frankie cooper

Thursday Outlook: Commodities, Global Markets

my thoughts and prayers go out to you and your family. god bless and may francie be well and your family get through this calamity quickly and smoothly.

Time To Abandon Stocks?

"If you wish to enable the rich to get richer by buying the stock they bought from you in the last decline at a 50% or higher markup then go right ahead and buy it from them Bagholders." -

huh? you are contradicting yourself. the rich always get richer when the sheeple who read the WSJ or BUSINESSWEEK panic and sell - the smart money is there to get the shares at a discount.
its pitiful, really.

i love articles like the ones in the WSJ and BUSINESSWEEK. they signal a turnaround in the market. when they yell "BUYBUYBUY" , its too late to the party and when they "SELLSELLSELL", you are probably leaving way to early.

no one can predict the stock market, folks.
want to succeed people? be nimble. learn how to short stocks. make money whether the stock market rises or falls, but let's all remember - the stock markets TEND TO RISE, and the OVERALL LONG TERM TREND is RISING. walk carefully, and don't listen to the chicken littles (who would have you digging a fallout shelter - geez!).

Time To Abandon Stocks?

good article.
EGG - i don't understand your criticism of the article: "one major problem with your article is that in 1979 the stock market had been in a bear market since 1966...today we have been in one for less than a year. There hasn't even been a full calendar down year in this bear market."
how does that change the fact that the BUSINESSWEEK article (or prediction) was WRONG? perhaps the fact that the "bear market" we have been in (for less than a year), should make the WALL STREET JOURNAL that much MORE cautious about publishing a doom-and-gloom article on its front page....

cathy is right on about the fact that NO ONE can predict the future. i, for one, am fed up with these pundits (most of whom are financial JOURNALISTS) make these sensational claims. don't they realize that they usually wind up looking rather foolish?