dcb

Why This Rally Is Unsustainable

I looked at the perfromance of HYG and Pff and don't see that performance, and I see lots of time down side. the gains have been seince march lows.
As for REITS, I'd be very careful


On May 02 09:45 AM Smackdown wrote:

> Agree 1000%. The Feb/March crash was unwarranted and a capitulation
> in many sectors. Screw the general market, look at the subsectors.
> Lots of capitulation. This "rally" has not even gotten the general
> market even on the year. Not close. Instead of fixating on
> comparisons to the Great Depression market (worthless IMO), one should
> fixate on opportunity. Gambling by being short is just that, a
> gamble. I look for real tangible opportunities. Before the
> general stock market can really heal, the credit markets need to
> heal. As such, if one invested in higher yielding securities such
> as MLPS, Preferreds, High Yield Bonds, certain REITS, they would
> be up well over 100% since November. I am up 130% since then and
> 40%+ YTD. It is not luck. I look for arb opportunities and depresseed
> prices due to hedge delevering. Rant all you want about the market
> crashing again, I'll be happy identifying yield anomalies versus
> the curve and executing on them. And I get a 10+% current yield
> while I invest. Does your short pay you the rent? Looking forward
> to my thumbs down for my real world post.

Why This Rally Is Unsustainable

Feb march crash was engineered by the same people keeping the market up now, DUH


On May 02 09:45 AM Smackdown wrote:

> Agree 1000%. The Feb/March crash was unwarranted and a capitulation
> in many sectors. Screw the general market, look at the subsectors.
> Lots of capitulation. This "rally" has not even gotten the general
> market even on the year. Not close. Instead of fixating on
> comparisons to the Great Depression market (worthless IMO), one should
> fixate on opportunity. Gambling by being short is just that, a
> gamble. I look for real tangible opportunities. Before the
> general stock market can really heal, the credit markets need to
> heal. As such, if one invested in higher yielding securities such
> as MLPS, Preferreds, High Yield Bonds, certain REITS, they would
> be up well over 100% since November. I am up 130% since then and
> 40%+ YTD. It is not luck. I look for arb opportunities and depresseed
> prices due to hedge delevering. Rant all you want about the market
> crashing again, I'll be happy identifying yield anomalies versus
> the curve and executing on them. And I get a 10+% current yield
> while I invest. Does your short pay you the rent? Looking forward
> to my thumbs down for my real world post.

Why This Rally Is Unsustainable

Everything the man has said is factually correct, how you decide to i take what he says is your choice.

S&P close April 9th 856.56, close this past friday 877.52
is about 2.45 percent. but if you listen to cetins posts the market is always surging. what a joke.