SI
SI
discoversearch

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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (169449)12/6/2008 12:56:01 AM
From: James HuttonRespond to of 306849
 
"I want to see a real base on that one first. And on Alcoa. It's cheap but could get cheaper in a prolonged recession"

Dude . . . recession will be over in a few months. . . . Market always anticipates end of recession; get in now/opportunity of a lifetime . . . (and today's new b.s. line) . . . market bottomed in '73 with highest unemployment number, so all the bad news is baked in. I just picked up this book at 1/2 priced books called "Dow 36,000." I think it's a sign of things to come.

Seriosly, I'm still trying to figure out how the market missed the recession beginning in December 2007, since the market always anticipates the economy by six months. But the NBER is completely unbiased, so I'll stop asking questions.

Not too surprising on Fleckenstein - or any short manager - this market is exhausting.

Reinsurers have been strong. Still some selling below book, but I fear the way this market is that won't last. OTOH, nice premium growth for the first time since Katrina/Wilma.