momomiester

Two Big Bounces: 1929 vs. 2009

I am not really bullish here but this comparision to 1929 on a chart is kind of silly. We did not have such a diversified economy back then. There were no computers, health care, entertainment was at min. Mutual funds didn't exist and people didn't have financial planners or other long term instruments geared for retirement. The economy during those days was mainly heavy industry and manufacturing so to assume that the market will do the same is really pushing it. Plus, the socialized part of our economy will provide some lift in certian areas. I just think things are more complex than that.

Tuesday's Fireworks Were Basically Meaningless

I think your just grumpy cause your fingers are tired typing out all those "X" and "O"...Of course one rally is useless. It has to be confirmed later by a follow through rally but hey it is better than going straight down.

Preparing for Thursday's Mark-to-Market Meeting

You know I don't like some of those on cnbc and have been screaming about how some are so popular but are always so wrong but the reality of Stewart making a show around them speaks something. This is like the top of the real estate market and how we got shows about flipping your house. When the common guy is talking about something and how good or bad it is the trend usually changes. Ring! Ring!

Investor Capitulation: What to Watch Now

I think vix works better as and indicator when it has some correlation both inverse or not within a certain time frame. Notice in Oct-Nov..the Vix was climbing and climaxed with a parabolic chart formation. Today the vix is sideways as the market has been plundging. What this might show is lack of put buying at these levels but the serverity of the decline should have bumped the VIX more. I don't think at this level you can rely on it or assume it is going to plundge to indicated capitulation. Also, I doubt with some finacials so low much put buying was bought so the vix might be off.

Dow Heading Toward 5,000 and 'Permanent Capitulation'

If everyone expects something to happen such as a capitulation, how is it going to happen? Usually, capitulation is a panic. And panic is a reaction to fear from an unexpected event. The markets been down for a year and many sectors have capitulated. People are crushed to the point they are not even looking at their portfolios so I doubt there is going to be more of a shock to capitulate like everyone expects.
The pattern might be much like a crushed stock, straight down then sideways and a basing pattern followed by an upturn. Also, look at the VIX. It has been sideways due to not many people buying puts down at this level.
Also, if your not dollar cost averaging down here, how do you expect to get in when it turns? The initial move will be huge and most gains will be realized by those who have been buying and averaging.

Will Najarian's Prediction of a Stock Market Explosion Come True?

Your forgetting the shell shocked factor. You really think with this administration and how they change midstream anyone is going to buy Citi or any of those assuming something is going to happen? They have been crushed and major institutions can't gamble that event is going to happen. So does mark to market get pulled? Who knows. It is out there but nothing is a done deal in this market so it is a sweat gamble.

12 Reasons Stocks Will Decline in 2009

Remind me not to invite you to my economic party coming up. Definetely would be a buzz kill and the ladies don't like that.

How Will the U.S. Savings Rate Grow?

So how is this good without earnings growing just as fast? If people are saving more they are spending less. That means less demand for products and that means less jobs. Which leads to less earnings and savings. Think about it.

What Happened to the American Dream?

And not as bad as Dumbya? Yeah draft our kids so they can fight the corporate wars.
I hate to tell you buddy but each generation is the same due to human nature is the only true contant. The only diffence today is the outbreak of the media and communications like the internet. If you put these technologies back during the "greatest generation" they would of done the same thing with it.


On Dec 25 09:19 AM PrudentMan, CFA wrote:

> The Baby Boomers, that is what is wrong with America today. They
> are self-centered, wasteful, irresponsible, disrespectful, vulgar
> and self-indulgent.
>
> The Baby Boomers squandered the legacy of the "Greatest Generation".
> Bring back compulsory military service for everyone over eighteen,
> no exemptions as everyone can do something for the good of the country,
> and we may get some discipline back into the country.
>
> The Obama/Hillary Administration will be the worst since Carter.

U.S. Economy: There Are No Problems, Only Solutions

You got to be kidding me. If all these things were put into place the country would crumble into a heap. Do you give any thought to cause and effect? Some of these suggestions are good ideas but as with your heart attack analogy, if you send the guy off to exercise, eat healthy, reduce stress before he is stablized, he would drop dead.

Also, after John wrote his Imagine song, he created Nutopia at the Dakota,where he wanted to live out the whole idea behind song. But as in fantasy must be interupted by reality he was gunned down outside of "Nutopia" proving that desire of a utopia or proper behavior by mankind is great, but there is such a thing as "human nature" the only true constant throughout time.

Why This Bailout Can't Work - And What Will

Ahahahahha ....yeah ok.. You know the article was going well till you went off the deep end about getting rid of taxes, firing people, lowing minimum wage and cutting corporate taxes then getting rid of the voting rights of people that don't pay taxes......I hope you own a gun and your good at using it cause you are going to need it with the anarchy that breaks out of a result of your convoluted plan.
It really amazes me some of the ideas of so called experts. It is like they lost their mental capacity of cause and effect...
Hey why not just tell everyone "let em eat cake" oh and no complaining if you get a very severe sore throat as a result of the torch welding villagers wrath.

Why This Bailout Can't Work - And What Will

hahaha. Oh my. Yeah ok. You must live in a fantasy world to think that would work. Cut all taxes, all services minimum wage that would just inflate the economy to the stars and take care of all of this. And only taxpaying citizens are allowed to vote?
I hope you carry a gun and you are good at using it cause your going to need it when the masses start rioting and looting. If you keep preaching that type of insanity your head will be the first they put on a spike.
It really amazes me the mentality of so called experts that get published. It is like they lost the ablility to think out cause and effect.
Or is it an elitist attiude that ignores history....Hey just say.."let em eat cake"...