Project for Philosophical Evaluations of the Economy |
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We've made it to 12000, what’s next?
Dialog with the Alter Ego on the future of US stock market, published on Feb. 1, 2011
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Question by Alter Ego of Noah denkt™ (AE): You must feel very happy about today’s close at the NYSE with the
Dow Jones Index hovering above the 12000 mark? After all, you have been looking towards that 12000 mark for
quite a while now.
Answer by Noah denkt™ (Nd): You are right, we are happy about today’s breakthrough. In fact, we feel that it
vindicates the bullishness that we have advocated for all along.
AE: The question now obviously is: What’s next? Do you sell into this rally or will you continue to hang in there?
Nd: No, we have been waiting way too long for this to happen to sell into this right away. Instead we are planning
to hang on to these gains for the foreseeable future.
AE: What exactly does that mean? When do you think will be the right time to sell into this rally?
Nd: We hate to put a firm time line on this. You have to play it as things progress. We simply can’t say, at this
time, how long this current bull market will last. You will have to check in with our site repeatedly to find out if,
when and why we have changed our stance.
AE: So, to be clear, you maintain your bullish verdict for the time being?
Nd: Yes, we do.
Dialog with the Alter Ego on the future of US stock market, published on Feb. 1, 2011
-----------------------------------------------------------------------------------------------------------------------------------------
Question by Alter Ego of Noah denkt™ (AE): You must feel very happy about today’s close at the NYSE with the
Dow Jones Index hovering above the 12000 mark? After all, you have been looking towards that 12000 mark for
quite a while now.
Answer by Noah denkt™ (Nd): You are right, we are happy about today’s breakthrough. In fact, we feel that it
vindicates the bullishness that we have advocated for all along.
AE: The question now obviously is: What’s next? Do you sell into this rally or will you continue to hang in there?
Nd: No, we have been waiting way too long for this to happen to sell into this right away. Instead we are planning
to hang on to these gains for the foreseeable future.
AE: What exactly does that mean? When do you think will be the right time to sell into this rally?
Nd: We hate to put a firm time line on this. You have to play it as things progress. We simply can’t say, at this
time, how long this current bull market will last. You will have to check in with our site repeatedly to find out if,
when and why we have changed our stance.
AE: So, to be clear, you maintain your bullish verdict for the time being?
Nd: Yes, we do.
| © Landei Selbstverlag, owned by Wilhelm ("Wil") Leonards, Gerolstein, Germany. All rights reserved. Reminder: Noah denkt™ is a project of Wilhelm ("Wil") Leonards and his Landei Selbstverlag (WL & his LSV). Consequently, all rights to the texts that have been published under the Noah denkt™brand name are reserved by WL & his LSV. The commentary and the reasoning that was provided on this page is for informational and/or educational purposes only and it is not intended to provide tax, legal or investment advice. It should therefore not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security or any issuer by WL & his LSV or its Noah denkt™ Project. In fact, WL & his LSV encourage the user to understand that he alone is responsible for determining whether any investment, security or strategy is appropriate or suitable for him. And to leave no doubt as to what this means we urge our user to also note our extended Legal Notice. |
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