BULL VS. BEAR: THE 2010 OUTLOOK
13 December 2009 by Cullen Roche
5 Comments
A few different perspectives from highly respected traders for 2010. This week we have Todd Harrison vs. Jeff Saut and John Markman:
The bulls:
The bear:
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Comments
“I’ve never seen a bull market in which there is so little joy”.
… could it be that the under-joyed traders have unemployed siblings back in Bumfork, OH?
Get their news from somewhere other than CNBC?
Walk past the national debt ticker each day?
Have children of their own?
Agreed there is not a lot of joy in this rally. Until we get through this bs and start getting rid of the insolvent banks,reits, etc. we are basically just building up more debt to pay off.
TPC, for your perusal:
http://www.creditwritedowns.com/2009/12/mental-midgets-and-moral-pygmies.html
Some of these people won’t be well respected come next year lol
Jon Markman was bearish at the bottom and now he’s an uber-bull. I don’t get this guy.
2/5/09
Too late to avoid a depression?
“Policymakers are quickly running out of time and room for error. And even a brilliant plan — which we haven’t seen yet — could fail without some good luck.”
http://articles.moneycentral.msn.com/Investing/SuperModels/too-late-to-avoid-a-depression.aspx
3/17/09
Market rally just misguided optimism
“Don’t get excited about the past week’s rally. The bear market’s keys — tumbling demand and the death of credit securitization — aren’t likely to improve soon.”
http://articles.moneycentral.msn.com/Investing/SuperModels/market-rally-just-misguided-optimism.aspx
3/27/09
Bank plan buys time, but that’s all
“A nearly painless, win-win solution for Wall Street and taxpayers? Don’t believe it for a minute. But the hoopla gives investors a chance to profit in the short term.”
http://articles.moneycentral.msn.com/Investing/SuperModels/bank-plan-buys-time-but-thats-all.aspx