Friday, 10/11, Market WrapUp (No, Virginia, this isn’t the bottom.)

Financial Sense Online ^ | 10/11/2002 | James J. Puplava

[Always Right]

It just shows your ignorance when you post such statements. Anyone who has read a fraction of Puplava's prodigious writings recognizes that your assertion is laughable.

Not half as laughable as Puplava's doom and gloom.

[razorback-bert]

Money and weapons, slaves aren't allowed either.

[EVO X]

Not half as laughable as Puplava's doom and gloom.

I am listening to Bob Brinker right now. He doesn't have his stock market cheerleader uniform on.

[Always Right]

I am listening to Bob Brinker right now. He doesn't have his stock market cheerleader uniform on.

Brinker is still very concerned, but still expects a great buying opportunity in the not so far off future. Puplava no matter what the news is, spins it in the worst possible way. Brinker offers a much more balanced perspective on the markets. BTW, did you know there is over $2 Tillion sitting in money markets right now. During the boom years there was about $500 Billion. That's a lot of money just sitting on the sidelines waiting for good news to jump back in and send the markets soaring.

[STONEWALLS]

..."I don't know why I am describing my situation online. I guess I am hoping for either a)validation or b) some good pointers"

.....I think you're smart to avail yourself of investing discussions on the net....I wish we'd of had it when I was 34...all we had back then was Louis Rukeyser on Friday nights....let's face it, investing can be a lonely business...the anonymity of the net has helped relieve some of that....

Good luck to everybody!

Stonewalls

[steveegg]

D'oh! Forgot about Columbus Day. May I revise and extend my remarks to reflect this?

[steveegg]

I don't know how the system mixed up replies 25 and 26. I am of a neutral position on gold (I have just enough knowledge of that market to keep my yap shut regarding it), but I'll gladly take advice.

[EVO X]

That's a lot of money just sitting on the sidelines waiting for good news to jump back in and send the markets soaring.

When the market finds a bottom, I expect real returns of 7-9%. The days of 15-20% annual gains are long gone. Did you do something this year that got you a 10% pay raise?

[imawit]

No no no no and no. Don't pin that on me. Let's just call it beginners luck for now. I really brag when I know it's for real

[rohry]

"Brinker is still very concerned, but still expects a great buying opportunity in the not so far off future. Puplava no matter what the news is, spins it in the worst possible way."

Yep, Brinker (the Liberal) is very concerned and "expects a great buying opportunity in the not so far off future."

So does Puplava, but not in stocks. Why does this make Brinker a better sage than Puplava? You never responded to my post about Brinker's great QQQ call 2 years ago, did he predict a Tech boom to get a Democrat elected?

"BTW, did you know there is over $2 Tillion sitting in money markets right now. During the boom years there was about $500 Billion. That's a lot of money just sitting on the sidelines waiting for good news to jump back in and send the markets soaring."

These are sheeple that are scared sh$tless and are looking for direction or people that are waiting for prices to come down to a reasonable level (like me, my money has been on "the sidelines" since January 2000). What "good news" do you anticipate Mr Always Right?

[Always Right]

What "good news" do you anticipate Mr Always Right?

Actually not that much, but I don't see this Great Depression that Puplava seems to think we are on the brink of. I see slow growth, but growth none the less. I see a very strong housing market. I see extremely good mortgage rates and low inflation. Unemployment is by historical standards is still good. Corporate Earnings may be a bit sluggish and the stock market has come down to earth and consumer confidence is low, but the picture Puplava paints is absolutely lunancy. I am sure Brinker has made some bad predictions on certain items, but he is much more level headed than Puplava, who needs to be fitted for tinfoil IMHO. I hope some people make some money in Gold because it is long overdue, but I will never buy into the conspiracy like BS that is being pushed.