Rally On: Stocks Still 'Incredibly Cheap,' Says Unrepentant Bull Altucher

Is this guy SERIOUS???? Been to the mall lately? Been to an auto dealership lately? I guess people will be lining up at Christmas to spend... wait a minute, they have no credit left, they can't SPEND!!!!!

I'm sure this guy has waterfront property in Florida to sell you, too. He has ZERO credibility. We are far from bottom...total suckers rally going on the past week. It can't be sustained, no matter how "cheap" everything seems. Historical fundamental analysis in a sinking global economy just doesn't work any longer. Staying in cash for now and sleeping well because of it.

selling a little today... will continue to watch the mkts- think we'll see some upside over next couple of months, but agree - long term - nothing real positive to look forward to... depends how much time you have. if you're retiring in 20yrs... might as well keep buying through this period...

He's really saying that stocks are cheap because they are 35-40% off their all time high in Oct 07. We could also say that they are expensive because they are 20% above their recent low. Neither statement is supported by good fundamental or technical analysis. Based on historical parallels, the markets need another low but don't bet the farm either way.

Get back in now in a conservative way if you have the ability to do so which will help the economy and the financial system in general. Otherwise quit doom mongering and sit on the sidelines quietly.

I am going to do whatever the man with the wild hair says.

Agree Stock are cheap ....Any good news the boast confidence will be good for the market........If it is the outcome,no doubts stock will raise and go up very quick......

Agree Stock are cheap ....Any good news the boast confidence will be good for the market........If it is the outcome,no doubts stock will raise and go up very quick......

How many thousnds of miles does this guy drive per week? He's planning on paying off his mortgage by saving 4 to 5 cents per mile on gas. Do the arithmetic and find that's 2+ million miles for each 100K of loan balance. The guy may be bullish and the market may go up, but there is a definite lack of rationality in his case.

Why is Howard Stern telling me to be bullish?

This guy doesn't get it at all. Who is going to bail out the retailer? Circuit City announced major store closings today-just a prelude to chapter 11 real soon. Nobody is shipping them, so chances are they will go down before end of year.

There is no real confidence right now only hope. Till there is real confidence things are going to volitile

No blood in the streets yet. I'm not buying till I see the blood. Until then, I will sleep well.

Stocks were cheap in Japan when the nik was at 20000 too.

Hey Mr. Peabody. Set the "Way Back" machine way back to 1995. When the Dow reaches 1995 levels, then maybe, just maybe, I'll start buying.

I don't want to buy stocks now to help the economy and the financial system. I want to buy when the economy and the financial system are in ruins. That's when stocks are really cheap.

he looks like some kind of avant garde indie filmmaker.

This is a good bottom, time for some buying with some stops, make it while you can.

I'm sorry for any of the folks that aren't right now buys stocks in good companies and just holding their cards for the next 6-12 months. When my retirement comes in the next 5 years I'll being singing all the way to the bank. Because I'm buying and buying and buying. Do any of you folks plan on not seeking medical care or plan on not eating or any other basic necessity. Look at your history. That's one thing about America and Americans they are very short sited. I want a change and I want it today. In 5 years people will look back and see this as the greatness opporuntiy to creat wealth. Name some other country that you want to put your money into. I been around the world and even Eurpoe and you have to be on CRACK to put your money some were else. And for all you nay sayers about the down fall of the US here's idea just move some were else!

I'm sorry for any of the folks that aren't right now buys stocks in good companies and just holding their cards for the next 6-12 months. When my retirement comes in the next 5 years I'll being singing all the way to the bank. Because I'm buying and buying and buying. Do any of you folks plan on not seeking medical care or plan on not eating or any other basic necessity. Look at your history. That's one thing about America and Americans they are very short sited. I want a change and I want it today. In 5 years people will look back and see this as the greatness opporuntiy to creat wealth. Name some other country that you want to put your money into. I been around the world and even Eurpoe and you have to be on CRACK to put your money some were else. And for all you nay sayers about the down fall of the US here's idea just move some were else!