CITYBLOGGER..PENAFIAN Laman ini tidak bertanggungjawab atas hasil penulisan yang dipetik dari sumbe

I am so sick and tired of the emotional ups and downs of the "gambling" of the stock market. It has always been nothing but a gamble with lives and hard earned money. Sure some have made it rich, how about you?Goal pretty much nails it. Unless we're talking about preferred stock, the common stuff really has no tie whatsoever to the company that initially sold it to raise capital. The short-term performance of common stocks is largely dictated by the game-playing of the large holders and brokerages, who have unimaginable power -- and special tools -- to manipulate them.

Right now, I see 10,500 as "equilibrium" for this market. 14,000 was rediculously high and 6,500 was much too low. As an individual investor, I've parked my meager sum into the low-interest stuff (bonds and MM), since I see the market staying at this "equilibrium" point for the intermediate future (6 - 12 mos). Similar to the impact that breakthroughs in communications and computing technologies had on the market 15 - 20 years ago, it will take yet another big technology leap to move this economy -- and thus the market -- forward again. IMHO it will again require something which really captures the imagination of investors, and has a big impact on productivity across industries - perhaps a breakthrough in renewable power generation, or transportation, or waste control, or some combination of the like.

Incidently....Amanda's been smoking too much God reefer. "The End" has been near for the last 3,000 years, honey, so I'm not holding my breath.