SmartGuyStocks.com

Blood on the Street Means Opportunity

Did you live through any previous recession or bear market? A couple months of selling is just the first wave.

I read this same stuff everyday while the dotcom bubble burst. Lesson learned: do not go long without a major catalyst and evidence that the economy is strengthening. Otherwise, you are simply gambling.

We had 4 years of strong buying, so a couple weeks of strong selling is not the panic discussed in history books. Blood is when you can buy the blue chips for pennies on their future dollars of cash flow. We are not even close ...

Market Indices In Free Fall

Wow.

Dissecting Mr. Market's Bad Breadth

Seems like there's still no conviction ...

This Bear's Just About Played Out

Seems like Bernake wasn't aware that the bear market (which we haven't qualified for yet, but are on our way) is over:

Incoming information suggests that the outlook for economic activity for this year has worsened and that the "downside risks to growth have become more pronounced," Bernanke warned.

A housing slump, weaker home values, harder-to-get credit and high energy prices all "seem likely to weigh on consumer spending as we move into 2008," Bernanke said.

This Bear's Just About Played Out

Oh yeah, billb, if you think we're swamped in pessimism, go to B&N and look at the finance magazines. They are ALL bullish on 2008 ...

And that is why we have room to fall ...

This Bear's Just About Played Out

Funny. My friends at the largest PE and hedge funds in the world say we are in the second to third inning of the credit crisis. Did you miss the article cover of WSJ that shows how expensive debt insurance is getting? How about MBIA's debt offering that is not exactly finding a sponge?

With all do respect, you are merely encouraging those with no real time information to bottom fish. Once again, you can find thousands of articles like this from 2000-2001 ...

What is the catalyst for the turnaround? Housing is still in free fall, retail numbers were horrific, casual dining is slowing fast, credit card defaults are on the rise, and employment is softening.

Like you, I would love to be a bull, but there is no evidence to support going long yet ...

Mark Cuban, Is the Stock Market Still for Suckers?

Wally, you are the man.

Does Market Timing Actually Work?

With all due respect, why post these charts that mutual funds use to sell their products? Savvy investors know that this data is HEAVILY SKEWED because it 1) includes the mass herds of morons who buy high on greed and sell low on fear, and 2) the assumptions are that you are invested in the indexes and somehow missed the best trading days in the history of the universe (sounds like a nice way to present your case).

If a person does not have time to manage their money, they should hire a professional and get into well diversified funds. However, if someone is reading this blog, we should assume they are trying to do more and maximize ROI. For example, selling short or buying puts on banks and housing has been great, while buy and holders are losing money like crazy (and your argument supports buying and holding).

Bottom line: these charts and arguments are marketing materials to sell financial products to the ignorant herds. People on SeekingAlpha are interesting in beating the markets (i.e., we are seeking ALPHA).

My hunch is that this type of stuff makes people feel better when they are losing money as buy-and-holders. It has no other value unless you are a broker ...

Why Is This Market Holding Up?

Herd inertia ...

Read the Business Week year-end issue. Every "expert" is bullish except one.

Why Stocks Will Struggle in 2008

"But it’s not just sales that are falling. Housing prices are collapsing as well." Thanks. The crappy local newspaper in FL told this story last summer.

I can't believe Forbes puts out this garbage. Hasn't someone over there heard of "the internet" and all the information we get daily? This was written for someone who was on a one year meditation retreat in a cave somewhere and emerged on new year's day ...