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WTF - Fortis, RBC, Barclays, GS - all calling for a FINANCIAL MELTDOWN!!!!
- Thread starter chewbacca
- Start date
Excellent Commentary, ByLoSellHi
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ByLoSellHi Wrote
Analysts are idiots who set arbitrary price targets on stocks - with suspicious upgrades and downgrades.
It's a practice that is rife with manipulation and should be banned.
It has as much credibility as the ratings of Moody's and S&P approximately a year ago. Great job on MBI and ABK
Had you relied on those ratings, you'd have had your ass handed to you.
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Good post....
Look....if you or I ....made promissory statements about the future value of something...and caused someone to spend their money counting on what we said.....and in a short period of time....the price does just the opposite.....and we just say we are sorry....better luck next time....while keeping 3% or more of the money.....Do you think that we would win in court ? And is court not just another take on the initial money ? This is called legal largesse...
Would it not be interesting to see the cumulative accounting statements that followed the numbered Merrill Lynch rating system.....when indeed by costs alone ....guarantees a sub market performance ?
What is very interesting is the number of pundits that continue to blabber on the media that never have any skin in the game.....and never have ?
Success in stocks...scalping or investors is a "self " game......almost everything else is bullshit in its highest legal largesse form.....
Nothing wrong with it.....just know what it is......
...........................................................................................
ByLoSellHi Wrote
Analysts are idiots who set arbitrary price targets on stocks - with suspicious upgrades and downgrades.
It's a practice that is rife with manipulation and should be banned.
It has as much credibility as the ratings of Moody's and S&P approximately a year ago. Great job on MBI and ABK
Had you relied on those ratings, you'd have had your ass handed to you.
...............................................................................................
Good post....
Look....if you or I ....made promissory statements about the future value of something...and caused someone to spend their money counting on what we said.....and in a short period of time....the price does just the opposite.....and we just say we are sorry....better luck next time....while keeping 3% or more of the money.....Do you think that we would win in court ? And is court not just another take on the initial money ? This is called legal largesse...
Would it not be interesting to see the cumulative accounting statements that followed the numbered Merrill Lynch rating system.....when indeed by costs alone ....guarantees a sub market performance ?
What is very interesting is the number of pundits that continue to blabber on the media that never have any skin in the game.....and never have ?
Success in stocks...scalping or investors is a "self " game......almost everything else is bullshit in its highest legal largesse form.....
Nothing wrong with it.....just know what it is......
Quote from gnome:
I believe Bush is heavily responsible for the inflation. Heavy deficits for his personal Iraq war are inflationary.
The Fed's "money pump on steroids" is also highly inflationary. They know this, too... continue anyway and lie about it's impact.
Bush and the Fed are in cahoots on this. Both deserve the majority of the blame, IMV.
Anyone that has taken a look at a chart of the U.S. Dollar over the past 7 years, combined with Bush's inability to use the VETO PEN on more than one single occasion, can easily see how toxic this Administration has been to the economic vitality of our country.
Even super Republican Larry Kudlow has thrown in the towel on being bullish on stocks. I'd never thought that I would see the day . . .
Quote from libertad:
What is very interesting is the number of pundits that continue to blabber on the media that never have any skin in the game.....and never have ?
Success in stocks...scalping or investors is a "self " game......almost everything else is bullshit in its highest legal largesse form.....
Nothing wrong with it.....just know what it is......
Very well said.
Quote from Landis82:
Anyone that has taken a look at a chart of the U.S. Dollar over the past 7 years, combined with Bush's inability to use the VETO PEN on more than one single occasion, can easily see how toxic this Administration has been to the economic vitality of our country.
Even super Republican Larry Kudlow has thrown in the towel on being bullish on stocks. I'd never thought that I would see the day . . .
OK Einstein:
Try looking at a monthly chart.
http://research.cibcwm.com/economic_public/download/smay08.pdf
Go to page 4 ... these energy prices are changing market balances.
Go to page 4 ... these energy prices are changing market balances.
Quote from musclemoney:
One thing I am noticing is the fact that the IBES charts show equities under valued by 45% at present time. In 1999, equities were over valued a little over 60%. Of course, we all know what happened in 2000-2002. What do you think?
You can say goodbye to undervaluation after earnings start falling. Consumer goods might still get a lift on Q2 from the tax rebate checks but Q3 will come.
Meanwhile the peak of ARMS will only explode in Q1-Q2 2009. And that's only the peak. This is a slow motion train wreck. Seemingly slow enough that there's time for rallies when the most exuberant have forgotten that the train is still moving towards the inevitable.
bffft yawwn
markets will rebound, I'll make more money
markets will rebound, I'll make more money
Quote from stock_trad3r:
bffft yawwn
markets will rebound, I'll make more money
Aren't we on the verge of entering a bear market leading to your self-banning?
You will be missed You were one of most comical characters of all time. Maybe you can reincarnate as your Handsome persona. That guy was great!