He does make money in them. But he makes it look as if he just picks out companies that are undervalued and that's it. Come on, give me a break....
No. A real long term investor. And you are? (Judging by your name, nobody special). :p
Very true, but that does not mean that this market is good to trade in. In fact, I think it is terrible. You won't make lot's of money, since you...
That is a 27 year chart, you realize that, right? So, 1) when you zoom in the setups are less than obvious 2) you have to wait years for a...
RSI means little in normal times and even less now! This isn't the stock market. This is forex, the relative valuation of currencies. Also, it...
There is a good chance this thing won't come back down for a long time.
And the fact that all this was a fluke based on easy credit does not bother you at all?
And the difference to today is what exactly? The economy will slow, but you will make money because you have cash??? huh? :confused:
Crazy German guy starts burning money on youtube.com Same guy who predicted $350 oil. http://www.youtube.com/watch?v=PhvHxpiBVaA
I don't want to model the future. I want to know the current P/E.
The chart at http://www.decisionpoint.com/TAC/SWENLIN.html still has it around 20. Bigcharts has it at 12. Which is it???:confused:
Got out at 6.72 avg price. :( :( :( :( :( :(
I'd go with Ginger and Fred. ;)
That's a bunch of "buy and hold" bull that Lynch and Buffet have been feeding people and it hasn't worked for the last 10 years. Guess what....
The opening scene says it all. Sheeple, slave labor, big brother... Chapin had it nailed in 1936. http://www.youtube.com/watch?v=ar7hH9nYQ7s
It's different in so far that it's not 1987 or 2003.
Hmmm, been thinking about the same thing along the lines of SSO
Simple. Credit and leverage has been proping up stocks, not earnings. Ergo no credit, no bull market. Get it?
Nobody said it was. In fact, those bear market rallies make it quite hard to time shorts. Unless you know the company is going out of business.
Then Buffet and Lynch are fools in your book.
Separate names with a comma.