...stocks will never go down again in my lifetime.
This is why I quit shaving in November, I can use the full beard as a part of my insanity plea deal.
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I am a crashaholic on the wagon
#2
Posted 03 February 2012 - 06:40 PM
I will be glad to provide a character witness for that.
"I see dead people. Walking around like regular people. They don't see each other. They only see what they want to see. They don't know they're dead." Cole Sear, The Sixth Sense
#3
Posted 03 February 2012 - 07:29 PM
We're getting to the fun part now.
Stocks may seem cheap relative to bonds but that can change.
Cash rates on hold for 2 years at zero, trillion dollar deficits as far as the eye can see, operation twist gets terminated and sovereign defaults mount around the world. And a debased currency is juicing animal spirits.
Never is a long time... maybe it is more like a week!
Stocks may seem cheap relative to bonds but that can change.
Cash rates on hold for 2 years at zero, trillion dollar deficits as far as the eye can see, operation twist gets terminated and sovereign defaults mount around the world. And a debased currency is juicing animal spirits.
Never is a long time... maybe it is more like a week!
There is symmetry in most things. In the markets, the greed on the way up is equal to the fear on the way down.
SCB
SCB
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