Mark Cuban, Is the Stock Market Still for Suckers? [View article]
Additionally that 17 P/E is not going to remain there as corp. profits start falling dramatically as the evidence is showing quite dramatically that the consumer has finally run out of rope. Time for the fed to blow another bubble. Hmm.. let's see... stocks are shot, housing is wrecked for at least 5 years, next up on the bubble train express... PMs and commodities? But what the hell do I know... I'm not a billionaire or even a millionaire... just a lowly hundred thousandaire.
Wonder if the pending bankruptcy of MBIA, Ambac, and Countrywide will put a little damper on the 2009 rendition of this article.
Best of luck to you all, I've been locked into Gold since $400 and short housing and financials since 2005. I really wish I could find a reason to be long the market. Maybe if I just did buy and forget but I can't do that :-)
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Additionally that 17 P/E is not going to remain there as corp. profits start falling dramatically as the evidence is showing quite dramatically that the consumer has finally run out of rope. Time for the fed to blow another bubble. Hmm.. let's see... stocks are shot, housing is wrecked for at least 5 years, next up on the bubble train express... PMs and commodities? But what the hell do I know... I'm not a billionaire or even a millionaire... just a lowly hundred thousandaire.
Jan 09 23:17 pm
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All Comments by EffHugh »Mark Cuban, Is the Stock Market Still for Suckers? [View article]
Wonder if the pending bankruptcy of MBIA, Ambac, and Countrywide will put a little damper on the 2009 rendition of this article.
Best of luck to you all, I've been locked into Gold since $400 and short housing and financials since 2005. I really wish I could find a reason to be long the market. Maybe if I just did buy and forget but I can't do that :-)