bewise

3 Comments

    • There Is Plenty to Fear in This Market [view article]
      Memo to Voice:- Why r u here "yapping" your head off and not offering any better views other than your own rants. If u truly disagree with Bill C views then pl do all of us a favor - Leave and rant elsewhere.

      I am not going to reply to your rantings further.       Apr 28 01:57 PM
    • There Is Plenty to Fear in This Market [view article]
      Memo to Voice:- Your foul language and mutterings is a disservice to Bill C. Please go somewhere to spill your "rots" because that's exactly what u r. If u disagree with Bill C or any of the bloggers then u should express yourself and lets us judge whether u make more sense than others. No personal attacks please. That's not necessary. Apr 28 12:19 AM
    • There Is Plenty to Fear in This Market [view article]
      Bill, u r a straight shooter and all those adverse commentators are either "dreamers" caught in the down drafts and is hoping the big boys will shine a torch for the ride up to cut their losses or like lambs following the wolves for the ride-up.

      I am a active trader over 15yrs and I have never seen a credit crunch where world bankers are shivering behind close doors. A healthy economy requires stability in currencies, commodities, energies, wages and favorable trade balances. R we going to achieve any of the above anytime soon? To think that the Fed can wave a magic wand and it will turn rosy in 6 mths u can count me out. How do u solve the problem of the American consumer relying on home equity as their ATM machine before the credit crunch and now is face with relying on credit cards financing because their line of credit is either max out or cut off? Dropping interest rates to near zero and Uncle Sam free monies r not enough to pay off the mountain of consumer debts and USA debts to the rest of the world.

      Banana Republics in the past only happen in South America and the Caribbeans and not Uncle Sam country. But, hey, time has changed.
      Brazil is the "darling" today and the envy of all develop nations. So goes Russia, India, China and emerging markets.

      Be afraid, very afraid, that if Uncle Sam continue to do stupid things
      it will be a Banana Republic before we r gone for good.

      As for todays markets we all know it's in a trading range. Unlike lambs following the big boys sounding GE at $50 where it's trading under $35, I am a patient trader and wait for them riding their high flyers to a short-term tops and hope to take lambs with them before
      I do a short-term shorts when the steam at the high gets too hot even for them and it comes tumbling down on more bad econ news.

      Bill is right. I have never see big boys sounding their pet stocks at the bottom. It's always after a decent runup by them and they r finding resistance in pushing it higher when they ask us "sucker" lambs to get it for the last stage.

      Good luck, lambs and dreamers       Apr 27 01:33 PM
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