truthteller

Sell Off Ahead? 25 Ways to Profit and Protect from a Stock Market Correction

I have learned that jumping in and out of stocks can be very foolish. There's a certain degree of wisdom to removing cash from the market, when you know there's a deep recession on it's way. However, buying on the way down or selling on the way up is a very good way to lose a big chunk of cash. It feels like we're due for a pullback eventually, maybe in September, maybe not. Sometimes, it's best to just ride out small pullbacks and hedge using some short positions or pull out of stocks for major corrections.

Bank Earnings: Revenues Falling, Losses Rising

Another interesting read, I am especially impressed you caught onto the Bank of America profit by asset sale. However, I find it amusing to state we are in the midst of the great depression. You probably should be a little honest and let people know that depressions, recessions and recoveries are all always identified using hindsight. Most honest folks will tell you that it's difficult to predict where the economy goes from here. I think it probably will go down a little bit more before it gets better, but I'm not entirely sure about that either. Sometimes, things improve or get worse for no reason at all. I wouldn't take depression off the table, but I wouldn't say we are in one either.

Another, point we agree on is Bernanke is an idiot, who's lying to everybody. I treat most information from him with a grain of salt.

Also, I think you are dead wrong on inflation, at least for the time being. You can't have your cake and eat it too. Either the economy improves, or worse-case scenario stays moribound and inflation returns. The other option is the economy deteriorates, demand for goods/services drops, prices fall and deflation is present. If I remember my economics correctly, stagflation can also occur with no recovery and no inflation.