"In 5 Years, Everything Will Be Fine"... Buffett

A clue as to when THE BOTTOM is in... Wal-Mart trades <$5.
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Don't laugh. (okay you can if you want to). I sent WMT an e mail and told them I thought their stock was a short and told them why. They called me later in the day and addressed a few of my points (the concerns they didn't address I already knew the answers to) but the jist of my concerns were computer related. (Isn't it always? A safe answer)
 
Quote from nutmeg:

A clue as to when THE BOTTOM is in... Wal-Mart trades <$5.
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Don't laugh. (okay you can if you want to). I sent WMT an e mail and told them I thought their stock was a short and told them why. They called me later in the day and addressed a few of my points (the concerns they didn't address I already knew the answers to) but the jist of my concerns were computer related. (Isn't it always? A safe answer)
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It shouldn't be until the final down portion of the bear market that stocks like Wal-Mart, Autozone, and BJs Wholesale get crushed.. when THEY finally get hit, time to look for the bottom.
 
Now, 5 years...let's see...that makes it 2014. Yup, that makes it about right. My crystal ball indicates that we bottom in 2013. Check out bunch of charts I posted in the ES Journal thread (I believe on 2/27 - 3/01) that supports this claim.
 
Gnome.....

It shouldn't be until the final down portion of the bear market that stocks like Wal-Mart, Autozone, and BJs Wholesale get crushed.. when THEY finally get hit, time to look for the bottom.


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Exactly....

In simple speak....

Once upon a time there was a $70 Trillion economy....

$30 Trillion was lost....

This has to force relative prices down in real terms....

Any company that has highly levered falling asset values....is basically finished....

..............................................................

What is happening at the moment is that there have been
nothing but "money dilution" options presented....

What is going to be very telling is when the govt. starts to sell the $2.9 Trillion at the treasury auctions.....if there are any "failed" auctions....this will accelerate the decline in real terms....

................................................................

There have been no proposals that "would create true wealth"....

Not one....

And more likely than not....there will never be a govt. proposal that will create true wealth....because of the political pain that would have to be endured....Whoever is left would just be voting themselves out of office....

They are in the "votes" game....not what is good for America....

This is exactly why the political system has to be changed....this does not mean that one cannot still have a democracy....

It is possible to have a properly run democracy....
 
Quote from libertad:

"... There have been no proposals that "would create true wealth"....

Not one....

And more likely than not....there will never be a govt. proposal that will create true wealth....because of the political pain that would have to be endured....Whoever is left would just be voting themselves out of office....

They are in the "votes" game....not what is good for America....
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EXACT-A-FARKIN'-MUNDO!!

The NObama POS administration got elected on the premise of "redistributing the pie"... should have been (and always), GROWING A BIGGER PIE!!


:mad: :mad:
 
You guys are so wrong it's sick.... guess that's what makes a market though. We could easily have another significant leg down but in 5, 10, 15, 20 years, this market will be significantly higher and if you disagree then obviously continue shorting and holding... you can short and hold from these levels, I will buy and hold from these levels, we shall meet again in 5 years
 
Quote from gnome:

Doubt it. Could possibly be at the bottom of the credit bubble deflation by then, but any rebound is going to be very slow and weak... with lots more unemployment and lower wages.
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The recovery will be a jobless one. Labor will continue to be insourced and outsourced, which is bullish for the stocks because American labor is too expensive. The problem is pensions and healthcare eat into profits. Unemployment should stabilize around 6%.
 
Quote from drukes1234:

You guys are so wrong it's sick.... guess that's what makes a market though. We could easily have another significant leg down but in 5, 10, 15, 20 years, this market will be significantly higher and if you disagree then obviously continue shorting and holding... you can short and hold from these levels, I will buy and hold from these levels, we shall meet again in 5 years
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Stocks roared to the upside to the tune of 40% higher before the collapse of the Weimar Republic on a declining currency. (Just an extreme example) If the market rallies but the dollar begins to slide, watch out.
 
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