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Gains in financials, material stocks lift market

Don't hold your breath! | 9:10 a.m. July 9, 2009

While I desire to remain optimistic, I don't get excited at all when the markets improve a little from day to day, only to drop a little the next day or week. I'm convinced that all the imaginary money that Obama has dumped into the economy, is giving off false market readings, and will eventually result in hyper-inflation, the likes of which, this country has never before experienced. And as a result, the dollor will continue to fall into a bottomless pit. We've yet to see the second serious wave of foreclosures of those who in the past had great credit, and who are now unemployed; as well as, foreclosures on commercial loans that have huge ballon payments that will soon come due. My advise to all us little guys is, stay out of the markets. Your devalued dollar is safer under your mattress.

Anonymous | 9:10 p.m. July 9, 2009

I agree with don't hold your breath. And does anybody care or notice what is happening to the economy? I know some do but not enough....the market only went up by a scant amount today.

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