Uncle Bill

The Buffett Sell Signal

Thanks for reprinting what I read on Bloomberg. No alpha here.

Mean Reversion and Cheap Financial Stocks

Mark, where's the mean these stocks are reverting to? Is that as far as they'll go, back to the mean? Also, how do you figure your standard deviation and your mean? Finally, did you think these stocks would revert to the mean back in June? I'm interested in your approach -- this looks like good stuff.

Miracle: Bush To Part The Bankrupt Sea

Good comment, Al Rob. How could the editors let this bit of nothing on the site? Tuesday would have been a good day to establish buy/writes on those stocks you mentioned. Where were you then? Check me at impliedrisk.blogspot.c... for timely, useful commentary. Plus, you were wrong. Countrywide (CFC) barely budged. Too late too sell any high-cost premium. Thanks.

It's Too Late To Short The Financial Sector

I notice that, in hindsight, you say there were two significant opportunities to short the financials. Why are you telling us now? Why didn't you post and tell us then? Right now, you say not to short the sector. Should we go long? You claim the group will outperform. Shouldn't that be the headline? Come on, take a stand.