Wednesday, 10/9, Market WrapUp (Derivative model breakdown?)

Financial Sense Online ^ | 10/9/2002 | James J. Puplava

[SierraWasp]

I understand what you are saying. The article itself and reply #66 are prime examples of what I was referring to.

[Tauzero]

"Well, if we are in a 10-15 year bear market at least my kids will live long enough to see the market recover. "

That's the way I like to look at it -- a GOLDEN opportunity for them. Like getting in on the stock market in 1932.

The trick then was surviving from 1929 to 1932 with capital intact.

[Tauzero]

"There is a lot of money moving out of equities."

Just yesterday I convinced the other two trustees of our retirement plan to move to 80% short-term government securities, a move I first suggested almost 2 years ago.

Naturally, I think the probability of a significant low (but not THE low) this month is good. ;)

Ah well. There will be plenty of time to ride the tide that lifts all boats when it does in fact arrive.

[Tauzero]

"I still can't figure out an emotional politicized market for the life of me"

Is there any other kind of market?

[Tauzero]

Ah yes, Prudential -- the same guys who gave a strong buy recommendation for JDS Uniphase smack at the peak price.

[cibco]

Your #73 is a great summation of the discussion on Market WrapUp. Most here are looking to the return of some sort of sanity to the market. Some were fortunate to see it coming a few years ago while being mocked by the "Buy on the dips crowd". Let's see what happens from now on...

[Tauzero]

What is wrong with post 66? It contains little more than historical quotes from some respected gentelemen.

[headsonpikes]

RE: 'We're all going to die'.

Your persistently bearish sentiment is like...a downer, man.

Look on the bright side...gravity will no longer be a constant threat, at least.

And the voices in your head should quit.

[rohry]

Thanks for your post. I had read it in June when you posted it on another thread...

[steveegg]

One that hasn't been completely politicized?

[#3Fan]

With Iraq, NJ election fraud, and the DC sniper not many are paying attention to the bleeding to death of the stock market. Another 200 pt down day. Ho hum. I guess it will take some other financial calamity to wake people up. My guess is that calamity will be real estate bubbles bursting leading to loan defaults leading to bank failures leading to the US looking like Argentina.

I don't think it's a matter of some not paying attention, I think it's a matter of going into hiding until the Dow hits 9000 again. :^)

[#3Fan]

Sure looks like this thread is one of the few businesses that has picked up as of late.

Still ain't seeing many cocky bulls. LOL

[#3Fan]

Are some of the people here so thrilled over their dire SWAG's that they would be happy to see this nation pulled down in a (what the hell was that eupheumism for a crash), followed by a depression? If so... that's the same prayer that's on the terrorists lips!!! (or the UC Berkeley protestor, yellin... "Bring it all DOWN, maaaaaaaannnn!!!"

The sooner the market reaches gets out of the bubble, the sooner it can rise with productivity.

[#3Fan]

Good post. You're exactly right. Bubble markets are very dangerous for the common investor (and everyone, really).

[SierraWasp]

"Ten years from now, you'll be glad you did."

I probably shouldn't say anymore on this thread as I'm kinda new to this series of threads, but I really appreciate your comments. They add at least some balance.

The "Gold Bug" asprin doctors and the longing for a return to the gold standard and the dumping of the Federal Reserve is not a rational expectation IMHO. It's just like expecting simplification of the tax code, or it's abolition, too. It's just a complete waste of words.

I guess I should do the popular thing and not comment beings the overdose of negativity causes me irritation and just lurk. But I can't help it. I find the whole subject intriguing. Of course I sell them front loaded MF's instead of the so-called "no-load" MF's. I just get tickled pink when them "Class A Shares" occasionally roll right past the "no-loads!"

Avoiding commissionable funds is kinda like buying tires at the warehouse and putting them on yourself without gettin 'em trued, balanced or aligned. Performance potential with professional management actually can work better in many situations. Two heads are often better than one.