A 'Stock Picker's Market?' Keep Dreaming

HEY.......as of early 11/13/08 the DJIA has fallen as much as 1600 points+ to below 8,000 since the Black Tuesday close of 9,625, when a get-out-the-vote rally set an election day record (as people overwhelmed the Poles to cast their votes) closing "in the black" 305+ points.........BUT SINCE "BLACK TUESDAY", THE BOTTOM HAS TOTALLY DROPPED OUT OF THE MARKET...........Watssuuuup wit dat dawg?

Wow! An excellent theory! This is not the stuff that investment companies want us to hear. They want us to buy stocks and their mutual funds and fund their retirements as our languish.

The more you pick the more confuse you are.....Yes aggressive style of some manager work wonder but this time it will not work......To be Honest not one is best in this market........not in this time my friend.......Most Fund manager are down 20% percent to 60% the worse.,........The best is about 20% down. as of now..............

Wall Street has always been a legal Las Vegas... Stock Picking is like Picking Red or Black on the Roullte Wheel..... Little do you all know the Fed and Treasury have a magnet on the wheel and the ball is a painted white Ball Bearing. THIS MARKET SCARES THE SHIP OUT OF THE EXPERTS AND WE ALL KNOW IT.

Please correct me if I am wrong. But I feel a rally about to happen despite the terrible news out there. Forget the bad news. Just buy buy..and buy some more everyone. Hooraayyyyyy :-) :-) :-)

All is good people. The bad news in the market means nothing. Just buy stocks.

Earnings people.....earnings! now work that P/E ratio :-( :-( :-(

Earnings people........earnings!..........now work that P/E ratio :-( :-( :-(

It's b******t. Another technical trading. It was opportunity on 10/10 and 10/28, and where are we now? Just wait when pool off suckers will dry and then we will see how attractive are pushups.

There is NO WAY IN HELL this downturn will last merely through 2009. We are looking at a bad next 3 years at least - - and the "recovery" will be less than robust, I see systemic problems that are coming home to roost for years to come. Do you really think the glut of houses on the market work their way out of the system in 6 to 9 months? Do you think the economy is going to provide enough jobs for people to buy a GLUT of available homes? That's a ridiculous presumption, and until housing starts going up on a steady basis you can forget about any sustained recovery. For those of you who think stocks aways go up, take a look at the Dow from 1929 to 1954 or from 1965 to 1982. For now our problem is massive deflation, people trying to get rid of debt they cannot get rid of, with jobs they do not have, a problem that's hard "to do" anything about. Our government - - and not that I blame them for trying - - is taking the same approach the Japanese government took with their own banking crisis, and that approach succeeded in dulling the pain but also succeeded in extending that pain out over 20 years. We have our "tit" in a ringer and it's going to stay there for a while.

Remember to sell into the rallies. This 300pt. drop turns into a 250pt gain. It's Paulson buying stocks with your 700 billon dollars of tax payer money. By the way 1/2 of it has been spent. Just read all the bad news and the market goes up?

There is NO WAY IN HELL this downturn will last merely through 2009. We are looking at a bad next 3 years at least - - and the "recovery" will be less than robust, I see systemic problems that are coming home to roost for years to come. Do you really think the glut of houses on the market work their way out of the system in 6 to 9 months? Do you think the economy is going to provide enough jobs for people to buy a GLUT of available homes? That's a ridiculous presumption, and until housing starts going up on a steady basis you can forget about any sustained recovery. For those of you who think stocks aways go up, take a look at the Dow from 1929 to 1954 or from 1965 to 1982. For now our problem is massive deflation, people trying to get rid of debt they cannot get rid of, with jobs they do not have, a problem that's hard "to do" anything about. Our government - - and not that I blame them for trying - - is taking the same approach the Japanese government took with their own banking crisis, and that approach succeeded in dulling the pain but also succeeded in extending that pain out over 20 years. We have our "tit" in a ringer and it's going to stay there for a while.

Thank god for noise traders! There never has been, or never will be a mathmatical model that will predict future results in the stock market - ever single piece of software out there looks backwards and extrauplates forwared. There is ONLY ONE WAY to win on the stock market - buy and hold. If you are not making money on the market at this moment, extend your time horizon and you will. Day trading is nothing more than a brokers paradise... I love Jim Cramer, but he is a trader, NOT an investor.... to make money as a TRADER it takes MONEY - LOTS OF IT. Give anyone of these money managers enough money and time and they will make you rich, pull back on one or the other and you'll fail everytime.

The longer this down market lasts, the more wealth us value investors will have after the next 10 years. Value Investors of the world - this is OUR TIME... if you can wait 10 - 15 years.

I disagree with the guest. Warren Buffet is a prime example of somebody who has consistently outperformed the market by picking his own stocks. Now he is one of the world's richest people. While it is very difficult to identify a talented hedge fund manager, you can take matters into your own hands and outperform the market by educating yourself and making intelligent long term decisions.

If a share of stock is sold ,there is a share of stock purchased!

what is it with all the commentators with broken english? barely comprehensible commentary? Anyway.... French's explanation didn't make any sense to me. Anyone make sense of it?

Attention Media Idiots. If you listen to these 'TARDS you will always be in the hole. BUY STOCKS NOW and Ditch the Losers. The Cost Averaging effect is awesome. 25 years of studying investment - what HORS$*IT!!!!!!

Be smart invest your money in CD's and treasury bonds.... Stocks are too risky...Just a few failing companies will tank the entire market like it has already has and now you have to worry about GM and Ford. i was long for 10 years to see my earnings evaporate in a matter of 2 months..not anymore...investor confidence is lost..possibly forever...you will buy stocks now...and a few years down the road there will be another Enron...another AiG...another WM...another Bear Sterns that will cascade every blue chip back to the stone age

Every time I see the market drop like it did today, I buy something. Maybe not a lot, but something. Yesterday it was GM - not a lot, just enough that I won't feel stupid if they devalue as well as enough that in 5-15 years it might be worth something. I'm buying for the long haul. I've got 20 years before I'm looking at early retirement. I'm buying every chance I get. It's pathetic that I get excited now when the Dow drops 300. Maybe those small stocks have outperformed the big companies, but I work for a living and don't have time to actively manage my portfolio they way a fund manager does. I'm buying into big companies that I know have a good shot at being around later and I'm spreading it around them all: Proctor & Gamble, Johnson & Johnson, Coca-Cola, Motorola, and various utilities. If you buy stocks like these now, and can afford to hold them if the market goes even lower (which I'm betting against) until it comes back up, then you're getting them at a discount - plain and simple. My philosophy in this market is "don't invest any money I'll need in the next 5 years, and when the market drops, buy more." It may not be the best strategy, but I'm pretty sure I'm going to come out well ahead!