ajhough

Don’t Buy What Wall Street Is Selling

I keep looking at these markets and can only wonder. I can't imagine what the earnings will be next year and buying on trailing earnings is nothing but guess work. Even the oil stocks are going down since investors can not figure what the price of oil will be next year. I am looking at AIG and would add to my portfolio if I could understand what the markets will look like next year. The banks are going down hard since they had no idea what is
risk management. The options markets are being run in London and the FTC has no idea about what is going on. Next year must be an improvement.

Still Too Early For Banks

Still too early to nibble at banks, small or large. I have suffered the losses on financials during the first quarter and didn't see the train coming. Pardon the metaphors...

Why It's Time to Be Invested in the New Recession

galewhitaker is about correct. We are watching the dollar implode, oil explode, food riots around the world, and are living on borrowed money. We are exporting dollars to the middle east by the bales, have no policy, and are indifferent to the plight of our own people. It is much easier for Iraq's citizens to obtain school, medical, and intrastructure aid that our own states. And...we will probably vote for four more years of the same...