Another Crisis Looms Right Around the Corner [View article]
You are speaking to the choir!
Can you believe we are having a bubble within a bubble? Trend is back to more debt!!!
If you own stock...Take your profits nimbly and quickly. In this environment, be a trader not an investor, for those who dally, may see their profits and investments evaporate!
Wall Street Breakfast: Must-Know News [View article]
One earlier poster wrote:
You don't quite get it do you? The banks are fabricating their numbers! The abandonment of mark-to-market allows these guys to use any of five different ways to value assets. Basically they start at the bottom line and work their way backwards. You'd have to be a fool to believe anything they say.
Wonder what the numbers would reveal if all the toxic debt and CDO's were allowed to be factored in? Treat financials as a short term trade only!!! Take your profits and hit the exits!
This Recession's Not That Bad - And We're More Than Halfway Through [View article]
Andy, my only hope for you is to please put your $ where your sentiments are if you think we are halfway through this recession and you are bullish; then you can publish another article in 6 mos. or so and tell all of us naysayers how incorrect we were. And I hope you are correct...
I trade daily and try not to look forward more than a week @ most and agree with most of the other replies that there is much more downside going forward.
User 223799 you stated that real estate professionals have told you that the market has indeed bottomed. Maybe so in your area as all real estate is local. Hope you are correct.
I am a Realtor and member of the NAR and will be the first to admit that you cannot believe a "damn" thing most Realtors tell you as most are struggling to survive. I will give you an honest assessment in my area is that the industry is in crisis and it will be a lengthy drawn out period b-4 it improves.
Young Jeezy's 'The Recession': I Think We’ve Bottomed Out [View article]
In '08 the market hit lows in mid March, and after a bear market rally, tanked again on July 15. May see another decline by October. May or may not surpass the July lows.
BAC in the upper teens again; it is possible. Wish I knew...
Another Crisis Looms Right Around the Corner [View article]
Can you believe we are having a bubble within a bubble? Trend is back to more debt!!!
If you own stock...Take your profits nimbly and quickly. In this environment, be a trader not an investor, for those who dally, may see their profits and investments evaporate!
Creating Debt to Reduce Debt Doesn't Work [View article]
Wall Street Breakfast: Must-Know News [View article]
You don't quite get it do you? The banks are fabricating their numbers! The abandonment of mark-to-market allows these guys to use any of five different ways to value assets. Basically they start at the bottom line and work their way backwards. You'd have to be a fool to believe anything they say.
Wonder what the numbers would reveal if all the toxic debt and CDO's were allowed to be factored in? Treat financials as a short term trade only!!! Take your profits and hit the exits!
Yesterday's Rally Is No Silver Bullet [View article]
This Recession's Not That Bad - And We're More Than Halfway Through [View article]
I trade daily and try not to look forward more than a week @ most and agree with most of the other replies that there is much more downside going forward.
Last Gasp of a Doomed Currency [View article]
I am a Realtor and member of the NAR and will be the first to admit that you cannot believe a "damn" thing most Realtors tell you as most are struggling to survive. I will give you an honest assessment in my area is that the industry is in crisis and it will be a lengthy drawn out period b-4 it improves.
GDP Shows Economy Is Far from Recession [View article]
Barry Ritholtz, call it like it is... Appreciate honesty rather than "fluff" Wait until the revised figures come out in a few mos.
Young Jeezy's 'The Recession': I Think We’ve Bottomed Out [View article]
BAC in the upper teens again; it is possible. Wish I knew...