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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (3183)10/14/2008 9:20:16 AM
From: Gottfried  Respond to of 5891
 
Jerome, with the government helping some financial firms I cannot predict the effect that has on the stock price. So far this morning the banks getting cash are up. I interpreted the need for help as negative and expected the banks to go down.

Yes, an ETF will mitigate this.



To: Jerome who wrote (3183)10/14/2008 9:26:37 AM
From: robert b furman2 Recommendations  Read Replies (1) | Respond to of 5891
 
Hi G and Jerome,

Certainly the debt load too be carried by the consimer remains large - albeit at a lower carrying cost.

Energy costs crsahing help big time - I maintain this was the source problem.

Past obligations were squeezed by the nonnegotiable rise in comsumers energy costs which were required for their daily lifestyles.

THIS IS A CAUSATION LESSON WE MUST NOTE AND RESPOND TO/FROM.

I believe the subject of liquidity and confidence are fast fix issues.

It must be noted that the foreclosure rate is still a small sector of the total picture.

I see a much quicker rebound to this somewhat trumped up story.

Lower energy costs will lead it.

Durables will be depressed for a while.

The nature of good bottoms is this will never again recover - remember IC and chips in October 2000,we are making more of them now than ever and have been for years.

That would not have been a popular viewpoint in October 2000.

We've seen the bottom - possible retest at year end,but the worst washout in history is behind us.

JMHO

Bob



To: Jerome who wrote (3183)10/14/2008 11:01:59 AM
From: willcousa  Respond to of 5891
 
the problem with financials is that there are probably going to be some nasty surprises and who knows where. the financials themselves won't know. So if you are going to play this you need a highly diversified vehicle. Not my thing so I can't suggest one.