nycDem

Bullish for the Time Being

I also enjoy reading your work. Thanks.

The Bubble of Uncertainty Is About to Burst

The author called 35$/barrel oil when it was at $150/barrel. Everyone laughed and called him names.

If I had only listened to him I would've been rich.

The most dangerous phrase in investing: "This time it's different."

We are in a recession. We will emerge from it. If you buy over-sold equities now in strong companies you will emerge a much wealthier individual.

Sadly, I bet most of the people posting negative comments here were convinced we were going to Dow 20,000 (or $400 oil). And now they're equally convinced we're going to Dow 2,000. The yappings of an hysterical crowd amped up on doomsday propaganda.

No, this time it's NOT different. It's just an economic cycle...and the smart money is positioning itself accordingly.

Cheers.

Looking for Hope

Keep God out of this. I didn't believe in him yesterday...and I believe in him a lot less today.

Obama Is Bad for the Economy - Barron's

I was going to get a subscription to Barron's. But not any longer.

Yep, taxing the "rich" is going to hobble our economy. Because taxing the poor and the middle-class over the last eight years (both directly and indirectly - through skyrocketing education, medical and energy expenses) has done so much for the American economy!!

The Republicans need to go. Before it's too late.

There's nothing wrong with being rich. But there's a LOT wrong with being greedy and hypocritical. And that pretty much sums up the Republican party. Remember what Bush memorably said? "This is an impressive crowd - the haves and the have-mores."

A more swaggering cast of feckless, sanctimonious chicken-hawks has never walked across the nation's stage before.

The Barron's article is utterly pathetic. The last gasp of a pathetic, villainous oligarchy before being stampeded in the storming of the Bastille.

U.S. Markets: A Ton of Doubt Calls for Caution

Agreed. Great article. Incredibly well-researched, etc. Need more of this at S.A.

Question for everyone: what was the catalyst for the latest rally coming off the recent March low? I can't recall. We will need something similar to reverse the current trend or I suspect the Dow will be breaking below the March low of 11,740.