karchad

Speculative Trading Indicates Rally Losing Steam

On Aug 29 06:34 AM rick12345 wrote:

> LOL... Another clown who thinks equity markets will fall back to
> March levels..
> I hope you all read the following article on the various idiots who
> tried to short sell AIG and had their fingers burned. If not, heres
> a link for you
> www.bloomberg.com/apps...;sid=avo4UmCFM2v8


Bravo to you, sir. The doomers/gloomers try to convince us that the market is filled with exhuberance and mindless investing, like early 2000. However, a quick look at newspapers, internet sites (like this one), will tell you that negative sentiment seems to outnumber positive by at least a 10-1 ratio (my informal research). I'm betting that, of course with some bumps along the way, this market will rise for the next two years.

Wednesday Outlook: The Bad News Is the Good News

I've been in DVY since 11/2003, and have an annualized yield still of just over 10%. Like any other investment, if you buy at the top, you suffer. If you buy decently, you can weather the bad times (and in fact buy more at low points). So his comment on DVY is a bit off.

Jim Rogers' Picks and Pans - Barron's Interview

I remember this guy on TV predicting massive inflation for 20 years. I guess if you predict anything long enough and wait, it will come about. He has very little credibility in my opinion.