drewriders

Remember $20 Oil? Looks Like It's Coming Back

Don't believe it. It feel to $35 when the financial world was coming to an end. I would be surprised if it fell under $50 again.

Another Crisis Looms Right Around the Corner

Runaway!!!

Why This Is No Time for Buy and Hold

Manipulation is making me money for the moment. You can't control it so you might as well benefit from it.

California - And by Extension the U.S. - Headed for Permanently Smaller Economy

I agree. All these individuals that disagree with you (read thumbs down) have their collective heads in the sand. The decisions by our leaders has become reactive instead of proactive. Trading long term sustainability for short term popularity. I diagree with your point on transportation though. That is one of our biggest problems. We are involved in too many nation building exercises across the world and we have ignored our own infrastructure and the welfare of our own citizens. We have, in essence, become Rome.


On Jul 07 04:28 AM Wizler wrote:

> Great article! Agreed that there needs to be a major re-set, globally.
> US growth based on sovereign (chinese) debt is not a sustainable
> model. I would argue that the global trade model is currently broken
> since it largely relied on US consumers debt spending. The sooner
> US and other governments realize this and act. The sooner we can
> get back to growth.
>
> Also, there should be a shift in investment from transportation and
> financial services to health and human services. How about re-training
> people to become nurses and using some excess housing for clinics.
> Oh yeah what about that Army of teachers Mr Obamasan?

Stocks Undervalued in Current Economic Environment

I don't believe in the book values of the banks since all the accounting rule changes.

Robert Prechter to Investors: Play It Safe, Rally Is Over

Does anyone really listen to this guy? Has he even been a bull? I would bet him money the market doesn't go below 7000 next year.

Market: Spooked Today, But Panic Attack Is Likely Temporary

Look at the history of the market. Unless leading economic indicators start going negative or the monthly job situation suddenly starts to get worse we are moving higher from here long term. 'panic selling', if it occurs at all, is if we have positive job growth in the next six months and it starts to turn largely negative again. THEN you have to worry about retesting the March lows, but it will only be temporarily.

Individual Investors Are Spooked

I don't see any upside to this market anymore. I got out a few days ago and I have a hard time believing their will not be a sell off before the end of the year.

If I miss a 5-10% move up so be it because the downside risk right now is too great.

Winter's Coming for the Boomers: Part 2

Geez. You could put "I love oxygen" as a comment and somebody will give it a thumbs down.


On Jul 13 08:49 AM pockyclips 2020 wrote:

> We've basically wasted 30 years, and we won't get another 30 to get
> off or a**. 1973 should have been our wake-up call. Our dependence
> on foreign resources and foreign capital will be the death of Western
> civilization as we know it. If we are lucky, we will exist as a
> post-WWII collapsed British Empire.

A Cautious Look at Where Markets Are Headed

Jim Cramer said yesterday that we have seen the highs in the market for the rest of the year. Sounds like it is time to buy!!!

Bear Market Rallies and Lessons of History

People need to stop looking at these stupid charts looking for some sort of pattern. The reason that markets go down is simple. JOBS.

The market bottom of 6600 will not be seen for years (if at all). The reason it bottomed because job loses started to drop as of the Feb 09 job report. As long as job losses become less negative then start growing the market will go up. If job loses start to get deeper in the next 12 months (doubtful) I can see us dropping back to 7500-8000 on the Dow but not farther. This is not 1929 and we are NOT Japan.

Get over it.

Market Is Gearing Up for a Strong Move

A correction is coming soon. Might be only a few hundred points. Might be a few thousand. I don't think this market has enough upside to be in right now. I expect it to take out it's 50 day moving average in the next month. Then we will see.

Are Stocks Way Overbought?

Bogus. Give us a list of everytime (just not the last 12 years) and I might believe it.

Breakout, or Potential Fake Out for the S&P?

You can go with the flow and make money or you can whine about fundamentals. Your choice.


On Jul 16 10:55 AM herbert hoover wrote:

> Hey, what's not attractive about companies with triple digit PE ratios?
> Screw the fundamentals - just buy!!!!!!!!
>
> There sure seem to be quite a few people out there with a lot more
> money than brains.

Richard Russell: Downturn Will Be 'Vicious'

Jobs, jobs, jobs. If job losses don't start piling up there will not be a 'vicious' downturn in the market. Look at the long term correlation between job losses and the market and you will find the truth. Stop listening to the perma bears.