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  • Financials: How - And When - We Reached the Bottom [View article]
    Every quarter, with these 'better than expected' earnings, bulls crawl out of the bushes and start screaming victory. Give them a couple of weeks till reality sets in.
    Jul 22 13:16 pm |Rating: 0 0 |Link to Comment
  • Financials: How - And When - We Reached the Bottom [View article]
    Just like most folks on this site, I'm no expert at this. But let's consider people on opposite sides of this 'bottom vs. no bottom' debate:

    No bottom: Jim Rogers, Soros, John Paulson, Phil Falcone, Jim Chanos
    vs.
    Bottom: Hank Paulson, our trusted govt., Bill Miller, author Tom Brown

    First, we have a list of investors who have had a very long record of being right and succesful and who continue to bet against the financials and sell the rally (see WSJ today). Then we have the Pollyanas like Miller who's actually ranked in bottom 28% of fund managers by Morningstar for his 10yr performance and Tom Brown who's had a mixed record at best with his blunders like First Marblehead and CCRT.

    Its a rout for the no-bottom team.
    Jul 22 12:48 pm |Rating: 0 0 |Link to Comment
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