Bryanb

Buffett Warned Us in 2003

Apppro he has helped us by warning us of the dangers, but "you can take a horse to water........."
Nicky Sox was created to make it more difficult for company management to steal from shareholders. It seems to have worked, because that is not the problem now. The problem now is that those socialist wimps on Wall Street (previously Capitalist Kings) got too greedy, just like company management did pre-2001. I agree, SOX is onerous, but if derivatives, shorting, etc. had had that kind of oversight and disclosure, then maybe we would have been spared some of this excessive turmoil now.

Are Hedge Fund Programs Driving the Market?

I agree with Skoodog. Now you know what they are doing, create a strategy to benefit from their greed and fear (and be nimble).

The Current Bear Market: Death by a Thousand Cuts

Great article. I agree with (and fear) most of your predictions.

We have not yet hit a long term bottom, because there is still hope out there. We need complete capitulation and no hope for the better to reach that.

I have been short the past 2 months and this week covered my shorts and went long (hoping for a short term rally), so I am experiencing your slow torture firsthand.

It seems that a sound energy policy is something the US needs long term, but do either of the candidates have this as a priority? Wouldn't a short term fix for the US economy be a lower oil price? How could your authorities shake out the oil speculators to achieve this? So many questions to which I would love an answer.