DaveW

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  • The Shallowest Generation
    Mr. Quinn, do you ever feel like you are screaming in a sound-proof booth? At times I do. I agree 100% with everything here. It's cliche, yet appropriate: the truth does hurt, but the truth will set us all free.
    Keep up the good work.
    -Dave
    Oct 31 10:27 am |Rating: +10 -2 |Link to Comment |View article
  • The Law of Unintended Consequences: 20th Century and Beyond
    Speaking of 'speaking of':

    "The punishment of wise men who refuse to take part in government, is to be governed by the unwise" -Plato

    Thanks for the well written article James!
    Jan 05 10:37 am |Rating: +7 -1 |Link to Comment |View article
  • Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview
    "One indicator he does like is to track the number of stocks down 50% from their highs..."

    Just curious, isn't this indicator most useful when forward looking earnings are positive and not negative? It seems there are not too many formal indicators that are useful in this environment other than technical chart analysis pointing toward SP 600.
    Jan 04 14:21 pm |Rating: +5 -1 |Link to Comment |View article
  • 2008: Ten Unforgettable Days
    Happy New Year SA Editors! I've enjoyed your site and loyal bloggers and look forward to more lively posts in 2009.

    I'd add the March 17th collapse of Bear Stearns on your list. IMHO, this marked a turning point from in the public's understanding of just how bad the deleveraging process was...and just how very dishonest the I-banks were to their shareholders.
    Dec 31 18:24 pm |Rating: +5 0 |Link to Comment |View article
  • You Cannot Stop Obama from Saving the Economy
    @james & bull,
    folks, you need to know trader mark's writings as a whole to understand his sarcastic, irreverent yet insightful prose.

    T.M., Hilarious post and point made, short this market in the near-term at your own risk (after that, short away!)
    Dec 15 09:24 am |Rating: +4 -2 |Link to Comment |View article
  • Will 2009 Bring Ring Three of the Financial Circus?
    Nice article Steven, thanks. It will be interesting to see how much steam this rally will have going into inauguration. am selling into it and going short.
    Jan 04 14:30 pm |Rating: +3 -1 |Link to Comment |View article
  • Being Wrong for Five Years Makes Peter Schiff Right Now?
    Sullivan, you are missing a very key point here. OF COURSE, most of us invested in growth equities during the psuedo-good years from '03-'07. BUT, had Peter's view been taken seriously sooner, by more governments, corporations and individuals around the world, toxic financial instrument asset exposures would have been minimized. How can you possibly deny that a bit less personal gain in the years leading up to this mess would have been better for us all now and for our future gains as well? C'mon, know when to admit you're wrong.
    Nov 20 13:12 pm |Rating: +3 -1 |Link to Comment |View article
  • Being Wrong for Five Years Makes Peter Schiff Right Now?
    Only a perma-bull could actually conceive to write this article as if relevant. Criticizing him for being right but early is not relevant. This man was right when 99.9% of the population was wrong. As a 'student' of the marketplace, shouldn't you try to learn from someone who is wiser than you? Humility and honesty are virtues Mr. Sullivan.
    Nov 19 12:23 pm |Rating: +3 -2 |Link to Comment |View article
  • Equities: S&P 600 via 1100
    Agreed, in a major downtrend what goes up, must come down. Good luck out there!
    Jan 07 10:32 am |Rating: +2 0 |Link to Comment |View article
  • An astonishing 60% of Americans who now think a depression is likely will almost surely be disappointed, Savant Capital says. "The truth is that the current situation is nowhere near that bad."
    Actually, Savant is right, no Depression in 2009....[it will be 'officially' declared in 2010.]
    Dec 30 14:33 pm |Rating: +2 0 |Link to Comment |View news story
  • Leveraged ETF Debate Hits the Mainstream
    Was hoping for a leveraged article, you know, two articles packed into this space...
    Dec 16 09:42 am |Rating: +2 0 |Link to Comment |View article
  • What If the Great Depression Analogy Is Wrong?
    @ Prudent,
    IMHO, the new administration (which i did not vote for) is trying to heal one of the contagions in effect at present: investor confidence (IC). Since there is a high probability of the economy getting worse, the last thing IC needs right now is for more Kool-Aide talk. Do you really think that telling them the worst is over, go buy 'stuff', is the correct road to recovery? Do you really think that will cause no harm? wow.
    Dec 15 14:06 pm |Rating: +2 -1 |Link to Comment |View article
  • Being Wrong for Five Years Makes Peter Schiff Right Now?
    R.K., your idea is a nice try. But, this sort of system may dismiss the 'prophets' (for lack of a better word), those voices in the wilderness who may underperfom the markets, or just look merely average, leading up to the Black Swan event. Hindsight is the great vindicator. As always, it's best to listen and do your own homework
    Nov 19 16:06 pm |Rating: +2 -1 |Link to Comment |View article
  • Paypal Holds Sellers' Funds Hostage
    I've been a semi-serious seller since Jan. 2000. It's not a pretty direction Ebay has chosen to go. They know how difficult it is for many of us to pick up and move. However, as they increasingly treat buyers like gods and sellers like s**t, I will be moving away from ebay as a selling platform.

    As an aside, I was able to transfer $ from my paypal acct to my bank acct w/o a hitch last week.
    Nov 10 10:01 am |Rating: +2 0 |Link to Comment |View article
  • The Bear Market Has Just Begun
    Human nature is to over-simplify issues and become over-exuberant in one's own stance, minimizing opposing views. Same can be said of market sentiment. Only the most disciplined investors fully weight pros vs. cons. I appreciate hearing from the bears even if I don't agree, it keeps me vigilant of the portfolio killer: risk.
    May 29 12:23 pm |Rating: +2 0 |Link to Comment |View article

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