Monday, September 14, 2009

END OF DAY REPORT

WHat's popular these days with the need for income crowd? Some corporate bonds have done nicely and a lot of money if flowing into Bond funds.

Only about $50 Billion has gone into equity mutual funds over the last 4 months and would that not make one ponder how a $10 plus TRILLION market place could achieve the returns it has to date?

ALso with 2.09% DIV yields the SPX is not a place to collect big divies in general....it's all about selling to the next guy at a higher price.

Bankruptcies leveling off? NOPE up substantially from this time last yr.

This is the highest % gain from an end of recession scenraio....but many data points just DONT add up, like the 2,5 MILLION additional jobs lost since March

Dow closed 20 pts below its previous high for move as Transports sported another new high...probably nothing.....

IMHO, and that's all it is......falling to sleep with a 100% stock portfolio may bring about SUBSTANTIAL PAIN......

D

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