Final Spike in the Bear Market Rally? [View article]
stonedinvestor = clueless investor = bagholder
On Jul 16 07:53 AM stonedinvestor wrote:
> What a silly article Peter. Older hands aren't leaving the market > they are breaking down the door to get in. Far ahead of ourselves? > Are you serious, the whole breakdown from 10,000 was based on a great > depression scenario and fear based selling combined with naked shorting > of banks. We can at least get back to 10,000 for goodness sakes before > you see any super spike. When you lift off an absolute puke low that's > no spike, that's a reversion to the mean and that will take some > time to play out. For now we have incredibly lean companies and big > earnings and a jobless recover ahead of us.~ stoney
I sold all my stocks at 13,800 on the DOW. I have been trading short (and writing puts for income) over the past year. I am sitting on cash and fixed income, including 2-year CDs at 4.30%. I will buy stocks again next year when DOW hits 3500. Good luck, everyone.
Is 'Buy and Hold' an Antiquated Theory? [View article]
I sold all my stocks and switched to cash and fixed income when the DOW hit 13,800. I now own 2-year CDs paying 4.3%. Will buy stocks again when the DOW hits 3500.
Lehman is insolvent and bankrupt! They are facing $70 billion in future writedowns - and have a market cap of $10 billion! This buyout rumor was likely planted by those desperate to unload Lehman stock (using Dick Bove as a conduit). Of course, it will NOT be investigated by the SEC or any other US regulatory agency. When will the crooks go to jail? Hasn't the Street ripped the clueless investor for enough money already?
Ten Bear Market Phases, Current Edition [View article]
sunburned, you are very naive and ill informed. Your comments are just plain stupid. Nearly half the homes being sold are foreclosures. Anyone who bought a house since 2005 is clearly underwater. Many condos and homes are for rent. There is a glut of inventory.
Final Spike in the Bear Market Rally? [View article]
On Jul 16 07:53 AM stonedinvestor wrote:
> What a silly article Peter. Older hands aren't leaving the market
> they are breaking down the door to get in. Far ahead of ourselves?
> Are you serious, the whole breakdown from 10,000 was based on a great
> depression scenario and fear based selling combined with naked shorting
> of banks. We can at least get back to 10,000 for goodness sakes before
> you see any super spike. When you lift off an absolute puke low that's
> no spike, that's a reversion to the mean and that will take some
> time to play out. For now we have incredibly lean companies and big
> earnings and a jobless recover ahead of us.~ stoney
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