JCC

Four Reasons We're Headed Even Higher

It is amazing to watch all of the nay-sayers yelling and screaming as the market rises. So many hate what has happened, and therefore have become emotional automotons. When you let your emotions rule, it prevents logical thinking. As a matter of fact, the emotional reaction that many have is equivalent to lying to onesself.

So yell and scream and point down as the market goes up. Vent your anger at specific companies because they got help, and watch the stock rise. Have a fit over the current deficit, and forget the history of WWII. When we continue to to lie to ourselves, we will not make good investments.

When others reap the rewards we will say it is impossible, because of @*^%#**&^!!!!!!!

Goldman Sachs: Still Arrogant and Unrepentant

I did - I purchased GS stock after the bailout. My reasoning was that they were in pretty good shape and would soon pay the moneyback. I also felt that after the financial meltdown that they would profit handsomely. It turned out that my logic was correct. Furthermore, I think that they have a year or more of unbelievable earnings in the future.

For the record, GS did nothing illegal. You might not have agreed with the TARP, but it critical last September to stem the financial meltdown. The monetary supply was not flowing, and similar to your vascular system, this would have resulted in an economic heart attack.

No question we need to stengthen the regulatory environment to avoid or mitigate a future meltdown. Also we need to modify the system so that businesses will not be able to jeopardize the future for a near term quarterly report. But in our society, as businessmen, we have an obligation to return earnings to our shareholders providing that we don't break the law.

I have to say that I am amazed at all of the negative chatter from many of you. These views certainly prevent you from making good investments, and they almost sound anti-capitalist.

On Jul 26 12:24 PM Chemist29 wrote:

> if you think goldman makes too much money for its shareholders, buy
> the stock.

In Support of Goldman Sachs

The idiocy is in failing to understand the horrific results of allowing AIG to fail – 1000 or more additional banks and other financial institutions accompanied by significant additional financial meltdown – possibly leading to a depression.

The idiocy is in failing to see the tremendous opportunity from Goldman after the meltdown. You should have seen it and invested.

The idiocy is not appreciating the turnaround at Goldman, and now in many other financial institutions.

Oh well, many of you let your emotions keep you from making good investments. As the last investment bank left standing, Goldman has it made for the foreseeable future.