http://news.yahoo.com/s/afp/20081017/bs_afp/financebankingusbuffett
Buffet says 'Buy American'!
arty:
Buffet says 'Buy American'!
arty:
if the ship sinks he goes down with it
he can't dump his berkshire stock on the masses its too massive
just a elitest painted as an everyman trying to rally the troops and restore confidence for the masses to not only buy equities but keep on a spending beyond their means
he'll likely prove right near term think 10k or so a coming
but we going lower than the previous low
he can't dump his berkshire stock on the masses its too massive
just a elitest painted as an everyman trying to rally the troops and restore confidence for the masses to not only buy equities but keep on a spending beyond their means
he'll likely prove right near term think 10k or so a coming
but we going lower than the previous low
history is just that history
anyway keep being the permabull willie
i'll probably be a bull and on your side in a year or two when the economy is down in the dumps and everybody super gloomy
as for a bull markets are now flat since 1998 that date will likely get pushed back further in the next year or two
america peaked out in 2000.....debt funded on the savings of the rest of the world bought our standing of living a little more time....now its time to pay
we in for a long secular bear
where buy and hold permabull shit won't work like it did up till 2000
anyway keep being the permabull willie
i'll probably be a bull and on your side in a year or two when the economy is down in the dumps and everybody super gloomy
as for a bull markets are now flat since 1998 that date will likely get pushed back further in the next year or two
america peaked out in 2000.....debt funded on the savings of the rest of the world bought our standing of living a little more time....now its time to pay
we in for a long secular bear
where buy and hold permabull shit won't work like it did up till 2000
In 10 years, I'll be 55. Perfect time to retire with massive investment gains.
:howdy:
Tons of these companies are at levels we may never see again. Banks are consolidating into giant powerhouses. Same with other companies. I like biggies like IBM, WalMart, GE, etc to rebound nicely towards the end of this recession.
ope:
Doooood. I'm a long-term bull. You've known that for months.
Yeah we gotz a tough recession going down now. We gotz some tough stuff to overcome. BUT you gotz to look at the charts, the long-term cycles.
Getting solid stuff (good cash flow, low debt ratio, strong P/E), now at fucking dirt cheap prices is just wise. I agree with the Oracle.
60% shave on average is pretty maxed out looking at other recessions.
Cash ain't gonna get you shit for a return. If you have lots of it, then now could be a good time for the rummage sale.
No depression....I ain't buying into that.
Yeah we gotz a tough recession going down now. We gotz some tough stuff to overcome. BUT you gotz to look at the charts, the long-term cycles.
Getting solid stuff (good cash flow, low debt ratio, strong P/E), now at fucking dirt cheap prices is just wise. I agree with the Oracle.
60% shave on average is pretty maxed out looking at other recessions.
Cash ain't gonna get you shit for a return. If you have lots of it, then now could be a good time for the rummage sale.
No depression....I ain't buying into that.
berkshire been sitting on gobs of cash for a while now
watch what they do not what they say
although he threw some at GE and GS recently
that GE one stumps me a bit GS i understand since he was betting on all the government savings....i mean he's getting 10% divy's and terms the average joe can't get so even tizgloom would have to think about that one....especially as far as GS is concerned
think GE was taking one for the team so to speak....maybe it'll work out okay long term we'll see
still think GE is a hedge fund (and many hedge funds are imploding currently) that has a front of being a lightbulb manufacturer
:nohead:
cash is king for a while (assuming they save the fiat system LOL)....be patient......pretty much every corporation loaded up to the gills in debt
its time for debtors to pay and savers to be rewarded
about fucking time and a long time coming
watch what they do not what they say
although he threw some at GE and GS recently
that GE one stumps me a bit GS i understand since he was betting on all the government savings....i mean he's getting 10% divy's and terms the average joe can't get so even tizgloom would have to think about that one....especially as far as GS is concerned
think GE was taking one for the team so to speak....maybe it'll work out okay long term we'll see
still think GE is a hedge fund (and many hedge funds are imploding currently) that has a front of being a lightbulb manufacturer
:nohead:
cash is king for a while (assuming they save the fiat system LOL)....be patient......pretty much every corporation loaded up to the gills in debt
its time for debtors to pay and savers to be rewarded
about fucking time and a long time coming
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Tizzy, while I share your basic sentiments and outlook for the immediate term, looking at a tough flat go here until early 2010, I'm looking forward.
Cash is king now, lotsa people are protecting what they have, me included. But, looking at the historical data on our recessions, it seems like a good gamble to me to take a small portion and tread lightly back into equities, perhaps in the next couple months.
I got back into WMT the other day when it dropped down to 50.
Spread it out amongst strong players. Liking Wells Fargo, and agree with some talking heads about small cap value stocks.
Here's an example, and it's a local company....BEZ
There is no reason this stock doesn't trade higher in the near future. Everyone needs small electric motors. Great management and good tech's on this company.
Kick back and watch for a while, don't blame ya, but I'm wanting to retire by 55.
Cash is king now, lotsa people are protecting what they have, me included. But, looking at the historical data on our recessions, it seems like a good gamble to me to take a small portion and tread lightly back into equities, perhaps in the next couple months.
I got back into WMT the other day when it dropped down to 50.
Spread it out amongst strong players. Liking Wells Fargo, and agree with some talking heads about small cap value stocks.
Here's an example, and it's a local company....BEZ
There is no reason this stock doesn't trade higher in the near future. Everyone needs small electric motors. Great management and good tech's on this company.
Kick back and watch for a while, don't blame ya, but I'm wanting to retire by 55.
you say the above including cash is king now....
yet you post warren basically saying buy, buy, buy cash is trash
make up your mind dude
near term things should hold up IMO
q3 earnings aren't gonna be that bad...gdp might even manage to stay positive
shit didn't hit the fan in a big way till end of the quarter
but q4 and 2009 is gonna blow balls with this dollar strength and we likely heading to 6k or lower
dubya actually said something today i agree with for once
"credit thaw is gonna take a while"
yet you post warren basically saying buy, buy, buy cash is trash
make up your mind dude
near term things should hold up IMO
q3 earnings aren't gonna be that bad...gdp might even manage to stay positive
shit didn't hit the fan in a big way till end of the quarter
but q4 and 2009 is gonna blow balls with this dollar strength and we likely heading to 6k or lower
dubya actually said something today i agree with for once
"credit thaw is gonna take a while"
No, you said cash was king, and I agreed to a point. If I've got all cash, I'm willing to step back in with 10-20% of it, not at once but systematically, on the values I see.
Ain't gonna be a depression....nasty recession, yes.....we are already and have been in it for months.
Timing my boy, timing is all we're talkin about.
Ain't gonna be a depression....nasty recession, yes.....we are already and have been in it for months.
Timing my boy, timing is all we're talkin about.
berkshire been sitting on gobs of cash for a while now
watch what they do not what they say
although he threw some at GE and GS recently
that GE one stumps me a bit GS i understand since he was betting on all the government savings....i mean he's getting 10% divy's and terms the average joe can't get so even tizgloom would have to think about that one....especially as far as GS is concerned
think GE was taking one for the team so to speak....maybe it'll work out okay long term we'll see
still think GE is a hedge fund (and many hedge funds are imploding currently) that has a front of being a lightbulb manufacturer
:nohead:
cash is king for a while (assuming they save the fiat system LOL)....be patient......pretty much every corporation loaded up to the gills in debt
its time for debtors to pay and savers to be rewarded
about fucking time and a long time coming
Bolded items emphasized by me.
Plenty of decent divy stocks out there for us non-oracles boyz.
sure it's easy for Buffet to say jump back in the water...the advice always has to be tempered by the average Joe.
I'm seeing some decent value and growth opportunities. Plan on letting the system digest the next month or so before I make any bold moves.
sure it's easy for Buffet to say jump back in the water...the advice always has to be tempered by the average Joe.
I'm seeing some decent value and growth opportunities. Plan on letting the system digest the next month or so before I make any bold moves.
i'm guessing in a month or so we will be around 10k and will be time to hyper short and sell, sell, sell again
tiz a near term bull and currently a holder of a high divy stock RAI
bears aren't buy and hold markets cuzzer
they are a traders dream though
tiz a near term bull and currently a holder of a high divy stock RAI
bears aren't buy and hold markets cuzzer
they are a traders dream though
