steve west's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/173947/comments http://seekingalpha.com/article/155196-expect-further-rise-in-the-s-p-500?source=feed#comment-624145 624145 from his profile it sounds like he is a rank amature]]> Mon, 10 Aug 2009 19:38:08 -0400 from his profile it sounds like he is a rank amature]]> http://seekingalpha.com/article/80922-the-fed-s-coming-rate-hikes?source=feed#comment-183580 183580 Wed, 11 Jun 2008 14:50:40 -0400 http://seekingalpha.com/article/78622-conditions-of-new-bull-market-20-or-more-drop?source=feed#comment-173190 173190 Sat, 24 May 2008 12:23:07 -0400 http://seekingalpha.com/article/77024-a-hard-time-ahead-for-the-bond-markets?source=feed#comment-167211 167211 go back to your Marx reader Mr. C. the only thing that is dead is your ideas. We are doing fine without you]]> Tue, 13 May 2008 23:41:10 -0400 go back to your Marx reader Mr. C. the only thing that is dead is your ideas. We are doing fine without you]]> http://seekingalpha.com/article/76311-even-buffett-isn-t-perfect?source=feed#comment-164606 164606 you would see that he said at the recent BH meeting that we are in for a prolonged period of pain- However he WAS wrong- and so are you ]]> Fri, 09 May 2008 01:57:24 -0400 you would see that he said at the recent BH meeting that we are in for a prolonged period of pain- However he WAS wrong- and so are you ]]> http://seekingalpha.com/article/75838-u-s-economy-is-expanding-not-receding?source=feed#comment-162973 162973 Tue, 06 May 2008 18:52:50 -0400 http://seekingalpha.com/article/75613-stay-clear-of-traditional-asset-classes?source=feed#comment-162394 162394 Mon, 05 May 2008 23:31:10 -0400 http://seekingalpha.com/article/74845-real-estate-and-financials-sell-the-rally?source=feed#comment-162259 162259 Mon, 05 May 2008 17:02:31 -0400 http://seekingalpha.com/article/75400-fed-pumps-more-money-into-the-economy?source=feed#comment-161131 161131 Sat, 03 May 2008 11:23:36 -0400 http://seekingalpha.com/article/74205-stock-market-overvaluation-and-the-passive-investor?source=feed#comment-157496 157496 Sun, 27 Apr 2008 12:56:40 -0400 http://seekingalpha.com/article/74255-there-is-plenty-to-fear-in-this-market?source=feed#comment-157486 157486 You go bill- Keep fearing the market while I keep making money
anyone listening to you the past 3 years really has much to fear
why dont you just go back to your fishing boat and quit being so scared]]> Sun, 27 Apr 2008 12:37:53 -0400 You go bill- Keep fearing the market while I keep making money
anyone listening to you the past 3 years really has much to fear
why dont you just go back to your fishing boat and quit being so scared]]> http://seekingalpha.com/article/73839-money-flows-into-the-market-what-they-re-telling-us?source=feed#comment-156089 156089 In fact keep your money under the mattress - the market is headed higher and that is just the way of the world]]> Thu, 24 Apr 2008 16:12:14 -0400 In fact keep your money under the mattress - the market is headed higher and that is just the way of the world]]> http://seekingalpha.com/article/73508-market-beaten-back-right-on-schedule?source=feed#comment-155606 155606 Wed, 23 Apr 2008 22:01:34 -0400 http://seekingalpha.com/article/73540-will-u-s-markets-crash-now-or-later?source=feed#comment-155554 155554 Wed, 23 Apr 2008 19:00:15 -0400 http://seekingalpha.com/article/73540-will-u-s-markets-crash-now-or-later?source=feed#comment-155551 155551 great academic theory... too bad you are wrong and "real life" does not work that way... however keep calling for the crash. I am sure you will be correct in 4-7 years.
Now if you excuse me I need to get back to making money in the real world.. not this theoretical Macro- model that you have dreamed up]]> Wed, 23 Apr 2008 18:57:57 -0400 great academic theory... too bad you are wrong and "real life" does not work that way... however keep calling for the crash. I am sure you will be correct in 4-7 years.
Now if you excuse me I need to get back to making money in the real world.. not this theoretical Macro- model that you have dreamed up]]> http://seekingalpha.com/article/73343-international-exposure-helps-earnings-but-not-necessarily-domestic-market?source=feed#comment-154965 154965 Tue, 22 Apr 2008 21:01:13 -0400 http://seekingalpha.com/article/73187-friday-s-rally-just-a-short-squeeze?source=feed#comment-154294 154294 sorry- the charts in the background of your picture got me all flustered. ]]> Mon, 21 Apr 2008 17:10:36 -0400 sorry- the charts in the background of your picture got me all flustered. ]]> http://seekingalpha.com/article/73187-friday-s-rally-just-a-short-squeeze?source=feed#comment-154270 154270 what is surprising is your continued propaganda about this "bear market"
I love the way you try to downplay anything
first of all the fact that gains were held at all after the rally on Friday would suggest a follow through and NOT a short squeeze.
a Short squeeze would have much higher volume- besides speculating on if this was a squeeze or not is pointless.
now to your point on the 109 members who responded to the survey.
Funny how only 30% said we are headed for a recession. However you, like the AP tend to focus on the negative. I hardly call 30% dowbeat.. are the other 70% just not factored in.
As Dick Green noted last week:
The economic data this past week, apart from housing, were undeniably good. In what is supposedly worsening recessionary conditions:

March retail sales were UP.

March industrial production was UP.

The March leading indicator index was UP.

None of these were particularly strong. Retail sales were up just 0.2%, industrial production 0.3%, and leading indicators 0.1%. But each was DOWN in February.

It is very noteworthy that not only did a further deterioration not occur, the trends actually reversed. These data all fly in the face of concerns of a sharp downturn in the economy.

This raises the prospect that the economy will hang on in reasonably good shape until fiscal and monetary stimulus provides a boost.
specifically on BofA they reported this:
Like many of its peers last week, Bank of America's report was bad. Net income plummeted 77% and the company provided a cautious-sounding outlook. Still, it appears that the market continues to embrace the "better-than-feared" approach as shares of BAC are little changed in premarket trading.

Separately, it is likely to go unreported today -- or least be under-reported -- that Bank of America's total loans and leases increased 21% in the first quarter. We don't know about the media's take on that (well, actually we do), but that's not the sign of a true credit crunch.
my point is that you need to recognize when you are just wrong.
with a fed funds rate at 2.25 and profits meeting or beating and guidance notably better then expected your call for a beat market just is not happening.
]]> Mon, 21 Apr 2008 16:38:30 -0400 what is surprising is your continued propaganda about this "bear market"
I love the way you try to downplay anything
first of all the fact that gains were held at all after the rally on Friday would suggest a follow through and NOT a short squeeze.
a Short squeeze would have much higher volume- besides speculating on if this was a squeeze or not is pointless.
now to your point on the 109 members who responded to the survey.
Funny how only 30% said we are headed for a recession. However you, like the AP tend to focus on the negative. I hardly call 30% dowbeat.. are the other 70% just not factored in.
As Dick Green noted last week:
The economic data this past week, apart from housing, were undeniably good. In what is supposedly worsening recessionary conditions:

March retail sales were UP.

March industrial production was UP.

The March leading indicator index was UP.

None of these were particularly strong. Retail sales were up just 0.2%, industrial production 0.3%, and leading indicators 0.1%. But each was DOWN in February.

It is very noteworthy that not only did a further deterioration not occur, the trends actually reversed. These data all fly in the face of concerns of a sharp downturn in the economy.

This raises the prospect that the economy will hang on in reasonably good shape until fiscal and monetary stimulus provides a boost.
specifically on BofA they reported this:
Like many of its peers last week, Bank of America's report was bad. Net income plummeted 77% and the company provided a cautious-sounding outlook. Still, it appears that the market continues to embrace the "better-than-feared" approach as shares of BAC are little changed in premarket trading.

Separately, it is likely to go unreported today -- or least be under-reported -- that Bank of America's total loans and leases increased 21% in the first quarter. We don't know about the media's take on that (well, actually we do), but that's not the sign of a true credit crunch.
my point is that you need to recognize when you are just wrong.
with a fed funds rate at 2.25 and profits meeting or beating and guidance notably better then expected your call for a beat market just is not happening.
]]> http://seekingalpha.com/article/72967-many-investors-seem-to-think-the-worst-is-over?source=feed#comment-153862 153862 Sad to watch someone try to justify a losing position.
Sorry Joyce- and all the other weekend economists that come here- the worst is that you are missing out - but we will do fine without you ]]> Mon, 21 Apr 2008 00:27:56 -0400 Sad to watch someone try to justify a losing position.
Sorry Joyce- and all the other weekend economists that come here- the worst is that you are missing out - but we will do fine without you ]]> http://seekingalpha.com/article/72600-a-new-bullish-divergence?source=feed#comment-152011 152011 I like the odds too. The Bears are just wrong on this one and frankly have been for over a month... ]]> Thu, 17 Apr 2008 00:01:32 -0400 I like the odds too. The Bears are just wrong on this one and frankly have been for over a month... ]]> http://seekingalpha.com/article/72020-american-eagle-outfitters-wings-may-be-falling-off?source=feed#comment-150074 150074 I think AEO has bottomed out and I firmly believe that earnings will only get better from here. you buy when all the bad news is out.. ]]> Sun, 13 Apr 2008 21:09:56 -0400 I think AEO has bottomed out and I firmly believe that earnings will only get better from here. you buy when all the bad news is out.. ]]> http://seekingalpha.com/article/71498-have-we-bottomed-yet?source=feed#comment-147308 147308 I think we have bottomed and I am long retail ]]> Tue, 08 Apr 2008 20:21:03 -0400 I think we have bottomed and I am long retail ]]> http://seekingalpha.com/article/71256-bottom-pickers-rejoice-opportunity-lies-next-year?source=feed#comment-146078 146078 the market is a leading indicator while corp. default rates are a lagging indicator - meaning that companies and homeowners default at capitulation stage - the market anticipates this and would correct 6 months early. the author is about one year off in his timing]]> Sun, 06 Apr 2008 17:11:16 -0400 the market is a leading indicator while corp. default rates are a lagging indicator - meaning that companies and homeowners default at capitulation stage - the market anticipates this and would correct 6 months early. the author is about one year off in his timing]]>