Time to buy the stock market?

[TheBreeze]

We’re 200 points from the November 20 low of last year on the DJIA. According to a recent report, if all the bank stocks go to 0, that would only take the DJIA down another 300 points. Roubini recently said total losses would total $3.6 trillion and the market didn’t really do much.

I think we are due for at least a short-term bounce. We’re close to the November lows, the market has absorbed a ton of bad news, and Obama is set to come out with his economic plan.

As I’ve said before, I’ve continued to Dollar-Cost Average in my 401(k), but now I’m going to buy some of the Dow Diamonds for a short-term trade. Of course, I thought oil was at a bottom a couple of months ago, proceeded to buy some, and it promptly went down about 40%. So SHORT LIKE HELL!

[Nor-LA-SD-guy]

I think I saw a post that the current Auto sales would indicate a 23 year turn over cycle, And that is just one Item that needs replacing at some point.

Home construction is now far below population/home formation growth rates esp for SoCal (and some see that as a future bear indicator, go figure).

I am starting to buy here myself, but I lost quite a bit in 2000 stock bubble so maybe your last point !!.

[Nor-LA-SD-guy]

I think I saw a post that the current Auto sales would indicate a 23 year turn over cycle, And that is just one Item that needs replacing at some point.

Home construction is now far below population/home formation growth rates esp for SoCal (and some see that as a future bear indicator, go figure).

I am starting to buy here myself, but I lost quite a bit in 2000 stock bubble so maybe your last point !!.

[Nor-LA-SD-guy]

I think I saw a post that the current Auto sales would indicate a 23 year turn over cycle, And that is just one Item that needs replacing at some point.

Home construction is now far below population/home formation growth rates esp for SoCal (and some see that as a future bear indicator, go figure).

I am starting to buy here myself, but I lost quite a bit in 2000 stock bubble so maybe your last point !!.

[Nor-LA-SD-guy]

I think I saw a post that the current Auto sales would indicate a 23 year turn over cycle, And that is just one Item that needs replacing at some point.

Home construction is now far below population/home formation growth rates esp for SoCal (and some see that as a future bear indicator, go figure).

I am starting to buy here myself, but I lost quite a bit in 2000 stock bubble so maybe your last point !!.

[Nor-LA-SD-guy]

I think I saw a post that the current Auto sales would indicate a 23 year turn over cycle, And that is just one Item that needs replacing at some point.

Home construction is now far below population/home formation growth rates esp for SoCal (and some see that as a future bear indicator, go figure).

I am starting to buy here myself, but I lost quite a bit in 2000 stock bubble so maybe your last point !!.

[(former)FormerSanDiegan]

Now is a great time to be dollar cost averaging into the market. Many stocks are at P/E ratios not seen since Peter Lynch’s hey-day.

However, I am definitely not amping up my stock allocation or going “all in” or even in large chunks. Too many things can still go wrong to do that.

I don’t know if the stock market will pick up in 2009, 2010 or 2011, but I am betting that 10 years from now it will be largely higher than today.

[(former)FormerSanDiegan]

Now is a great time to be dollar cost averaging into the market. Many stocks are at P/E ratios not seen since Peter Lynch’s hey-day.

However, I am definitely not amping up my stock allocation or going “all in” or even in large chunks. Too many things can still go wrong to do that.

I don’t know if the stock market will pick up in 2009, 2010 or 2011, but I am betting that 10 years from now it will be largely higher than today.

[(former)FormerSanDiegan]

Now is a great time to be dollar cost averaging into the market. Many stocks are at P/E ratios not seen since Peter Lynch’s hey-day.

However, I am definitely not amping up my stock allocation or going “all in” or even in large chunks. Too many things can still go wrong to do that.

I don’t know if the stock market will pick up in 2009, 2010 or 2011, but I am betting that 10 years from now it will be largely higher than today.

[(former)FormerSanDiegan]

Now is a great time to be dollar cost averaging into the market. Many stocks are at P/E ratios not seen since Peter Lynch’s hey-day.

However, I am definitely not amping up my stock allocation or going “all in” or even in large chunks. Too many things can still go wrong to do that.

I don’t know if the stock market will pick up in 2009, 2010 or 2011, but I am betting that 10 years from now it will be largely higher than today.

[(former)FormerSanDiegan]

Now is a great time to be dollar cost averaging into the market. Many stocks are at P/E ratios not seen since Peter Lynch’s hey-day.

However, I am definitely not amping up my stock allocation or going “all in” or even in large chunks. Too many things can still go wrong to do that.

I don’t know if the stock market will pick up in 2009, 2010 or 2011, but I am betting that 10 years from now it will be largely higher than today.

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

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