Shall we do it again tomorrow?But seriously, with the rest of this year looking weak, and next year looking weaker, how low do we go?Several of my short-ETFs were up in the 10% range today... is there anywhere else to make money, is there any reason to be long anything?
I'm with you Musk! If the panic continues, back up the truck with AAPL. PBR might be good much lower. Here in California only a few egg heads have touted PBR. Whe Gabrielli says no dividend increase in the visible future, I see more downside ahead.
Yes I hope so! I got some bargains today. If the sale is still on tomorrow I'll be buying. I love bargain shopping. That's the Kmart shopper in me coming out lol.It's funny....People actually paid the government to take their money for 30 days today. Brilliant! Negative yields, why didn't I think of that?http://www.miamiherald.com/2011/08/04/2345593/after-economic-upheaval-all-eyes.html I'm adding this to my headline clip collection.
You will not know if they are bargains until later.
Only reason to be long is stimulus which may bump markets a little. Long term trends are down for all except dollar and t bills and bonds.
What stimulus? Buying more mortgage bonds aint gonna do it. We need fiscal stimulus and job creation.