bassmaster17

The Mother of All Asset Price Bubbles

Don't look now it's a trifecta...the third bear is back!!! Add Whitney to Roubini and Prechter. Now we'll see what the rally is made of good luck to all!

The Mother of All Asset Price Bubbles

Noriel Roubini should take a deep breath walk outside his class room and look around...and think...where's my doomsday??? The professor needs to be more creative and not steal Kirby Daley's "mother of all _____" phrases. Alright give me a thumbs down.

Wall Street Breakfast: Must-Know News

Nokia should just throw in the towel...In regards to BNI they are doing a fine job operating in a lousy hand dealt by the US. Wonder if Buffett has taken notice of the selloff. Just my opinion, but I think some hedge funds are firing at the transports in order to take down the whole market...who knows.

As Dow Breaks 10,000 it May Not Yet Be Party Time

Back in August I was combing through charts of the 1938 and 1975 bear market rallies convincing myself...this is it...and paying attention to what doomsayers had to relay-then the scary months of September and October began. What I should have been paying attention to in August was researching individual companies and finding bargains, which I did, but not enough. The list of blown chances is endless from Petrobras, Freeport, JPMorgan, Atwood Oceanics to Apple. A big pullback can happen at anytime, but seranading in the advice of Bob Prechter (who I respect) and a complete turkey like Art Cashin was counterproductive. I'm young enough to learn my lesson and not get swayed by either conviction...bull or bear...in 50 or so years everyone will be trying to explain how this bear market is technically similar to their's and maybe it will be, but who really knows.

Our Coming Depression

Were the democrats not in with Fannie and Freddie...from the beginning...I heard Barney Frank's boyfriend was a director at Fannie.