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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. When you have that kind of money you can make any board of directors jump on command. The risks he takes are much less and you know it. So it just...

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 absolutely have to keep leverage low. That said, I think that some of the fear is justified. People have lost their deposits in banks. That's just...

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 particular setup. In fact, technically, triangles that form that long aren't really triangles, that was more like a breakout from resistance. I've been...

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 has no direction! When it comes to E/A its gets worse: You are dealing with the relative strength of two relatively valued currencies (EUR/USD and...

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 SP500 is still in rip-off territory. We aren't even near fair value, let alone undervalue.

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.