To All, Barron's mini review. 1. Abelson pokes fun at the stocks that are rallying because they barely beat previously lowered numbers. 2. He also quotes an intl. hedge manager who hates Japanese bonds, loves Japanese stocks, and loves the Euro. Good poop here. 3. An excellent article on Doug Cliggott, a strategist from J.P. Morgan who disliked techs at the top and still thinks the market is not going anywhere. Alas, despite some bright ideas, he is still tied to the underweighted/overweighted flim flam the indexers have insinuated into every financial discussion. I guess I just don't see the point of saying you dislike financials and cutting the weighting from 9.1% to 6.1%. If you are right, 6.1% of your portfolio is going to suck wind. No wonder these guys never make any money.
4. An article in praise of stocks with dividends. I like science fiction as much as the next guy. <g> 5. A boring fluff list article. Bait for advertisers. 6. An interview with a value fund manager who isn't losing money. Yet. 7. "Coal Shares Are Red Hot" quotes my buddy, Dan Roling, an II All American Analyst with Merrill. Dan kind of shoots down the article's thesis by stating that you should buy coal stocks when they are cheap, not after a long price rise. Dan, old buddy, they are going to drum you out of the brokerage analyst fraternity for speaking such heresy. <g>
Mailbag was good, with some potshots at the Legg Mason guy who did fairly well the past 10 years. Also, a fella talks about how it didn't take until 1954 to get even if you bought in 1929. If you reinvested your dividends, you got even in 1943. Heck, I'm sure bulls can do 14 years standing on their heads. If they can first extract their heads from their..., whoops, this is a family thread. <g> |
