Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (32610)	10/25/2008 9:22:30 AM
From: Wallace Rivers	Respond to of 78744

This is one that I'll admit to totally miscalculating. If this is the mother of all meltdowns, then we're probably in a period where we stumble around, and may be lucky to tread water for a number of years. OTOH, there are tons of stocks trading at ridiculously low valuations either on a cash on hand/book value basis, or percentage of dividend yield. On the latter, a company like VZ is paying out at the 7% level after having just increased the payout last Q. Bill Gross of Pimco has said that he does not believe this to be caused by panic selling, rather it has, and continues to be, a result of forced liquidations. I guess the ominous question one needs to ask, if you buy into this, is what happens when and if the panic selling does happen?

To: Paul Senior who wrote (32610)	10/31/2008 11:44:47 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78744

OT (?). This (IMO) is not going to be a "normal" recession. Chicago PMI comment: seekingalpha.com A few days ago I said it feels like the economy hit a concrete wall while cruising along at 60mph. I think this will go down in modern history as one of the sharpest slowdowns in the world economy on record. I expect we could see several (2-3%) % of GDP contraction in Q1&Q2 2009. Hopefully I am wrong on that one but I think we will see some abysmal earning reports during the same timeframe.