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

To: ajtj99 who wrote (191635)	3/18/2009 8:12:48 PM
From: James Hutton	Read Replies (1) \| Respond to of 306849

Or how about when earnings start coming out in mid-April and still no one is inclined to give any guidance, except Bob Toll, who will say everytime they have a promotion lots of people show up for free cookies and punch.

To: ajtj99 who wrote (191635)	3/18/2009 8:18:58 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

It sounds like you believe that THE bottom is in, or is at least in for a long time. What is it that you've seen that inclines you to believe the bottom is in? I suppose the bottoms in C, BAC, and GE could be viewed as climax bottoms, but a ton of stocks I follow never really had that throw-in-the-towel moment. The ability of the C/BAC/GE bottoms to stick will ultimately depend on whether or not their businesses actually have any equity left at all. There's no question the banks aren't going away - but I think the issue of whether or not their stocks go away remains a matter of debate. It's entirely possible that these are in fact worthless given how upside-down their balance sheets have become. At what point do the falling knife catchers take their profits there? Lots of things up against overhead resistance now. I guess if it keeps just on running, it will answer me quickly. `BC