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I tune off the talking heads. They tell the public to buy high while they are selling, and tell the public to sell while they are accumulating. Joe Battipaglia, Gary Schilling, and Nouriel Rubini, I find worth listening to for a more macro view of events.

It is true that we are in a deleveraging economy with lots of layoffs up ahead, but all of this has been discounted by the worse market sell-off since the 1930s. The question is, whether things can be turned around. I think that there is a distinct possibility that the new administration can...

Market came close, but didn't trigger my Buy. Hopefully, the market will trade lower tomorrow. Continuing to accumulate.

Market holding. Placed a limit Buy order on QLDs that has not yet executed. DDMs actually have a better chart, but I am speculating a bit on NASDAQ 100. Selling is weak. Shorts are hoping for another panic sell off, but I don't see it. Redemptions overall seem to be ebbing and accumulation underway.

Institutions are accumulating. Market action today so far is impressive from a medium term Bulls point of view - i.e. several months. Will be accumulating more today if price/volume information supports a buy. So far it does. Rich

We shall see, but I doubt that people are going on any spending spree any time soon. No money, no credit, no desire, no need. As for inflation, there is no sign of it anywhere - and probably will be no sign for many, many months to come. It is really almost impossible to gleam inflation in a...

I think it is very easy to be Bullish based upon expected fiscal and monetary policies. Shorts will be fighting some tremendous headwinds, The one thing going for shorts, is that the Feds have done very little to forestall foreclosures. This will probably change as soon as Obama and the...

The short term treasury rates are just about zero so there cannot be any more rate cuts that will affect the markets. Fed Funds are pretty superfluous to the equation once Treasuries are at zero. However, the next big thing that the Feds will do to reverse the direction of the economic...

I agree that government can't force, but they can very strongly affect the market. Backstopping all types of securities and firms certainly changes the risks associated with different investment options. Rich

Thanks.

Hi, Can you elaborate on your preferred vehicle for trading? I agree with your sentiments about stocks. Rich

I agree that all of the liquidation has caused the 50% drop, however, the money is now parked in Treasuries and Money Funds that are yielding next to nothing. This is the intended effect of monetary policy which seeks to induce (force) investments into other assets. I think to a large extent it...

If the market was to be driven by consumer spending, going forward, I would not be in the market. Individuals (and corporations) are entirely tapped out, and it will take years for them to deleverage to a sustainable level. Credit will no longer be extended to overleveraged individuals and...

Personally, I am not daytrading. I am hypothesizing an overall asset expansion over the next couple of years, fueled by huge government fiscal and monetary expansion. Therefore, I am accumulating leveraged EFTs (Powershares Ultra QLDs, and SSOs) to take advantage of my hypothesis. For day...

Yes, I agree. And I believe that the market is already anticipating much of this, which is why it appears to be bottoming with a huge run up over the last few days. Here is a good economist to watch for insightful information going forward: Nouriel Roubini

The short-lived commodity inflation was caused by speculators who had access to very inexpensive money - courtesy of the Federal Reserve. It was predictable (lots was written about it), but short-lived because the deflating asset bubble, caused by extraordinary debt burden, was inevitable. Lots...

I think most of the redemptions are done. If anything, redemption money now has to be put to work since it is sitting on the sidelines. Institutions are not going to leave the cash in Treasures earning 0% for long. Hedge funds and mutuals are also sitting on lots of cash, in anticipation of some...

Retail/consumer sales will probably remain quite dismal for the foreseeable future. Spending will most likely come from heavy capital spending spurred by government projects. It will keep people in jobs, while the economy tries to work out the housing deflation problem. This is the core issue...

It is not surprising to see the stock market react similarly to a huge asset bubble in our economy. Debt/GDP ratio in the 1920s and 2000s were equivalent, as individuals and corporations borrowed like there was no tomorrow - and then the bust. However, followup to the piercing of the asset...

As with all potential bottoms, indicators are inconclusive and cannot be relied on. However, A/D and Accum/Distribution seems to indicate accumulation is underway. Billions of dollars in cash now have to be slowly put to work by institutions. They will work to get the best price they can. But I...