Cramer's Stop Trading! The Bears' Big Bluff (4/17/09) [View article]
One way to look at the situation is from value point of view: 1. Is there value to keep cash that is bringing in only low income, so low that any devaluation and/or inflation will wipe out any such income, particularly if the economy gets worse? 2. Is there value to buy commodities that will drop in price if the economy gets worse? 3. Is there value to buy gold at current high price if the market capitalization gets worse, making gold at such price to be unaffordable just like oil at $150 a gallon? 4. Is there value to invest in reasonably good companies with responsible management to revitalize the economy? 5. Is the management of the financial markets is being corrected from past excesses, including effective restriction of uncontrolled short selling by speculators? 6. Is people realizing the problems associated with their indulgence in wasting resouces, greed, speculative trading, unaffordable living styles, etc, etc?
The market has hope if we hear more "no" to questions 1-3 and more "yes" to questions 4-6; I am beginning to think so.
Cramer's Stop Trading! The Bears' Big Bluff (4/17/09) [View article]
1. Is there value to keep cash that is bringing in only low income, so low that any devaluation and/or inflation will wipe out any such income, particularly if the economy gets worse?
2. Is there value to buy commodities that will drop in price if the economy gets worse?
3. Is there value to buy gold at current high price if the market capitalization gets worse, making gold at such price to be unaffordable just like oil at $150 a gallon?
4. Is there value to invest in reasonably good companies with responsible management to revitalize the economy?
5. Is the management of the financial markets is being corrected from past excesses, including effective restriction of uncontrolled short selling by speculators?
6. Is people realizing the problems associated with their indulgence in wasting resouces, greed, speculative trading, unaffordable living styles, etc, etc?
The market has hope if we hear more "no" to questions 1-3 and more "yes" to questions 4-6; I am beginning to think so.