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#1
05-22-2010, 11:43 PM
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If I was any more relaxed I'd turn into Zenyatta.
Of course, having an ice-cold bottle of Trumer Pils next to the keyboard doesn't hurt Anyway, more confident than ever that this is just another correction in the powerful OBAMA stock market rally which began in March of '09. In fact, looks like a mighty fine time to BUY into some short-term market weakness so that's exactly what we did a short time ago. 25 large worth of Vanguard's S&P 500 index fund shares, to be precise Look for that broad market index to make new yearly highs in the coming months Randall, jms62 and the other DOOMERS can keep their money under the mattress 
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#2
06-29-2010, 10:41 PM
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you're 8 wide around the turn and Smitty is breaking out the stick. This doesnt look too  Zen.
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#3
06-29-2010, 10:56 PM
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#4
06-30-2010, 01:17 PM
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Ah, more knuckleheads riding the big guy.
Your little metaphor is cute, dala but a bit misguided. You see, we haven't even reached that backstretch yet. Finish line is nowhere in sight at this point And randy have a feeling that I'll be looking for someone to trim the shrubs at my Oahu estate at some point down the road. I'll certainly keep you in mind.
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#5
06-30-2010, 02:27 PM
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#6
06-30-2010, 03:28 PM
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#7
06-30-2010, 04:45 PM
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#8
06-30-2010, 10:52 PM
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Not on some bogus Pletch router like Keyed Entry, Mr. Pumpkin
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#9
06-30-2010, 11:40 PM
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We're so used to the market always coming back that some people assume that every correction is a buying oppurtunity. That's not always the case. Look at the Japanese market. It was over 40,000 back in around 1989. Here we are 21 years later and what's their market at now? I haven't checked it lately but I think it's around 10,000. The same can be said about our real estate market. We hit a high a few years ago that we may never see again in our lifetime. If we do, it will probably be in 40 years from now. Anyway, I've had money in the stock market practically my whole life and I am totally out of the market right now. I think there is very little upside (5-10%) but there is huge downside (50-60% or possibly more). P.S. It's not "Pumpkin". It's "Pupkin". He was the main character in the movie "The King of Comedy".
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#10
07-01-2010, 12:28 AM
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I'm sure he just assumed that you're from the SEC.
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#11
07-01-2010, 09:55 AM
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At least property values are down as well, including that Ohahu dream home. Time to double down?
__________________
To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical. Thomas Jefferson
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#12
07-01-2010, 09:57 AM
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zenyatt -enomics?
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#13
07-01-2010, 12:45 PM
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I'd like to short the market right now but it looks so oversold short-term that I'm not going to do it. I'm going to wait and hope we get a bounce. I'd like to see a bounce back above 10,000 and preferably in the 10,200-10,500 range. I hope I don't miss the big move down while I'm waiting for the short-term bounce.
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#14
07-01-2010, 03:59 PM
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RP, you sound like a smart guy and your short-term take on the market is as valid as anyone else's
but let me ask you this
do you think a guy like Buffett would've gone ahead and spent tens of billions of dollars to purchase one of the largest railroad companies in the country
as he did last Feb
if he thought the long-term outlook for the U.S. economy wasn't all that great?
And dellinger quick question do you have any experience mowing lawns?
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#15
07-01-2010, 07:02 PM
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#16
07-01-2010, 09:32 PM
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The guy I have the most confidence in is Dent when it comes to long-term calls. He can be off by as much as a year or so when it comes to timing, but his long term calls based on deomographics are usually right. I've never seen him as confident as he is right now that the market is going to crash. And you have to remember that he was as big of a bull as anyone over the last 20 years. He's not one of these guys that's usually bearish.
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#17
07-01-2010, 09:52 PM
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Buffet: high-speed domestic rail lines coming soon
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#18
07-01-2010, 09:56 PM
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but if you keep your timing up I'll give you a few bucks to mow the lawn once a week. Of course the work is seasonal, I don't provide health insurance the lawn mower's self-propel doesn't work and you'll be paid in cash so no unemployment. BTW No illegals or anyone who needs work breaks for prayers! Christians, mu slums whoever. 
__________________
To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical. Thomas Jefferson
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