ValueHunter

A Bad Day, Yes, But Enough with the Hyperbole

The problem with this "crisis" is that no one seems to understand why it is a "crisis". One day I read that because banks won't lend to each other, everyday business operations like payrolls, etc. are in jeopardy and threaten to shut down otherwise healthy businesses. That would be an emergency, but then the next day I read that that is not the case, that these arrangements are not in danger. Then I read that the credit gum up is putting the ability to borrow for expansion, mortgages, etc. under heavy stress. Well, that doesn't seem to me to be an immediate problem that needs fixing within 48 hours. I read and I read and I still don't have a clue as to what is happening or what any possible common sense fixes are. Honest experts that are studying the matter are confessing they don't know either. So on that basis, I find it difficult to support a 700 Billion bailout for gamblers and consider what has happened so far a correction. Are we on the edge of the Abyss? I have no idea.

Don’t Blame Wall Street - At Least Not Completely

He lost me at "we stand this day on the precipice of abyss", we stand at the edge of a precipice or abyss...oh wait, maybe he's right, like Wiley Coyote, we do indeed "stand" on a precipice of abysmal depths.

Are We There Yet? Not Even Close.

red

The U.S. on the Precipice

We can all thank Ronald Regan for what's about to happen.

Mid-Year Report: Is a Summer Turn-around Still Possible?

It's not the Republicans and it's not the Democrats, it's us. We want to hear a bedtime story, while sucking on a lolly pop and they give it to us while helping their friends sell us down the river. I'm sure sagesteve will continue to do fine, his sons will be in charge of the Chinese Reeducation Camps Corporation (Symbol CRCC in the SSE), Iksseven will be teaching Conversational Chinese and denying he ever liked Dick Cheney and Phil's mantra will be Nancy Who?

I hope Phil is right and Americans refuse to use any more oil but that which is absolutely necessary during a break neck transition to all the alts mentioned, but I doubt it. We've become, fat and lazy, have an absurd feeling of entitlement and are ripe for any demagogue to lead us to perdition with reassuring fairy tales.

What a Time to Be a Value Investor

Sell when you are down 8%? ROFLMAO! That's why your name is Jim and not Warren. I don't know if Todd has bought value or value trap stocks, but I've been buying all year and I'm up slightly. I'm hoping my stocks all go down 50% over the next few weeks so that I can back up the truck.

Just Your Average Bear Market

You are an idiot for not realizing that this is different. Sorry, couldn't resist. Actually, I think it's the same, only more so...