Investment

» BANANAS_ - Murphed in the Wall Street Canyons

It looks like the market action in the past couple of days is giving you lifelong bears a murph. SPY was up in after-hours trading today. You might want to consider cram-free underwear. No?

-- posted by BANANAS_

» permabear - Murphed in the Wall Street Canyons

In response to Murphed in the Wall Street Canyons posted by BANANAS_:

http://www.financialsense.com/Market/dai...

The action seen in the market was not unusual or not predictable from a bear market standpoint in the least. As I posted in the Sy Harding forum, the bear technician, such as Frank Barbera above, see this rally as nothing more than a bear market rally, that could go up to the S&P 500 1450 to 1500 range. Then it's back down. NY University Economics professor, Nouriel Roubini, a very well known economic bear, whose forecasts have been pretty on target, would call such a rally a "sucker's rally".

-- posted by permabear

» Inya Ivkovic - The WSJ - Another Rally For Stocks, With a Twist

http://online.wsj.com/article/SB12012271...

» Normxxx - Murphed in the Wall Street Canyons

In response to Murphed in the Wall Street Canyons posted by BANANAS_:

Don't get cocky! The bear is just resting. You've just seen the literal tip of the iceberg. (Besides, the bears need to take profits and reload.) Hopefully, it will be a long pause, but for an inkling of what awaits us- what's making our 'financiers' of all stripes panic- see below.

WMDs in Financial Markets

-- posted by Normxxx

» permabear - Murphed in the Wall Street Canyons

In response to Murphed in the Wall Street Canyons posted by Normxxx:

I've been holding a short position on the Nasdaq since the end of October. Some of the stock wizzes I follow got out of their shorts earlier in the week, expecting the bounce following the Fed announcement. I've been kicking myself for not following their lead and covering my Nasdaq short. (I've always been better about timing buys than sells.) Nevertheless, I remain confident that the longer term is ugly for all the reasons that Norm, Jas and I have posted ad nauseum. If the longer trend is in fact the Bear, than it's better to be holding bear positions than not, because you never know when the next shock to the system of bad news may hit the wires. As the old cliche goes: "invest for the long-term"...bear market that is.

-- posted by permabear

» permabear - Adam Hamilton has the secular bear right; Brinker has it wrong

http://safehaven.com/article-9323.htm

The target that I'll be looking for to try to time the absolute bottom of the secular bear market, at least from historical valuations is a PE of 7 as stated below in the above article.

Nevertheless secular bears don't end until 7ish P/E levels, one third of today's.

-- posted by permabear

» Normxxx - Adam Hamilton has the secular bear right; Brinker has it wrong

In response to Adam Hamilton has the secular bear right; Brinker has it wrong posted by permabear:

Here is an edited version of Adam's post, with additional links and comments.

Secular Bears
http://normxxx.blogspot.com/2008/01/secu...

-- posted by Normxxx

» Normxxx - Stocks Plunge As Predicted!

Global Stock Markets Plunging As Predicted!
By Capital Multiplier | 27 January 2008

http://normxxx.blogspot.com/2008/01/stoc...

-- posted by Normxxx

» Jas_Jain - Re: Stocks Plunge As Predicted!

In response to Stocks Plunge As Predicted! posted by Normxxx:

--
Not as predicted by you, XXX, right? You wanted people to remain in Scams for the 2008-09 high and then the Big One.

Are you still predicting a high for Scams in 2009?

Jas

-- posted by Jas_Jain

» Inya Ivkovic - The WSJ - "Big Investors Intrigued by Retail Stocks"

http://online.wsj.com/article/SB12016590...