Fred Voetsch

2009 S&P Earnings: Don't Believe the Analysts

Here here!

A decent strategy is to dollar-cost-average in over a period of years, if one must be long the stock market. That is a strategy that seems to work in any market with the possible exception of the Japanese stock market over the past 20 years...uh oh!

Well, I'm staying short and small and will start to go long again once we quit doing stupid things like trying to keep people in houses they can never afford (especially in a bad economy) and rescuing companies so they can keep good companies from prospering.

ALso, has anyone else noticed that the guy doling out billions of tax dollars is the same guy who went before congress as CEO of Goldman Sachs and got them to change the rules that allowed us to get into this mess in the first place? ...just an observation....

--Fred Voetsch


On Sep 26 03:16 AM The hand wrote:

> of course the earnings per share are based on a certain economic
> model which requires growth in 2009. with:
> 1) at least a trillion dollars (7% of gdp) targeted for economic
> stabilization,
> 2) zero for economic stimulus,
> 3) $5 trillion of evaporated assets
> 4) a consumer in crisis
> i think i'll wait until i seek the whites of their eyes until i start
> betting on an economic recovery.
>