User 265729

36 Opportunities for the Beginning of the Bull

John Pseudonym

I think there are a lot of people who will be choking on their optimism in a few days... Or I'd like to know what's in that glass their drinking... :-)

Asia is tanking, even after the bailout and fingers are pointing now at Congress for screwing things up. A $700 billion bailout that didn't even get an up tick.

Soup lines... I don't know what it's like where you are, but I've already heard of suicides that are believed to be related to these financial problems in the United States and overseas.

Anyhow, I do think energy stocks are the best bet of the group since many are involved in alternatives and hybrid sources... But all of them long, as this may turn out to be a decade or more correction. (sorry those of you in the instant gratification generation -- how we got here in the first place).

36 Opportunities for the Beginning of the Bull

Oops... That should be User 210417... Odd... User 189281's post disappeared...

36 Opportunities for the Beginning of the Bull

User 189281: Maybe they're thinking Matt and Meridith on the Today show will pull them through... LOL :-) I see your point - NBC network is tanking in the ratings, so their advertising income must be tanking too.

It is really sad... It seems like so many good companies actually diversified themselves into this mess! I think a lot of them were fooled, just like the public.

36 Opportunities for the Beginning of the Bull

User 189281:

It is what I call the "Madison Avenue" aspect to our economy... Demand and value creation in the markets run amok. As I read yesterday, the "Pet Rock" concept... It's worth it because you are made to believe it's worth it.

For the past 20 years our economy has run from bubble to bubble created by marketing and advertising firms (I blame them just as much as Wall Street), but now the world is hitting a brick wall.

I don't think any amount of Hype in the media, bloggers, or even the latest CNBC's savior (GE) What Would Buffett Do? push consumers and investors into this farce anymore.

When the market gets down to value (one suggested DOW 5,000 ... I think 6,000 or 7,000 is more realistic), only then will investors be drawn back into the market as it won't be built on hype and marketing/media games.

Currently, I feel the risk is to the downside and big time...

36 Opportunities for the Beginning of the Bull

Bill,

Interesting choices. I hope you are right, for all of our sakes.

I've got to ask you a couple of questions, based on your background with firms like KPMG and PricewaterhouseCoopers...

How on Earth, did professional accountants, allow our financial system to rot at the core? The financial instruments being used are so complex, it may take thousands of forensic accountants decades to figure out what went wrong...

It seems like nobody in business, be it MBA's, accountants, etc. ever blow the whistle on these schemes until we are thrown off the cliff... Enron, MCI, the list goes on...

Anyhow Bill, I see some interesting choices on your list, but I'm not sure the landscape, as we move ahead, will support some of your choices... Energy looks good...