[DWCAP]

Sunny, like hell you cant time the market. I looked at the market in 2006, cried BS, and didnt buy. Ill buy in the future, when my social reality dictates. That is timing the market like no other considering that where I am likly to buy it is down 30%+.

You may not be able to time the bottom perfectly, I admit only one person will do that, but you sure as hell can time the market. ( basically I may not have been perfect, but this is hand granades and horse shoes territory. Close to the bottom counts.)

Sorry to be a jerk, but I heard this one today at work and decided that a Chemist needed a talking to. It was being used to justify some really bad past behavior.

[DWCAP]

Sunny, like hell you cant time the market. I looked at the market in 2006, cried BS, and didnt buy. Ill buy in the future, when my social reality dictates. That is timing the market like no other considering that where I am likly to buy it is down 30%+.

You may not be able to time the bottom perfectly, I admit only one person will do that, but you sure as hell can time the market. ( basically I may not have been perfect, but this is hand granades and horse shoes territory. Close to the bottom counts.)

Sorry to be a jerk, but I heard this one today at work and decided that a Chemist needed a talking to. It was being used to justify some really bad past behavior.

[DWCAP]

I am still waiting for my Q4 2008 recovery. You remember, the one promised right about the time AIG was loosing sixty some odd billion and we bailed out the banks, insurance guys, and the auto makers.

I was assured it would all be ok by Christmas 08.

[DWCAP]

I am still waiting for my Q4 2008 recovery. You remember, the one promised right about the time AIG was loosing sixty some odd billion and we bailed out the banks, insurance guys, and the auto makers.

I was assured it would all be ok by Christmas 08.

[DWCAP]

I am still waiting for my Q4 2008 recovery. You remember, the one promised right about the time AIG was loosing sixty some odd billion and we bailed out the banks, insurance guys, and the auto makers.

I was assured it would all be ok by Christmas 08.

[DWCAP]

I am still waiting for my Q4 2008 recovery. You remember, the one promised right about the time AIG was loosing sixty some odd billion and we bailed out the banks, insurance guys, and the auto makers.

I was assured it would all be ok by Christmas 08.

[DWCAP]

I am still waiting for my Q4 2008 recovery. You remember, the one promised right about the time AIG was loosing sixty some odd billion and we bailed out the banks, insurance guys, and the auto makers.

I was assured it would all be ok by Christmas 08.

[DWCAP]

davelj,

I get the feeling that that alot of the “color” isnt really directed at you. Some maybe, due to personalities not meshing, but I think the majority of it is due to the fact you are really the only banker on here. As such, you get to “speak” for your industry, and get the anger directed at it too.

I have never heard Davelj say anything other than the big banks are both dead and dumb, and that his little world is ok because they are neither. Not all banks will fail. Hell, if 20% of them fail it would be a disaster no one is currently talking about.

And I think this is where I get really angry. Little banks would become big banks if the big banks were allowed to fail. It may take a few years, but some healthy reginal banks would buy another healthy reginal bank and we would have a healthy national bank again. Didnt BofA come about in exactly this way?

Responsible people would be rewarded and irresponsible would be punished. Amazing how capitalism works!

[DWCAP]

davelj,

I get the feeling that that alot of the “color” isnt really directed at you. Some maybe, due to personalities not meshing, but I think the majority of it is due to the fact you are really the only banker on here. As such, you get to “speak” for your industry, and get the anger directed at it too.

I have never heard Davelj say anything other than the big banks are both dead and dumb, and that his little world is ok because they are neither. Not all banks will fail. Hell, if 20% of them fail it would be a disaster no one is currently talking about.

And I think this is where I get really angry. Little banks would become big banks if the big banks were allowed to fail. It may take a few years, but some healthy reginal banks would buy another healthy reginal bank and we would have a healthy national bank again. Didnt BofA come about in exactly this way?

Responsible people would be rewarded and irresponsible would be punished. Amazing how capitalism works!

[DWCAP]

davelj,

I get the feeling that that alot of the “color” isnt really directed at you. Some maybe, due to personalities not meshing, but I think the majority of it is due to the fact you are really the only banker on here. As such, you get to “speak” for your industry, and get the anger directed at it too.

I have never heard Davelj say anything other than the big banks are both dead and dumb, and that his little world is ok because they are neither. Not all banks will fail. Hell, if 20% of them fail it would be a disaster no one is currently talking about.

And I think this is where I get really angry. Little banks would become big banks if the big banks were allowed to fail. It may take a few years, but some healthy reginal banks would buy another healthy reginal bank and we would have a healthy national bank again. Didnt BofA come about in exactly this way?

Responsible people would be rewarded and irresponsible would be punished. Amazing how capitalism works!

[DWCAP]

davelj,

I get the feeling that that alot of the “color” isnt really directed at you. Some maybe, due to personalities not meshing, but I think the majority of it is due to the fact you are really the only banker on here. As such, you get to “speak” for your industry, and get the anger directed at it too.

I have never heard Davelj say anything other than the big banks are both dead and dumb, and that his little world is ok because they are neither. Not all banks will fail. Hell, if 20% of them fail it would be a disaster no one is currently talking about.

And I think this is where I get really angry. Little banks would become big banks if the big banks were allowed to fail. It may take a few years, but some healthy reginal banks would buy another healthy reginal bank and we would have a healthy national bank again. Didnt BofA come about in exactly this way?

Responsible people would be rewarded and irresponsible would be punished. Amazing how capitalism works!

[DWCAP]

davelj,

I get the feeling that that alot of the “color” isnt really directed at you. Some maybe, due to personalities not meshing, but I think the majority of it is due to the fact you are really the only banker on here. As such, you get to “speak” for your industry, and get the anger directed at it too.

I have never heard Davelj say anything other than the big banks are both dead and dumb, and that his little world is ok because they are neither. Not all banks will fail. Hell, if 20% of them fail it would be a disaster no one is currently talking about.

And I think this is where I get really angry. Little banks would become big banks if the big banks were allowed to fail. It may take a few years, but some healthy reginal banks would buy another healthy reginal bank and we would have a healthy national bank again. Didnt BofA come about in exactly this way?

Responsible people would be rewarded and irresponsible would be punished. Amazing how capitalism works!

[DWCAP]

That middle pic keeps freaking me out. I dont know what it is, but that scares the Living S&^# out of me.

[DWCAP]

That middle pic keeps freaking me out. I dont know what it is, but that scares the Living S&^# out of me.

[DWCAP]

That middle pic keeps freaking me out. I dont know what it is, but that scares the Living S&^# out of me.

[Author]

Posts