Comments on: THE “GREAT RECOVERY” IS OVER, TIME TO SELL STOCKS http://pragcap.com/the-great-recovery-is-over-time-to-sell-stocks Sat, 26 May 2012 09:29:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Russ Smith http://pragcap.com/the-great-recovery-is-over-time-to-sell-stocks/comment-page-1#comment-7670 Russ Smith Fri, 23 Oct 2009 02:25:59 +0000 http://pragcap.com/?p=11166#comment-7670 Hi!!, Everyone: I'm going to go along and agree with Thomas Edison who was heard saying: "Not one person on this planet knows 1 millionth of 1% about anything!" So, my best guess is that this market is coming from a bubble up economy stimulated by Fed.'s interventionism of trillions of bailout money, because the move up seems countercyclical to our nations' employment picture. We should be investing in our nations' capitalist companies' prosperity via employing our people; instead of loose money sloshing around in la la land fresh off Helicopter Bens' printing presses with nowhere to go except some bubbling up phenomina that attracts a lot of attention for various and sundry reasons only certain investors understand. One time it was tullip mania. They all seem to end up as crap shoots in the end don't they? Keep everything in "cash is King" until another wave of inflation robs our buying power and obliterates our thriftyness/savings under the so called FDIC insurance scam? We're left with mainly: What's our next guess as to where to put our discretionary funds....huh? Where ever we go we seem to face a commission to go along with it pluss position maintenance costs etc. Maybe a good ole fashioned Depression will help us decide to clean up the actual mess or messes? Sooner or later, looking back from the future, we'll be better able to understand our mistakes and then be forced to correct them or maybe that will be left up to the next several generations? In the meantime that's my best guess, after thinking over what Thomas Edison taught me about us all! Yeh!!, if only the happy days could actually be brought back but oh well! Russ Smith, California Hi!!, Everyone:

I’m going to go along and agree with Thomas Edison who was heard saying: “Not one person on this planet knows 1 millionth of 1% about anything!” So, my best guess is that this market is coming from a bubble up economy stimulated by Fed.’s interventionism of trillions of bailout money, because the move up seems countercyclical to our nations’ employment picture. We should be investing in our nations’ capitalist companies’ prosperity via employing our people; instead of loose money sloshing around in la la land fresh off Helicopter Bens’ printing presses with nowhere to go except some bubbling up phenomina that attracts a lot of attention for various and sundry reasons only certain investors understand. One time it was tullip mania. They all seem to end up as crap shoots in the end don’t they? Keep everything in “cash is King” until another wave of inflation robs our buying power and obliterates our thriftyness/savings under the so called FDIC insurance scam? We’re left with mainly: What’s our next guess as to where to put our discretionary funds….huh? Where ever we go we seem to face a commission to go along with it pluss position maintenance costs etc. Maybe a good ole fashioned Depression will help us decide to clean up the actual mess or messes? Sooner or later, looking back from the future, we’ll be better able to understand our mistakes and then be forced to correct them or maybe that will be left up to the next several generations?
In the meantime that’s my best guess, after thinking over what Thomas Edison taught me about us all!
Yeh!!, if only the happy days could actually be brought back but oh well!

Russ Smith, California

]]> By: Peter Strickler http://pragcap.com/the-great-recovery-is-over-time-to-sell-stocks/comment-page-1#comment-7516 Peter Strickler Tue, 20 Oct 2009 22:46:22 +0000 http://pragcap.com/?p=11166#comment-7516 Lots of USA companies reporting earnings this week, but I have a real problem with them when looking a couple of quarters into the future. The dollar is worth less 20% or more against almost all other currencies. So when these companies have to restock and purchase their goods from overseas, isn’t that going to cost them 20% more and really hurt the bottom line? Lots of USA companies reporting earnings this week, but I have a real problem with them when looking a couple of quarters into the future. The dollar is worth less 20% or more against almost all other currencies. So when these companies have to restock and purchase their goods from overseas, isn’t that going to cost them 20% more and really hurt the bottom line?

]]> By: jt26 http://pragcap.com/the-great-recovery-is-over-time-to-sell-stocks/comment-page-1#comment-7508 jt26 Tue, 20 Oct 2009 21:43:42 +0000 http://pragcap.com/?p=11166#comment-7508 Could managers be positioning (falling over themselves) to lock in their bonuses for 2009? Could managers be positioning (falling over themselves) to lock in their bonuses for 2009?

]]> By: James http://pragcap.com/the-great-recovery-is-over-time-to-sell-stocks/comment-page-1#comment-7487 James Tue, 20 Oct 2009 18:38:42 +0000 http://pragcap.com/?p=11166#comment-7487 I am slightly bearish, but timing is important. And I think everyone would not be 'SURPRISED' to see this market crack and crumble. The problem with the "everyone expects the market to go down so it won't" argument is that people will always expect this thing to go down. And they always will. Even if this goes to 50,000 or infinity because nobody believes in a much better future and too many have been fooled/burnt in the past 2 years (let alone their lives) to be naive. We need a catalyst though, that much is certain. And after Q3 data comes out and the Fed begins to slow quantitative easing, a drain of liquidity could be that catalyst... I am slightly bearish, but timing is important. And I think everyone would not be ‘SURPRISED’ to see this market crack and crumble. The problem with the “everyone expects the market to go down so it won’t” argument is that people will always expect this thing to go down. And they always will. Even if this goes to 50,000 or infinity because nobody believes in a much better future and too many have been fooled/burnt in the past 2 years (let alone their lives) to be naive. We need a catalyst though, that much is certain. And after Q3 data comes out and the Fed begins to slow quantitative easing, a drain of liquidity could be that catalyst…

]]> By: billw http://pragcap.com/the-great-recovery-is-over-time-to-sell-stocks/comment-page-1#comment-7481 billw Tue, 20 Oct 2009 18:10:43 +0000 http://pragcap.com/?p=11166#comment-7481 This is just the beginning, but once it starts most people will not be able to get out because there is no depth to this market. This is just the beginning, but once it starts most people will not be able to get out because there is no depth to this market.

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