Time to buy the stock market?

[stockstradr]

esmith,

YES, I can understand your pumping and pimping your “miners” to get suckers to buy ’em and push up the price.

After all, you have a LOTTA ground to make up.

You were buying them back in Oct 2008 and advising us do the same:

http://piggington.com/undervalued_stocks

And now your RTP has fallen from your purchase price of $139 down to $86. That’s -38%! Nice call on that one.

If you want to get some suckers to buy and push your tanked mining stocks up, maybe you should try a wider audience like make some videos for youtube.com?

Now I suppose I should finish on a positive note.

I have further tortured my mind by looking at a good number of your previous posts, and have concluded you frequently have given VERY GOOD advice on financial markets and investing (with exception of your stinking mining stocks)

However, now, yes NOW maybe MAYBE getting close to a good time to buy those general commodity mining stocks. Even a broken clock tells the correct time twice a day.

You have to remember that the commodities crash has really screwed the general commodity miners. They will go bankrupt if mined commodities continue to stay this low…additionally, mining requires continual and substantial re-investment but the credit markets are frozen, esp. for the miners.

Yet, the gold (and silver) miners are making plenty of money because precious metals never fell nearly as much in price as did other mined commodities.

[4plexowner]

“15 months into the bear market”

and your point is what?

we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market

let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so

to think that a 25 year bull market can be corrected in 15 months is fairly amusing

but that’s why the average investor typically losses their ass in the equity markets – they don’t understand what they are doing and aren’t willing to take the effort to learn – instead they follow the advice of some trusted adviser who has a vested interest in separating them from their money

[4plexowner]

“15 months into the bear market”

and your point is what?

we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market

let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so

to think that a 25 year bull market can be corrected in 15 months is fairly amusing

but that’s why the average investor typically losses their ass in the equity markets – they don’t understand what they are doing and aren’t willing to take the effort to learn – instead they follow the advice of some trusted adviser who has a vested interest in separating them from their money

[4plexowner]

“15 months into the bear market”

and your point is what?

we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market

let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so

to think that a 25 year bull market can be corrected in 15 months is fairly amusing

but that’s why the average investor typically losses their ass in the equity markets – they don’t understand what they are doing and aren’t willing to take the effort to learn – instead they follow the advice of some trusted adviser who has a vested interest in separating them from their money

[4plexowner]

“15 months into the bear market”

and your point is what?

we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market

let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so

to think that a 25 year bull market can be corrected in 15 months is fairly amusing

but that’s why the average investor typically losses their ass in the equity markets – they don’t understand what they are doing and aren’t willing to take the effort to learn – instead they follow the advice of some trusted adviser who has a vested interest in separating them from their money

[4plexowner]

“15 months into the bear market”

and your point is what?

we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market

let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so

to think that a 25 year bull market can be corrected in 15 months is fairly amusing

but that’s why the average investor typically losses their ass in the equity markets – they don’t understand what they are doing and aren’t willing to take the effort to learn – instead they follow the advice of some trusted adviser who has a vested interest in separating them from their money

[4plexowner]

had to go back and see whose comment I was responding to – no big surprise that it would be esmith

[4plexowner]

had to go back and see whose comment I was responding to – no big surprise that it would be esmith

[4plexowner]

had to go back and see whose comment I was responding to – no big surprise that it would be esmith

[4plexowner]

had to go back and see whose comment I was responding to – no big surprise that it would be esmith

[4plexowner]

had to go back and see whose comment I was responding to – no big surprise that it would be esmith

[4plexowner]

Worst January on Record for Stocks

“Historically, stocks’ January performance has been thought of as an informal indicator for the market’s direction the rest of the year. When the S&P declines in January, the index loses an average of 2.4% in the next 11 months, according to data going back to 1950 from Ned Davis Research.”

http://online.wsj.com/article/SB123331631097133089.html

[4plexowner]

Worst January on Record for Stocks

“Historically, stocks’ January performance has been thought of as an informal indicator for the market’s direction the rest of the year. When the S&P declines in January, the index loses an average of 2.4% in the next 11 months, according to data going back to 1950 from Ned Davis Research.”

http://online.wsj.com/article/SB123331631097133089.html

[4plexowner]

Worst January on Record for Stocks

“Historically, stocks’ January performance has been thought of as an informal indicator for the market’s direction the rest of the year. When the S&P declines in January, the index loses an average of 2.4% in the next 11 months, according to data going back to 1950 from Ned Davis Research.”

http://online.wsj.com/article/SB123331631097133089.html

[4plexowner]

Worst January on Record for Stocks

“Historically, stocks’ January performance has been thought of as an informal indicator for the market’s direction the rest of the year. When the S&P declines in January, the index loses an average of 2.4% in the next 11 months, according to data going back to 1950 from Ned Davis Research.”

http://online.wsj.com/article/SB123331631097133089.html

[Author]

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