mcadoo3312

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  • What Will the Last Three Weeks of 2008 Bring?
    While it might be baked in, consider the low volume and who is most likely doing the trading - day traders and others that have an interest in stocks increasing through the remainder of the billing cycle. Higher asset values equal higher revenues for firms at year end. Self fulfilling prophesies have driven this market for the past couple of months, why would this be any different?
    Dec 16 13:49 pm |Rating: +1 0 |Link to Comment |View article
  • What Is the New S&P Normal?
    I like how you came to your conclusions, but because the market is forward looking, does it really matter that the previous gains were based on credit? Credit is not going away completely, it is just diminishing. Companies with solid balance sheets and products in demand should still fare well. Those that have less desirable products (ahem, crocs) will get crushed. A company like Cisco immediately comes to mind. They have an incredible amount of cash, and even though financials are a large part of their business, their products going forward are still efficient and make other organizations better. We know how much they have been crushed, so does placing an artificial P/E on it make any difference in the ultimate decision to own the company? Unless you need to do so to make quell your cognitive dissonance, I would say no.
    Dec 12 13:16 pm |Rating: +1 -2 |Link to Comment |View article
  • Constant 'Bottoming Process' Calls Are Meaningless
    Agreed with everyone else. I am starting to think Becky Quick is one of the "better" anchorbunnies.
    Dec 11 10:25 am |Rating: 0 0 |Link to Comment |View article
  • 4 Ways to Tell if This Bear Market Has Really Bottomed
    Basing things on 2009 PE, things may be expensive, but if you take the PV of a lot of larger companies' CF for a couple more years out, they are selling cheaply.
    Dec 10 09:28 am |Rating: +1 0 |Link to Comment |View article
  • 4 Ways to Tell if This Bear Market Has Really Bottomed
    Neither HAS to be wrong. Right now I don't know that there are many stock "investors". There are a ton of traders which is why the moves have become more predictable. Go long, take it off, short, repeat.
    Dec 10 08:44 am |Rating: 0 -2 |Link to Comment |View article
  • Will Expected Rally Be Part Bear or Bull?
    He is right about those levels - just not their positioning. There are too many other levels of resistance before that to have any confidence in what he is saying. Hell, we failed a number of them today.
    Dec 04 17:46 pm |Rating: 0 0 |Link to Comment |View article
  • Historically Bad Times for the S&P
    With the second chart, the 50 DMA had tested the 200 and failed, sparking a huge selloff. The second chart more resembles what we see right now, but that was also the bottom of that recession. I am not calling a bottom, but the overall technicals of late 1974 look very similar to now.
    Dec 03 14:18 pm |Rating: 0 -1 |Link to Comment |View article
  • The Market Is Telling Us Something
    Do you have proof on your failure to deliver comments?
    Nov 26 11:32 am |Rating: 0 0 |Link to Comment |View article
  • What the TICK Is Telling Us Today
    Thanks!
    Oct 27 09:25 am |Rating: 0 0 |Link to Comment |View article
  • The Cramer Crash?
    I agree, what did he think he was going to do by saying that in such a public arena. He also published an article in NY Magazine yesterday - as noted in another Seeking post.
    Oct 06 15:02 pm |Rating: 0 0 |Link to Comment |View article
  • Is the Dollar Safe?
    Great comment by Chris B. He is right on target. Last Friday's announcement that the People's Bank was undercapitalized was a precursor to Sunday's bailout. The way to get that capital back is to increase the value of the holdings, AKA bailout Fannie and Freddie so there will actually be buyers returning to the market.
    Sep 11 15:02 pm |Rating: 0 0 |Link to Comment |View article
  • Wake Up America, You’re Sinking
    I have lived in Europe and America, albeit America for much longer and there are pros and cons to both countries. I agree with the sentiment of the article, but I hope we are able to right the ship before it's too late. If these Olympics have taught us anything, it is that the will of the people can overwhelm the political barriers we find ourselves constantly debating.
    Aug 12 13:46 pm |Rating: 0 0 |Link to Comment |View article
  • Delusions of Debt
    Great article.

    Debt should not be measured relative to GDP because we have been using said debt to continually fund our growth. Look at this past quarter; GDP rose 1.9% and everyone believes our economy isn't that bad, but the consumption aspect was all funded with debt for the "stimulus" plan.
    Aug 04 09:38 am |Rating: 0 0 |Link to Comment |View article
  • A Fed Rate Hike Won't Solve the Current Crisis
    T. Boone Pickens has emerged as the sole bi-partisan leader in 2008. Of course he has his own monetary interests in the outcome, but wouldn't you invest in a mutual fund in which the manager has millions of his own cash invested in it?
    Jul 24 11:06 am |Rating: 0 0 |Link to Comment |View article
  • Bust, Bail, Repeat: The U.S. Enters into an Ever-Worsening Cycle
    I agree with your points luckychucky, but you are ironically guilty of bashing the name caller by calling him names.

    Nonetheless, there is every reason in the world to be negative. Investors intuitively prepare for the worst possible scenarios, so sentiment in our current situation should not be surprising.

    To me, it is worthless to point blame on what has been done in the past because it is over. It seems as if the Fed and Treasury have also come to that conclusion. Regardless of whether they caused this to happen, would you like for them not to clean up their own mess (via taxpayer dollars, an issue I understand is incendiary) and watch those American doomsday scenarios play out?

    I am not extatic with the Housing Bill because of its implications on our country's debt levels and related problems, but realistically I do not see they had any other alternative. The word "contagion" became commoditized with Bear Stearns, but without any intervention, do you truly think this situation would not have spiraled out of control, especially when you consider all of the factors going against us? With our debt levels so terribly high and other countries only increasing their surpluses, it would only be a matter of time that this disaster would denegrate our position as a global leader. They did what they had to do.

    People's expectations of instant relief are unrealistic. This mess is going to take time to unravel. Institutional intervention goes against free market theories, but what if the United States were the failure of this sorry episode that most free market individuals invite to signify the end of a downturn? Would you complain that the government should have done something? Probably.

    I am not saying everything is rosy and great, because it's not, but I do think these initiatives will help this country in the long run - with one asterisk. These officials need to verbally acknowledge the need to position this country to be an effective global leader in this new economic paradigm and follow through on it. Can this happen with partisan politics? Maybe, but if they do not make changes, all of these current initiatives are for not, and they will only compound our present troubles. Think more in the long term, not in the short term.
    Jul 24 10:35 am |Rating: 0 0 |Link to Comment |View article

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