Bernanke and Paulson: Butting Heads? [View article]
Well then Hanky Panky, you let the banks fail and then you recapitalize them. You don't throw money at them to shore up your own investment without diluting it. How's your $700 million stake in GS looking right now Mr. Secretary of the Treasury? Of course, I'm sure you'd sacrifice that $700 million to save the people $700 billion right? How about a portion of it? Ok, how about none of it? It's settled then.
The question isn't how over sold. It's how over owned. I calculate that apart from company buy backs and bankruptcies so far, approximately 280 billion shares on the Dow are outstanding and are under water. There's a lot of folks wearing pain that will be looking to liquidate for anything close to break even. People that shouldn't have been holding stocks are and it was perceived as a safe investment. Perceptions are being shattered. Of course the financial advisors are encouraging folks to hold on.
jcrash, I'm saying if you think that p/e's look cheap - then they likely look cheap for a reason and that could only mean one thing. When they look expensive, that's when the market will be starting to rally again.
Psyching Up To Buy At Maximum Pessimism Levels [View article]
Nicely done Smarty_pants.
If you have no idea where the bottom is, you shouldn't be buying and the author is clueless in that respect. In fact all those saying buy buy buy are only feeding the fire. It's only when guys like this are saying you shouldn't own stocks is where we'll find the real bottom.
The chart needs the volume on there to gain perspective. That demonstrates the amount and size of the pain being felt yet people hold on based on clueless advice. Thanks to 401k accounts etc this time the pain will be more severe than at any other point in history.
If you didn't see the top coming and you're a financial advisor - you shouldn't be. The excuse that you can't time the market is issued by fools to keep their jobs.
Just fyi, P/E's are always lowest at the top of the market and highest at the bottom. If you think about it, you should understand why that would be so.
What a shocker? People don't believe what is coming out of a banker's mouth? I'm trying real harder to remember the last one that wasn't issuing baldfaced lies but verily I can't.
When Hedgies Attack: Morgan Stanley Drops 40% on Rumors [View article]
How can this guy call himself a trader? He's got no clue. Apparently he's only ever seen a bull market and has no idea what happens in a bear market. Next he'll be saying that people should be forced to buy and hold shares whether they want to or not. Oh sorry, that's already happening...
The problem is that no one wants to admit the the ag play is over and done with. Too many people remain skeptical just like it was on the way up. No lasting reversal can come from this type of sentiment.
So the Perpetrators Are Now Our Saviors? [View article]
It is antithetical in the extreme to leave the same individuals, who got us to where we are today, in charge. However, the reason they got to be where they are in the first place is the same reason they will stay where they are until something extraordinary happens. It has been the same throughout history and takes a popular, sometimes chaotic movement to usurp those in established positions.
Sort by:
Latest | Highest ratedBernanke and Paulson: Butting Heads? [View article]
How Oversold Are We? [View article]
Nasdaq Perks Up via Bottom Fishing [View article]
What are McDonald's and Wal-Mart Telling Us? [View article]
Crazy P/E Ratios [View article]
Psyching Up To Buy At Maximum Pessimism Levels [View article]
If you have no idea where the bottom is, you shouldn't be buying and the author is clueless in that respect. In fact all those saying buy buy buy are only feeding the fire. It's only when guys like this are saying you shouldn't own stocks is where we'll find the real bottom.
Dow Jones in Perspective [View article]
If you didn't see the top coming and you're a financial advisor - you shouldn't be. The excuse that you can't time the market is issued by fools to keep their jobs.
Crazy P/E Ratios [View article]
Goldman Turns Cautious on Solar Sector [View article]
I think we'll see a lot more games from these guys in the future. They've got to make book and it won't happen with ibanking.
Bond Expert: Tuesday Wrap [View article]
When Hedgies Attack: Morgan Stanley Drops 40% on Rumors [View article]
Ongoing Market Sell-Off: It's Not The Short Sellers [View article]
Is Agriculture Dead? [View article]
Thinking About the Next Six Months [View article]
So the Perpetrators Are Now Our Saviors? [View article]