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Schweizer » Comments » GMGMQ.PK

  • Why This Rally Is Unsustainable [View article]
    The Treasury should not be allowed to buy/trade equities.
    The FED should not be allowed to buy/trade equities.
    And banks (GS in particular) should be limited in their ability to buy/trade equities.

    These 3 are too large to allow a fair value to be set.

    Or are they already trading illegally but there is no one with balls to stop it?
    May 04 07:00 am |Rating: +8 -1 |Link to Comment
  • Markets Should Rally in 2009 [View article]
    Huh?

    With forecast S&P500 earnings, as published recently by the S&P of $42 for 2009, and an average Bear market PE of 8, we will trade at $332 in 2009. How in hell can anyone say we will be up???

    Who pays these clowns? Who pays you?
    Jan 06 17:11 pm |Rating: +1 -1 |Link to Comment
  • Tuesday Market Preview: Down Further? [View article]
    Santa Clause rallies are weak or nonexistent in Bear markets. If they happen, they are Bull traps.

    $BPSPX (Bullish percent) is not indicating a turn here. We WILL drop.
    Nov 18 07:43 am |Rating: 0 0 |Link to Comment
  • Chevy Volt Debuts to Enthusiasm in California  [View article]
    The world needs a $15K electric car. At $40K, it's a novelty. The $25K difference can buy 9000 gallons of gas which provides 225,000 miles of driving, equal to 10 years of average driving. Who was the dope who ran the numbers at GM? Clearly this is a novelty and little more.
    Sep 29 05:52 am |Rating: 0 0 |Link to Comment
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