sundrenched

Is it Time to Jump Back into the Market?

Suckers rally! It's unconscionable for professionals to advise people going back in here. Meanwhile the shorts are reloading their guns.

Maybe instead of "taking candy from a baby", it should be "like taking the 401k off of a pensioner".

Let the Peter Schiff Backlash Begin

Good article. No disrespect to Peter Schiff -- this market has fooled most investors -- but I'm also beginning to think he's a bit of a proverbial stopped clock. I'm also put off by his strident tone and incapacity for self-doubt. A lot of his commentary has a moralizing tone about it. I'd put Jim Rogers in the same category, also his advice was good to put you in the poorhouse in 2008 -- I did listen to him and bought a Taiwan ETF in March 2008; glad I took my loss early on that one! There's other famous bears that saw this whole mess coming but who have been much better at foreseeing the shorter-term rips and curls in the markets: Marc Faber, Gary Shilling, Nouriel Roubini, Albert Edwards, Enzio von Pfeil, and several others. In the end, I'm just looking to make money, not discuss economic morality.

Why It's Not Different This Time: Facts for Comfort

Hmmm, that PRXI looks juicy... Think i'll buy a couple of thousand as a lottery ticket.