Mountain Fist

36 Opportunities for the Beginning of the Bull

Bill, I generally enjoy your analysis and articles. I believe in buying when others everybody is selling. I completely disagree that this a time to buy stocks denominated in US dollars. The foreign markets will be buyable long before this country is. We may see another 40-60% drop in valuations in this country before anything resembling a long term bull market happens in this country. This country has to undergo a fundamental change in the way it's people think before the markets will go up meaningfully again. In my opinion, that is years away, not happening now.

Not catching this falling knife, I am out and in cash. There will be other ways to make money, but it won't be by going long stocks denominated in US dollars. I'll look to buy in the next 5 years or so, but we've got a LOT more downside to go.

Appetite for Risk? Buy Some RIMM

Apple is a great company and an amazing innovator, I agree. There is also no way the iPhone could touch the usefulness of my Blackberry at this point. I am an executive who is attached to my "Crack"berry like glue, and would not trade it for an iPhone. Maybe an iPhone for personal use in the sometime down the line, yes. Underestimating RIMM's potential in this global market is a true bonehead move, as underestimating Apple's potential has been for a long time. These are both well run companies. This won't be GAME OVER for quite some time. With the right timing I would own both of these.