SivBum

Russell 3000 Stock Performance YTD

Geenspan's irrational exuberance speech was made over 10 years ago in 1998. That's more than a few years ago. He made the internet bubble by flooding wall street with y2k money. His follow-up act was depressing fed rates for too long and watched over the Housing bust.


On Feb 13 04:33 PM 2bagboy wrote:

> It's amazing that only a few short years ago Greenspan call the bull
> 'irrational exhuberance', yet today the small cap is being pummeled
> for unjustifiable inexhuberance. I track about 100 small cap value
> growth (stocks Buffett would buy if they were bigger), I invested
> in Lifecell in 2001 at less than $3 and road it to above $40. But
> I have never seen the opportunity that exists today.
> In order to make my watchlist a company needs to have doubled rev
> in the past 3 years and have D/E less than .25 (0) in many cases.
> Of these 30% are selling at or near cash. 40% at or below Net Asset
> Value. 100% have positive earnings.
> This doesn't make one bit of sense to me.
> There are boundless investing opportunities, unlike any we (our generation)
> has ever seen. But the detractors who wish to steal our money by
> filling the market with panic and hysteria continue to have free
> run. The DC leadership needs to take measures that calm the investment
> community quickly or there will not be enough money on earth to stimulate
> an economy being manipulated by ultra-rich greed mongers.
>
> Disclosure. Long on belief in my fellow Americans, short on the greedy
> short artists.