tag:blogger.com,1999:blog-6062751687592413583.post8132507005512581238..comments2024-03-26T21:56:51.634-07:00Comments on World of Finance.: What A Day!World of Financehttp://www.blogger.com/profile/14109552944903875871noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6062751687592413583.post-13846741492180219782012-05-07T04:01:15.429-07:002012-05-07T04:01:15.429-07:00Later to take the panic!Later to take the panic!Határponthttps://www.blogger.com/profile/06683752391939610804noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-23939152148420005492012-05-05T15:15:13.123-07:002012-05-05T15:15:13.123-07:00I like and agree with your cash call... Yes, short...I like and agree with your cash call... Yes, shorting the market is pre-mature right now. Having said that, if Bernanke comes out with another asset purchase program, I am not going to bite. I think risk is too high up here no-matter what those morons do to help the bulls. I just think we are too far into this cyclical bull market business cycle. I am not nimble and don't want to get trapped. I've learned to manage risk the hard way, Bernanke/the market can keep his additional 100 S&P points if the market trades to 1550 on another stick save. BTW, I just started reading your blog and enjoy your thoughts.... Keep up the good work...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-78576121811600578072012-05-05T05:15:41.368-07:002012-05-05T05:15:41.368-07:00What I have implied is for short term and I have b...What I have implied is for short term and I have been writing about these time frames very often. You are partially correct. Yes, Ben will save the market till election. We will see after that. Do you want to short the market when it is going up? You make make money on the downside in 2013/2014.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-17924144905745130872012-05-05T05:09:26.187-07:002012-05-05T05:09:26.187-07:00It was implied in the second and third to last par...It was implied in the second and third to last paragraphs. The market is full of people who believe Bernanke will save the day if markets get in trouble. And why not, he did it in 2010 with QE2, and 2011 with his dollar swaps to Europe. The savior mentality among investors is getting ridiculous and we all know what happens when the "boat is crowded to one side"... Maybe he pulls a rabbit out of his hat and saves it for a 3rd time. I don't know. Here is the core to my thesis. With respect to time, we are 3 years into a cyclical bull market inside of a 15-20 year secular bear market.. The FED has been at it's games for 3-4 years. These counter trend moves usually last 3-5 years, (you might have a more exact number of years than me) so going forward I suspect most of the money will be made to the down side.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-17558608094871562702012-05-05T04:18:29.038-07:002012-05-05T04:18:29.038-07:00When did I said that I have any faith in Bernanke?...When did I said that I have any faith in Bernanke? I know it will all end badly but I have my own take on time. Till that time, those who are dreaming of the repeat of 2008/9 , will have to dream a bit longer.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-50233583366953774862012-05-04T18:54:47.962-07:002012-05-04T18:54:47.962-07:00You have too much faith in Bernanke. Can governmen...You have too much faith in Bernanke. Can governments/CB's influence/manipulate markets in the short run? Yes... Can they contol markets in the long run? No.. Bernanke has been at it for 3-4 years now. Am I suggesting this is the start of a bear market? No, because I don't know. This could be the start of a correction in an uptrending market. However, after 3 years of going up if the market wants to go down, it will, and nobody, not even the idiot at the FED will stop it.Anonymousnoreply@blogger.com