dananoah

Closed End Fund Fire Sale

I would assume most people would be staying away from closed end funds. Especially those at discount to NAV. Usually big discounts to NAV mean big troubles. Closed end funds can be complicated to figure out and pinpoint the problems causing the depressed NAV.

Nowhere to Turn: This Bear's Different

Another thing to keep in mind. The baby boomers are beginning to retire. Money will becoming out of stocks, bonds, etc. Especially now since their networth was but by 50 to 65%.

The market may bounce after this recent tumble, but the long term trend is down.

Nowhere to Turn: This Bear's Different

Yes its different. Basically the only word to describe it is greed. The american risk level is much hgher than it has ever been. This not only applies the the general public but also to the CEOs of most companies. Value investing use to be the norm now momentum trading is the norm. Pressure is on CEOs to grow, Growth, Growth, Growth and all expense. This means moving factories and jobs out of the country, taking on riskier projects, etc.

Another problem is Americans themselves, they want to become rich overnight. We have become lazy and stagnant. We spend more than we save. Lets face it even the government feeds this. Their stimulus was for spending, not for paying off debt or saving.

On top of our higher risk levels money supply has grown debasing the dollar to the lowest level its ever been. America has gotten away with this because most of the free world pegs there dollars to the US dollar. Once they lose faith in our dollar the real collapse will begin.

Nvidia - Ouch!

NVDA at this price is a perfect takeover candidate. NVDA is still best breed in graphic cards.

AllTel Tellall - Cramer's Mad Money (6/5/08)

I recall Cramer on CNBC calling the Nuecor Secondary a stupid move by the company. Now he is saying it was a buy buy buy.

I also remember him touting Yahoo a play than a week later he is bashing the stock.

Time To Abandon Stocks?

I think this is just the begiining. Businesses start to feel the higher prices of oil and everything else unemployment with skyrocket. Once this happen the housing crisis / foreclosure will double from what is now. Hoping the glabal economy will continue to perform well is just that hope. We are starting too see inflation pickup around the world. This may be just the beginning to worse things to come. The experts have no idea whats going. SOme think its over, some think its just the beginning and some just change there mind everytime we get a dead cat bounce.

4 Sectors to 'Buy in May'

Advising to buy small stocks after a market corrections is definitely a gamble.

4 Sectors to 'Buy in May'

We rare that a money manager / researcher admits he has no idea whats going on. So kudos for that. I think it times like this that we really find out who the creme of the crop is and who is not.