2010 Investments Discussion

Wall,

i am thinking of grabbing faz as we get into may in a correction hasn't already begun by then.

I'm hip deep in FAZ already..

Sean,

that is what makes me nervous, the old "seems to good to be true"

feeling like John Paulson yet ???

hey Wall, i too got some FAZ before the reverse split and unfortunatly have held on to it thinking the market has to go down! i have noticed that on a down day especially yesterday, FAZ was down a little( might have been in after hours) or goes up just a little, while on up days FAS - not sure if this is the right sym.- jumps a couple of points!! it looks to me like FAZ has a target on its back and somebody wants to punish the shorts. very frustrating!! your thoughts.

You guys kill me !!! Because you've been wrong about the market your now calling-out conspiracy issues.

Sounds like the NBA forum when some-one loses a bet, the fix must of been in right ???

From my first post in the investment section way back in july I've been telling you this markets going up.

To tell you about myself, I never, let's repeat, never listen to pundits.

I've researched the history of the stock market and I know the key indicaters to look for that point to the market going higher and they all say we're going up from here.

Will there be corections, could be of coarse and then again may not be, to try and time those corrections is "fools gold".

Since this market begun to rise in march there have be many negative articles by these pundits posted by people on the internet, they've  all been wrong 1 year later, why on earth would you still keep believing them goes beyond anything I can comprehend.

I know the history of the markets better than most of these pundits, when I watch them many times they "make up their facts"  to fit their "percptions" about what they think is going to happen or their agenda.

These pundits are not held accountable for the accuarcy of their facts.

The market follows earnings and earnings are continueing to rise, in fact so much that earnings are rising at times faster than the market.

Stocks are as cheap as cheap can be at this time, with earnings rising, the 100% perfect recipe for the market to rise not fall.

And now for the first time 75% of company's reporting have beaten the sales as well, so earnings are no longer the result of cost cutting.

Banks reporting blow-out earnings, retail reporting blow-out earnings, it all points to the market to continue to rise.

Because companys have cut the fat from their systems do to cost cutting measures, they now become "lean, mean, money making machines" and when sales rise as they are now earnings will be even better in the future, which means guys, this markets going up from here !!!

Short-it if you wish, but by years end you'll likely get hammered !!! 

From what I've heard the 1st quarter is the best 1st quarter in more than a decade, the result of this is highly, highly likey because of companys beating the sales estimates which is beginning to point to a sustainable econmy.

 

"Stocks are as cheap as cheap can be at this time,"

I'm thinking that a couple viable options for the time being would be Direxion's TNA and MWJ, at least for the time being until we see better evidence of a top end for the markets, then move into the FAZ.

theclaw,

You realize that last quarter banks did not include any loss provisions on loans? They were painting a very pretty picture knowing that if they did earnings would not have existed?

You also realize that the new accounting rules allowed them to mark the values of investments differently and they made a nice chunk off the market move?

I imagine next quarter might be decent as well, especially if they ignore the mortgage issues and push off the increasing delinquencies.

Between accounting gimmicks, weak dollars and completely bogus unemployment numbers, no telling how high the market can go.

One idea, not endorsing it...just considering it....

As Albert Edwards pointed out (analysed in “Leading indicators as buy/sell indicators for equities markets” here) – the lesson from the Japanese experience of the 90’s was to sell the rally when the stimulus was removed.  With the US and China both applying their own versions of the withdrawal method (though we note that Japan is still pumping away as furiously as ever) now is that time .

By the way, I think the economic term for the banks'  prosperity, in particular, is "rent seeking."