!  LOL

MP

[musclehead]

Even President Bush went to congress three times, trying to get them to do something to tighten up the regulations.  But, Barney and Co. shut it down, saying nothing was wrong.  All was hunky-dorey!  LOL

MP

everything IS hunky dorey, nothing to see people just move along