hook

Five Reasons the Market Could Crash This Fall

what an angry guy....basically his thesis is the mkt needs to go down because it's gone up a lot from the bottom. If you used that logic last year you would have been long at 1100, 1000, 900 etc. the SPX is only up about 10% on the year and still down a ton over the last 2 years.

Investment Banks Look Good in '08

Markos, MBI has a 2.28 P/E, maybe you should buy that too....my point is, if you're investing in investment banks, you need to discuss the book value of the firm, which you left out of your analysis. How can you be sure the book value of any investment bank will hold up?