Seeking Alpha

DaveW » Comments » Single Comment |

  • John Hussman: Buying Near the Bottom [View article]
    You might be right, that it is comparing apples/oranges to call current events similar to the Great Depression. But, what is different by way of quality could be similar in quantity (read: magnitude). It is documented that there are nearly $1 Quadrillion (with a Q) of unregulated derivatives outstanding. If even 1/10 of 1% of these are bad we are looking at $1 Trillion in losses, and we might not even be that lucky. It's safe to say this could be quite bad for equities. While I agree that it's buying 'near' bottoms that make a great investor, I am genuinely concerned we are not near it.
    Dec 09 12:44 pm |Rating: 0 0
All Comments by DaveW »
Comments by Ticker
AA, AAPL, AAUKY.PK, ABK, ACH, ACI, ADM, ADP, ADRE, AEM, AGG, AGU, AIG, AINV, ALSK, AMZN, ANR, APA, APC, APL, APWR, ASF, ATN, AVR, AWF, AXL, AXP, BAC, BBBY, BC, BGZ, BHI, BHP, BIL, BKF, BP, BPL, BSV, BTU, BWX, BZH, C, CBG, CEO, CF, CFC, CHA, CHK, CHL, CHU,
DaveW's
Comments Stats
373 comments
Rating: 263 (422 - 159 )