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01-03-2013, 10:33 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Quote:
Originally Posted by azphx1972
... is it another piece of sensationalist journalism?
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+1
And perhaps a buy signal...
__________________
Numbers is hard
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01-03-2013, 10:33 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,304
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Quote:
Originally Posted by azphx1972
Is there any water to the arguments raised in the commentary, or is it another piece of sensationalist journalism?
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Yes to both...
If it ever really happens, we'll all be blindsided, even the pros though they'll recognize it before mainstream investors. Someone will undoubtedly "call it" - for the same reason that chimps playing darts can pick stocks (some have to be right if only by chance).
You've noted the most famous earlier example, I'll never forget that issue. They sold a lot of issues, which was the objective...the content is secondary.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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01-03-2013, 10:42 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 4,872
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Quote:
LONDON (MarketWatch) — Anyone who invests regularly will inevitably spend a lot of time thinking about which nations and bourses are doing well, where the smart money is going, and which is likely to be the next index to soar or collapse.
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Well the start of the article isn't too promising, he's got me all wrong!
__________________
“So we beat on, boats against the current, borne back ceaselessly into the past.”
Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent
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01-03-2013, 10:46 AM
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#5
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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I'm putting my money in tulip bulbs.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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01-03-2013, 10:51 AM
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#6
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Thinks s/he gets paid by the post
Join Date: May 2005
Location: Texas
Posts: 1,038
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Quote:
Originally Posted by Bestwifeever
I'm putting my money in tulip bulbs.
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No, Emu oil is where its at for smart investors.
__________________
In theory, theory and practice are the same. In practice, they are not.
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01-03-2013, 10:55 AM
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#7
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Full time employment: Posting here.
Join Date: Dec 2010
Posts: 576
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The two other books this perpetual optimist will be publishing are
Bust: Greece, the Euro and the Sovereign Debt Crisis (2010)
The Long Depression: The Slump of 2008 to 2031
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01-03-2013, 10:58 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,242
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Much to do about nothing....
This past decade has not been the best time to do an IPO for most industries....
Wait until the economy is doing well (whenever that will be) and this will be a non-story...
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01-03-2013, 11:30 AM
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#9
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Recycles dryer sheets
Join Date: Jan 2012
Location: Colorado
Posts: 254
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Quote:
Originally Posted by Lazarus
No, Emu oil is where its at for smart investors.
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How about chinchilla fur !!??
__________________
Don't you know that dynamite always blows down ? --- Moe to Curly
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01-03-2013, 12:15 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2008
Posts: 13,150
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Dow was up by only a measly 300 points or so yesterday
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
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01-03-2013, 12:45 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,145
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Don't worry, Nouriel Roubini a.k.a Dr. Doom has a special message for everyone today:
Dr Doom: The US has not yet woken up to its fiscal nightmare
__________________
Retired since summer 1999.
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01-03-2013, 12:53 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 4,872
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Quote:
Originally Posted by audreyh1
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Nou Nou was a drinking buddy of mine back in the late 1980s. He talks more sense now than he did back then and I pretty much agree with everything he says in the article. I'd also include a need to cut military spending. increasing the age for SS and Medicare, maintaining growth and halving the cost of US healthcare.
__________________
“So we beat on, boats against the current, borne back ceaselessly into the past.”
Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent
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01-03-2013, 01:01 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2011
Posts: 8,420
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Sooner or later the $4B that is still sitting on the sidelines has to go somewhere in the 'new normal'. IMO equities are still cheap.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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01-03-2013, 01:05 PM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,242
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Quote:
Originally Posted by marko
Sooner or later the $4B that is still sitting on the sidelines has to go somewhere in the 'new normal'. IMO equities are still cheap.
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Don't you mean "T", as in trillions
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01-03-2013, 01:09 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2011
Posts: 8,420
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Billions, trillions...whats the difference!! Just a few zeros.
Thanks, you're right.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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01-03-2013, 03:23 PM
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#16
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Gone but not forgotten
Join Date: Jul 2012
Location: Peru
Posts: 6,335
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The coming few months should be interesting for chartists. The confluence of change in a great number of market factors promises more volatility than we've seen in some time.
If Bernancke backs off on interest rates, we may be looking at some major changes in Shadow Banking. This may not be all bad, but the bond market could become scary.
At the same time, the US is not alone in debt-driven assets. A good guess might be that there will not be a safe haven in international currency... particularly China. If this brings a degree of worldwide stability, the long term result could be good.
At the least, moderate to small increases in the Fed rate can stave off inflation, which is more of a threat to the economy and personal wealth than a drop in equities.
Watch the VIX for indications of a correction in the coming 6 to 9 months. Some prognosticators are looking for a new floor with a 20% drop.
Finding the right buy-sell point is going to be a challenge.
My opinion only... just reading between the lines.
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01-03-2013, 04:58 PM
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#17
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,724
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Quote:
Originally Posted by azphx1972
Is there any water to the arguments raised in the commentary, or is it another piece of sensationalist journalism financial porn?
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FIFY. The latter.
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01-03-2013, 07:28 PM
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#18
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Recycles dryer sheets
Join Date: Dec 2012
Posts: 113
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Thanks. Personally I'm betting the farm (my retirement savings) on equities, so I'm hoping the author is wrong as well.
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01-04-2013, 09:47 AM
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#19
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
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Quote:
Originally Posted by azphx1972
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When we brake through 20,000 on the Dow these same people will be saying we are going to 40,000.
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01-04-2013, 10:03 AM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Quote:
Originally Posted by ripper1
When we brake through 20,000 on the Dow...
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I'm hoping we'll coast through or maybe even accelerate through, not brake through, but who knows...
__________________
Numbers is hard
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