bongo_dongo

Overbought Stocks

fools, dolts. clowns, we are witnessing the mother of all sucker rallies.This market IS being manipulated. If you've made a nice gain get out soon. if you're still trying to recover that staggering loss ending in March, don't dither too much longer. This market will correct with a vengeance by mid October. You heard it here first, we'll touch the previous lows and then move sideways for a LONG TIME

Why Another Stock Market Collapse Could Be Imminent

You described my situation exactly. Like you, I am on the sidelines and intend to stay there for the foreseeable future. I firmly believe this article is more right than wrong. Avoiding the disasterous losses that have occurred and will occur again before year end will ensure I am not going to have work into my late 60s. Right now That's somewhat of a comfort that I talked myself out of getting back in for this bear rally. Good luck to you


On Aug 06 10:46 AM User 410955 wrote:

> "History repeats itself" so the saying goes. "This time will be
> different" so says another often heard tidbit of wisdom from some
> market gurus. I am not a speculator but an investor...just an average
> joe who spent 30 years investing in mutual funds....never a single
> issue. I based my market timing on common sense and viewing comments
> published by some very savvy economist. They told me to get out
> of the maket in 1999 and jump back in 2003. They told me to get
> out in 2007 and stay out indefinitely. I followed this wisdom which
> for it's sound and basic economic reasoning mirrored my own instincts.
> My only regret is that my instinct told me to place some of my wealth
> back into the markets a few months ago....but I refrained. I would
> have gotten out after half of the present gains....and this would
> have given me the gains needed to retire. However, I have to calculate
> what my losses, or at best, a decade of no gains would have resulted.
> Had I stayed fully iinvested during this decade's two crashes, the
> gains of the past few months would have not amounted to half of what
> I would have lost. In my view, the rational that we are not sinking
> as fast has fueled this market rally and reality will again become
> visible to the individual investor and the markets will again punish.
> I hate to see my portfolio remain in fixed income but I believe this
> time will be the same as the great depression markets only different....much
> worse. I have only to look at Japan and the pounding and almost
> two decades of no recovery their markets have endured. However,
> they are a nation that is without massive debt and their population
> is that of personal savers....yet look at their markets! In this
> country, we are not savers but borrowers and our national deficit
> is beyond belief. Am I missing something or does this portend impending
> doom for the US stock markets?

The Reagan Counterrevolution

You are an idiot. You have little grasp of the forces unleashed by electing a man with no history to guide his decision making save that he is a social engineer with a marxist bent. The fools in this country will rue the day they put this socialist in office. The equation that made this country great is liberty + equality= prosperity. Focusing on the equality element has unbalanced the equation. Absolute equality is the marxist doctrine "to each according to his need from each according to his ability" Get ready, because if you really are a working stiff you'll feel the pain much more than the super rich which can shield their wealth. you and I will fund the 50% who won't pay to support this country ( taxes) any longer. Ask yourself this question genius, does anyone truly value what they don't contribute to? Liberty will die off under the Obamacrats and we and our children will be the worse for it.

On Nov 09 08:27 AM User 294358 wrote:

> So... still... the only important thing in all of this is your "portfolio"?
> And you'll still support anything that boosts your portfolio no matter
> what it does to the rest of the country? And you'll oppose anything
> that levels the playing field between Wall Street parasites who make
> their living sucking the life's blood of this country and producing
> nothing while the people who actually work for a living go without
> basic necessities in order not to adversely affect your "portfolio"?
>
>
> Is there anything... anything at all... that might take precedence
> over a slight reduction in the amount of wealth in your "portfolio"?
> Are you truly so greedy... so selfish... that you would outsource
> the wealth of this country to one of those with "freer" economies
> (Communist China I presume) if any attempt were made to lower the
> gap between your "portfolio and my dinner table and reogn in the
> stupidity that brought us the current debacle in which you and your
> ilk remain bulletproof while we working stiffs take the hit for your
> stupidity and greed?
>
> Excuse me again, but isn't outsourcing most of the decent jobs and
> much of the investment in this country something you've already been
> doing for a while now?
>
> Of course I've gone on way too long but attitudes like yours, based
> on maintaining the Wall Street stranglehold on the wealth of this
> country was most likely the main reason Obama was elected in the
> first place. Just what the hell do you accomplish by threatening
> to take your little marbles and go somewhere else to play if he doesn't
> continue the exact same policies that brought us the biggest financial
> meltdown since 1929?
>

Everything They Tell You About Solar Is Wrong - Travis Bradford

Travis looks very young in his picture and his outlook on solar is just a green, no pun intended. Do some simple math take your current total electric bill including energy, fuel, taxes, franchise fees and divide it by the KWH you used it should be between 7 cents and 18 cent per kwh. That total includes transmission and distribution costs. Now what Travis didn't tell you that is that the most efficient solar technology today is 12 times more expensive per kwh than the most expensive current utiltiy cost. With govt grants and tax breaks the payback on a residential installation on that cost differential is 28 years. One other minor problem he doesn't mention is with solar you need storage capacity,under the best of conditions the sun only shines 12 hours per day. Now if you follow the electric car industry you know battery technology is very limited. Oh one last little problem with his theory, and it is just that. There is not enough manufacturing capacy for photovoltaics to replace the load he is projecting with current solar, and thin film technolgy won't be capable of mass production on that scale for many years. There is no magic solar bullet even in the distant future.

Passive Investing Wisdom from Taylor Larimore

The comments show the that lack of sophistication of the writers. They obviously haven't heard of modern portfolio theory or the efficient frontier. This is what Taylor is advocating. Ignorance has a price and you will pay it. He wised up. if you listen and learn you may also.

Double Whammy: Bank Card Companies May Be Next

OMG, if this plays out as the author suggests in his well thought out analysis, we are in for an even sharper downturn in the US economy than anyone has been led to expect. Most certainly by the FED, and since they are about out of ammunition we are in for some tough sledding. We're definitely not in Kansas any more TOTO. This could rival the 30's in terms of impact.