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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: cmg who wrote (14062)4/28/2013 1:22:57 AM
From: Yorikke3 Recommendations  Read Replies (1) | Respond to of 33421
 
In a recent public radio discussion over the flash crash that occurred after the hacked news feed, the announcer and the 'expert' concluded that no damage was done to the public, as the stock values returned to their original states within seconds. There was no mention that there are 'machine traders' that now read the news streams, and there seemed to be absolutely no understanding of the concept of stops, the triggering of stops, and the huge amount of money that may have been made by just washing people out of their trades. It was disgusting to listen to 'experts' on a national news show be so ignorant of even the simplest of market concepts. Perhaps they are just voices, not real people, and just another aspect of the machines. That makes more sense to me than stupid ignorant people glibly defending the status quo because they are too lazy to do even minimal research.....

When any flush comes most people will be watching it on TV with with chicken hanging from their mouths.....
youtube.com don't have to change many words....



To: cmg who wrote (14062)4/30/2013 9:45:22 AM
From: richardred1 Recommendation  Read Replies (1) | Respond to of 33421
 
FWIW- Post at face value "The Trend is Your Friend" I used to remember Stan Weinstein & the late Mary Zwieg saying this many times. Weren't Henry Kaufman or Joe Granvlle the original Dr. Dooms?
BTW- IMO Long ago Joe G moved markets. However,Joe Granville missed one hell of a bull market and suffered because of it. Lou Rukeyser and Marty must be grinning. RIP I'll post the Dr. Doom I know. a reminder to myself that he maybe lurking.





Dr. Doom: Buy stocks while you still can By Maureen Farrell | CNNMoney.com – 10 hours ago


The famously gloomy economist Nouriel Roubini has finally fingered an investment he likes. But his advice carries an expiration date.

Roubini is predicting an uptick in stock prices over the next two years as the Federal Reserve continues its stimulus efforts. But buyer beware, Dr. Doom says, because a day of reckoning is lurking at the end of the two-year horizon.

Roubini, an economics professor at New York University best known for predicting the U.S. housing crisis, thinks the Federal Reserve and other central banks around the world can and will prop up stocks and bonds for the next two years.

The Fed, he said, is creating the same problems that led to the financial crisis in 2008 by keeping rates near zero. "They are creating massive fraud," Roubini said during a panel at the Milken Institute Global Conference in Beverly Hills, Calif. Monday.

He pointed to the junk bond market as one example of a bubble.

"At some point, there's a levitational problem," said Roubini.

When gravity sets in, Roubini says there will not be a recession but a depression.

With slowing global growth, it's impossible to keep stocks and bonds at these valuations. "The global growth scare would imply that commodity prices should be lower, bond yields should be lower, and equities should be lower," he said.

Europe remains the biggest threat or so-called tail risk. Roubini said it has become clear that the recession has moved from what's considered peripheral Europe or Spain, Italy, Portugal, and Ireland and into the core Europe. Only Germany, he said, looks somewhat immune.

Investors might want to ride the bubble higher. "In the short-term, it's great for assets."

finance.yahoo.com