John Hussman: Plunging Equity Valuations Should Impact Stock/Bond Allocation [View article]
Buy bonds, markets will deliver s..t in the next 10 to 30 years, buy in small portions long dated treasuries till you retire, if you retire in less than 10 years and your investment is mostly stocks, then let me tell you - in 10 years you are almost bankrupt. I please all stay away from stocks as an asset class indefinitely, if you are not hedged with double short index ETF or other short index instruments, keep away from it alltogether.We are heading for 3000-4000 Dow Jones at some point in the next 10 years.
i don't understand what mr. Steve Stovall have to do in your article, it is same like to quote a parrot that shouts " Dow go up,Dow go up" and why you are optimistic in 2009? I may allow only one final saying, your article being great, next time you see personally any stock market commentator, top analyst, super banker, hedge fund star etc., ask them from me: If you guys are so f.....g good, why you work for paycheck and not do it on your own, what sense is to shave every morning and smile non stop or make smart face, if with your guys knowledge of the world you can be lying in your yacht taking a nap and trading in your free time from fishing. ALL WHO WORK FOR CORPORATIONS AND ARE QUOTED IN MAJOR MEDIA PIPES CAN NOT BE TRUSTED AS THEY ARE A...S.
Reports of Equities' Death Are Greatly Exaggerated [View article]
EQUITIES ARE DEAD in my view, because in the past all investors from 10,000$ investor to 1 trillion $ pension mutual fund made their calculations that stocks will average 10-15 yearly return. Now this asset allocation model is dead as well as the current mega crash proved that stock investing is pure speculation that has nothing to do with the overall economic growth. How come global economy grows 2-4% a year and stocks grow 10-20% a year, doesn't this public companies participate in the global economic cycle or they are on their own? Think about it.
I hope you are right, but we are heading for the biggest crash in a history humankind, of course the markets can be good again but for that all the investors must to be repaid back what they lost in 2008 and then given more jobs, higher pay, more home equity only then there will be dollars to buy stocks.I will start to call all the bullish folks from now on FANTASIZERS, I am sure all bulls have writing talent but to call a market bottom it is like giving your rose garden instead of pure, salt water and then telling everybody how smart one is. Stop dreaming, we are back to sharp sell off from Monday on.
You don't understand that the current crash will wipe out such legendary investors like Mr. Laszlo Birynyi and many more, because the TOP SECRET of their previous success was that all they were good at is at buy and hold and were lucky just as many of you were lucky that your stocks kept rising for too long. I have nothing against any guru as I know that this is the time for old stars to die and new to born.I am not even sure tha Seeking Alpha will be here for another 12-24 months as soon we all will realize the power of economic depression, people who are 80-100 years old ( my dad was born on majestic 1929) could tell you how it was in the 20,30,40,50s when markets crashed and people stood in front of NYSE with their new FORD cars to sell to buy food ( think today of Mercedes, diamonds, antiquities, fine watches etc. as it all will be dumped soon). Stay away from the stocks if you are Mr.Laszlo style buy/hold type, only short term traders can make money as the power of the crash shaves value of all assets day by day.
Two Veteran Perspectives on the Vix [View article]
What happened in 2008 in the stock market, will change the investors perception of risk for 1 full generation. People who were inside the stocks investing anl lost all their money in 1 year, will never make the same mistake again, they will become super conservative for the rest of their life span which is about 20-30 years on average. Only the new generation, those who are today 1-10 years old will participate actively in the next bubble. VIX of 90% never happned before which probably means that investors got knock-out in the head and will not recover. I advise all to keep away from buy&hold style, if you can't daytrade around all that moves and have liquidity, buy 10-30 government bonds and retire with this money as stocks will not beat bonds for years and years.
First Call of a Double-Dip Recession: Setting Up a Market Bottom? [View article]
I think the reason GOOG search on Great Depression is down, because people gave up hope as it becomes clearer and clearer by the day that all the savings made during the last decade- IS LOST in the stock market for good.This is the only reason search results for similar phrases are down, the best search is average investor brokerage/bank account, there very clearly is seen one meaning : LOST ALMOST ALL IN THE STOCK MARKET CRASH as average account is down about 55%-75% for the year.
Most of investors since 2008 will see their money back maybe in 20 years as we still have to reach 3000-4000 on the DJIA, no escape. Same as to the upside all the crazy levels were broken now we must to brake all the levels to the downside. The financial unwind will continue very well into 2009 as it seems like all those trades made on major were nothing else but evaporative trades. If you look at the stock volume of any Russell2000 or Wilshire5000 component, you will then check company's balance sheet,it's P/L,EPS,revenue etc., you will understand suddenly that any single public firm doesn't make so much business on particular day as it's stock volume would otherwise show. How much GOOG or IBM or GE of the world sells a day of it's products (products is still better than services) compare to it's stock volume, maybe up to 40% for the IBM ( it means for each 1$ of revenue it's volume on the NYSE is 2.5$). I predict big declines in all worlds stock markets in 2009.
Why a Psychological Bottom Will Lag Any Real Recovery [View article]
I am very sorry for your Gold and Crude Oil investments you are heading into 2009, on the other side if Gold will decline to 450-500 $ an ounce and Oil will be 15-21 $ a barrel then this 2 investments will have sense as most of the stocks in SP 500,RUSSELL 2000,WILSHIRE 5000 indexes will be down by the same amount in percentage, so all in all Oil and Gold will be just OK.
Hints of Risk Appetite Returning to the Stock Market? [View article]
I see more and more investors are looking to various indicators for help, where all this indicators have been before "your" account went down 50-80%. Don't believe in indicators, the stock market investing will be not in fashion for 10-20 years. Forget about Wall Street, go for lowest yield CD's.
2009 Predictions I Hope Are Dead Wrong [View article]
Just the common view of things, everybody now thinks like you, I ask why nobody thought about 2008 crash in 2007. I completely disagree with your predictions because it is too optimistic, 2009 will be a hell of a year that even 2008 will look no more than just a little stock market correction.
John Hussman: Plunging Equity Valuations Should Impact Stock/Bond Allocation [View article]
I please all stay away from stocks as an asset class indefinitely, if you are not hedged with double short index ETF or other short index instruments, keep away from it alltogether.We are heading for 3000-4000 Dow Jones at some point in the next 10 years.
Markets Should Rally in 2009 [View article]
I may allow only one final saying, your article being great, next time you see personally any stock market commentator, top analyst, super banker, hedge fund star etc., ask them from me:
If you guys are so f.....g good, why you work for paycheck and not do it on your own, what sense is to shave every morning and smile non stop or make smart face, if with your guys knowledge of the world you can be lying in your yacht taking a nap and trading in your free time from fishing.
ALL WHO WORK FOR CORPORATIONS AND ARE QUOTED IN MAJOR MEDIA PIPES CAN NOT BE TRUSTED AS THEY ARE A...S.
Reports of Equities' Death Are Greatly Exaggerated [View article]
Now this asset allocation model is dead as well as the current mega crash proved that stock investing is pure speculation that has nothing to do with the overall economic growth.
How come global economy grows 2-4% a year and stocks grow 10-20% a year, doesn't this public companies participate in the global economic cycle or they are on their own?
Think about it.
A Bull Is Born, 2009 [View article]
Stop dreaming, we are back to sharp sell off from Monday on.
Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview [View article]
I have nothing against any guru as I know that this is the time for old stars to die and new to born.I am not even sure tha Seeking Alpha will be here for another 12-24 months as soon we all will realize the power of economic depression, people who are 80-100 years old ( my dad was born on majestic 1929) could tell you how it was in the 20,30,40,50s when markets crashed and people stood in front of NYSE with their new FORD cars to sell to buy food ( think today of Mercedes, diamonds, antiquities, fine watches etc. as it all will be dumped soon).
Stay away from the stocks if you are Mr.Laszlo style buy/hold type, only short term traders can make money as the power of the crash shaves value of all assets day by day.
Two Veteran Perspectives on the Vix [View article]
People who were inside the stocks investing anl lost all their money in 1 year, will never make the same mistake again, they will become super conservative for the rest of their life span which is about 20-30 years on average.
Only the new generation, those who are today 1-10 years old will participate actively in the next bubble.
VIX of 90% never happned before which probably means that investors got knock-out in the head and will not recover.
I advise all to keep away from buy&hold style, if you can't daytrade around all that moves and have liquidity, buy 10-30 government bonds and retire with this money as stocks will not beat bonds for years and years.
First Call of a Double-Dip Recession: Setting Up a Market Bottom? [View article]
Finally, Some Holiday Cheer [View article]
Same as to the upside all the crazy levels were broken now we must to brake all the levels to the downside.
The financial unwind will continue very well into 2009 as it seems like all those trades made on major were nothing else but evaporative trades.
If you look at the stock volume of any Russell2000 or Wilshire5000 component, you will then check company's balance sheet,it's P/L,EPS,revenue etc., you will understand suddenly that any single public firm doesn't make so much business on particular day as it's stock volume would otherwise show.
How much GOOG or IBM or GE of the world sells a day of it's products (products is still better than services) compare to it's stock volume, maybe up to 40% for the IBM ( it means for each 1$ of revenue it's volume on the NYSE is 2.5$).
I predict big declines in all worlds stock markets in 2009.
One Year Analysis of Lumber Prices vs. Timber ETFs [View article]
Why a Psychological Bottom Will Lag Any Real Recovery [View article]
The Weight of Money in 2009 [View article]
2009 Predictions I Hope Are Dead Wrong [View article]
Hints of Risk Appetite Returning to the Stock Market? [View article]
Don't believe in indicators, the stock market investing will be not in fashion for 10-20 years.
Forget about Wall Street, go for lowest yield CD's.
Diverging Indicators: Treat Them As Suggestions, Not Rules [View article]
2009 Predictions I Hope Are Dead Wrong [View article]
I completely disagree with your predictions because it is too optimistic, 2009 will be a hell of a year that even 2008 will look no more than just a little stock market correction.