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Strategies & Market Trends : SiliconInvestor All Stars Forum

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To: CapitalistHogg™ who wrote (526)3/8/2007 12:04:43 PM
From: John VosillaRead Replies (1) of 1718
 
'I can't wait to load the boat at prices much lower than here.'

Yes, a 2-4 month downturn, panic on the streets with the VIX spiking to 40.. Perma bears will then tell you a depression is on the horizon, while when the market is up it is just the PPT at work.. Fleck, Roubini and perhaps even Mish make it on CNBC and have their minute in the sun the next market crash trying to sound so smart as if listening to these guys for any prolonged period of time didn't wiped you out first<g>

For now I just day trade..keep a couple of longs and wait for XLF and SPY to get back to the 50 dma before thinking of entering puts..

I apologize to LIG if this goes off topic. I understand managing hundreds of millions of dollars with protocol to be fully invested puts you in a different mindset. You must be bullish especially when everybody else is, can't just jump in and out and it is a slow steady race to stay ahead of the averages..

The weak dollar, very low long term rates and inexpensive big caps make the US stock market indexes still attractive relative to alternatives. Certainly a Prizer with a earnings yield around 9% versus the 10 yr at 4.6% or residential bubble real estate at 1-3% is quite attractive.. But that is not the problem. Can't expect further stimulus from a lower dollar and lower rates from here and the financial impact of the housing bust/ inverted yield curve have yet to be felt..
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