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Originally Posted by Finnster
A123, I've been waiting for that too. I'll have to pick some up regardless. :)
I'm wondering about a pullback too, but I think we are mostly good thru this month. Really everyone's felt a bit edgy since april since things have moved up from march lows. Couple dips, but no big pull back yet surprisingly.
I don't see a huge reason so far as all the data has generally been positive. Felt more bullish than I have all year (which may be a bad sign, idk lol.) I think there are some pushes to show some good gains for the Q and year end. We'll see what Oct and Nov brings. I don't see any reason we should have any massive dips unless secondary effects of the recession are unleashed (ie high inflation, commercial real estate, % interest rate hikes, big fall in $, end of Fed money, other worries out there.) I personally don't see anything coming anytime soon, but I really know nothing when it comes to these things (prolly the safest assumption imo.) I think Jan-Feb is going to go in the doldrums perhaps. After year end, but waiting for further direction on the new year. Hopefully we will just see slow and steady gains on out, but that's awfully optimistic and really you've got to be ready for anything. Who knows what news will come.
By quite a bit of good fortune and timing, my retirement accts and investment accts will have done pretty well this year. I'd really like to hold & build on them. In a way, the Great Recession has been a once in a lifetime opportunity for the fortunate, but I'm sure there plenty of surprises ahead.
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It seems that the A123 IPO will have a price between $10-11.50 and it might be a hot stock.
Slow and steady growth will be good. There seems to be news of companies that will be BK sometime in the near future and that will play a big part of any big dips and that might cause a little panic which can become a big panic specially after what we saw. Good thing about the stock market is that you can bet on stocks when it goes down
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