Remember, the volume is next to nothing, JAN 2010 will be very telling, best to all and happy holidays and New Years.
I will be open to any outcome, I am hopeful, even pray for better days for all in the New Years. I will present the economy andmarket as I see it, to the best of my ability and as always will warn hopefully again when the time comes to hunker down and get out of Dodge....or you may believe we have embarked on a new age of growth and prosperity......you would also then believe this begins with the world its most indebted and consumers most underwater, banks least wanting to lend, businesses to invest....well gee nowhere to go but up?
Duratek
4 comments:
Best to you and your family... looser, so when is it ever going to turn or is this just waterboarding here for your hedge fund to load up?
Suggestion. Learn how to spell
To the looser post. I know D pretty good.
He is a good guy. Save the looser stuff for other boards. He doesn't deserve it here.
I am not looking to start a pissing contest. You said your thing, and I said mine. We just disagree.
Here's what I think while chillin' in St Pete.
It's obvious I run this blog for the people and myself, and there is no one right reality, we're all right in hindsight. I have called correctly and very timely the last 2 bear markets. Over last 10 years cash has outperfomed stocks.
We have had 2 opps to buy stocks at great discounts and 2 chances to sell at tops.
Everyone wants to know now what?
My friends craft store's sales have fallen back to 1995's levels!
Retail sales are being hyped up 3.5% over 2008....but 2008 sucked, so it's all relative.
8 million more out of work since 2007 and retail sales are cheered are they ?
Even if I felt lows were in, if wading in or adding longs I prefer to buy a pullback.
If you stayed long from 2007highs you had no cash to buy lows.
Every major beat mkt low had single digit pe sox ratios and
Approx 6% dividend yields , current dividend yields are 1.9%.
If you see extreme value and biz model not broken, you'll probably do very well.
There are very few extreme values left.
So IMHO, you buy now based on momentum. Not my cup of tea.
On a serious pullback, I would be pleased to reasess my position
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