[EconProf]

Syndey RE prices are currently falling fast, for at least three reasons that will continue to operate for some time: falling commodity prices (of which Aust. is a big supplier), falling tourism, and a strengthening dollar. Time is on your side…just wait a while.

[EconProf]

Syndey RE prices are currently falling fast, for at least three reasons that will continue to operate for some time: falling commodity prices (of which Aust. is a big supplier), falling tourism, and a strengthening dollar. Time is on your side…just wait a while.

[EconProf]

Syndey RE prices are currently falling fast, for at least three reasons that will continue to operate for some time: falling commodity prices (of which Aust. is a big supplier), falling tourism, and a strengthening dollar. Time is on your side…just wait a while.

[EconProf]

Syndey RE prices are currently falling fast, for at least three reasons that will continue to operate for some time: falling commodity prices (of which Aust. is a big supplier), falling tourism, and a strengthening dollar. Time is on your side…just wait a while.

[EconProf]

It is my guess that today will mark at least a short term low for the stock market. Monday should be up. Consider: the NASDAQ was actually up, as were financials thanks to the above new policies. There was no end-of-session collapse, so traders were willing to hold their positions into the weekend. The Fed and Treasury have shown they will do whatever it takes to reliquify, even if it means inflation longer term. At some point, the bottom-fishers are going to scoop up some bargains after these rampant price drops. Early Monday will be the time to place limit orders.

P.S. How’s my track record for market timing? Lousy.

[EconProf]

It is my guess that today will mark at least a short term low for the stock market. Monday should be up. Consider: the NASDAQ was actually up, as were financials thanks to the above new policies. There was no end-of-session collapse, so traders were willing to hold their positions into the weekend. The Fed and Treasury have shown they will do whatever it takes to reliquify, even if it means inflation longer term. At some point, the bottom-fishers are going to scoop up some bargains after these rampant price drops. Early Monday will be the time to place limit orders.

P.S. How’s my track record for market timing? Lousy.

[EconProf]

It is my guess that today will mark at least a short term low for the stock market. Monday should be up. Consider: the NASDAQ was actually up, as were financials thanks to the above new policies. There was no end-of-session collapse, so traders were willing to hold their positions into the weekend. The Fed and Treasury have shown they will do whatever it takes to reliquify, even if it means inflation longer term. At some point, the bottom-fishers are going to scoop up some bargains after these rampant price drops. Early Monday will be the time to place limit orders.

P.S. How’s my track record for market timing? Lousy.

[EconProf]

It is my guess that today will mark at least a short term low for the stock market. Monday should be up. Consider: the NASDAQ was actually up, as were financials thanks to the above new policies. There was no end-of-session collapse, so traders were willing to hold their positions into the weekend. The Fed and Treasury have shown they will do whatever it takes to reliquify, even if it means inflation longer term. At some point, the bottom-fishers are going to scoop up some bargains after these rampant price drops. Early Monday will be the time to place limit orders.

P.S. How’s my track record for market timing? Lousy.

[EconProf]

It is my guess that today will mark at least a short term low for the stock market. Monday should be up. Consider: the NASDAQ was actually up, as were financials thanks to the above new policies. There was no end-of-session collapse, so traders were willing to hold their positions into the weekend. The Fed and Treasury have shown they will do whatever it takes to reliquify, even if it means inflation longer term. At some point, the bottom-fishers are going to scoop up some bargains after these rampant price drops. Early Monday will be the time to place limit orders.

P.S. How’s my track record for market timing? Lousy.

[EconProf]

Mark Twain had the best advice about making money in stocks. Paraphrased, he said: Buy a stock when it is low. Wait until it goes up, and then sell it. If it doesn’t go up, don’t buy it.

[EconProf]

Mark Twain had the best advice about making money in stocks. Paraphrased, he said: Buy a stock when it is low. Wait until it goes up, and then sell it. If it doesn’t go up, don’t buy it.

[EconProf]

Mark Twain had the best advice about making money in stocks. Paraphrased, he said: Buy a stock when it is low. Wait until it goes up, and then sell it. If it doesn’t go up, don’t buy it.

[EconProf]

Mark Twain had the best advice about making money in stocks. Paraphrased, he said: Buy a stock when it is low. Wait until it goes up, and then sell it. If it doesn’t go up, don’t buy it.

[EconProf]

Mark Twain had the best advice about making money in stocks. Paraphrased, he said: Buy a stock when it is low. Wait until it goes up, and then sell it. If it doesn’t go up, don’t buy it.

[EconProf]

Greekfire: your are sooo right.
And it wasn’t even very long ago. What is remarkable is how this crisis resembles the Long Term Capital Management moment of, I believe 1998. Then LTCM used extremely high leverage, a complicated and flawed economic model with innovative new tools, and even a Nobel-prize winning economist in their highest management. The whole structure was based on an assumption that success was nearly inevitable–only a 1 in 1000 probability of failure. Well, a black swan flew by, and they blew up.
I think their top guy was named Merriweather, and he recently was in control of a hedge fund that just collapsed. Basing this all on my flawed memory of news events, so if anyone can fill in the blanks please do.

[Author]

Posts