• 17 Feb 2009 at 3:22 PM

Presented Without Comment: 6 Months Of The Dow

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Comments (46)

Older Comments
  1. 1
    Posted by guest | February 17, 2009 at 3:24 PM

    Don’t remind me. I lost about a decade’s worth of 401(k) contributions, after scrimping to do so.

  2. 2
    Posted by guest | February 17, 2009 at 3:25 PM

    Historic Buying Opportunity.

  3. 3
    Posted by guest | February 17, 2009 at 3:25 PM

    S&P handle will be six before the Ides of March…..

  4. 4
    Posted by guest | February 17, 2009 at 3:26 PM

    The Madness of Crowds

  5. 5
    Posted by guest | February 17, 2009 at 3:28 PM

    Dylan Ratigan told me everything was going to be fine so I am not worried.

  6. 6
    Posted by guest | February 17, 2009 at 3:30 PM

    @3, coulda used your prediction for Lupercal, friend.

  7. 7
    Posted by guest | February 17, 2009 at 3:30 PM

    got to love the november to february bubble of hope

  8. 8
    Posted by guest | February 17, 2009 at 3:30 PM

    @ 2 – right on.
    Was @ the Columbia Value investing conference Friday. Apparently homebuilders and commercial REITs are good buys

  9. 9
    Posted by guest | February 17, 2009 at 3:32 PM

    Death triangle, stay away.

  10. 10
    Posted by guest | February 17, 2009 at 3:33 PM

    have fun grabbing that falling knife, 2 & 9

  11. 11
    Posted by guest | February 17, 2009 at 3:35 PM

    Grizzly Market.

  12. 12
    Posted by guest | February 17, 2009 at 3:35 PM

    Buy, buy, buy! No wait, sell everything and put your money in T-bills! No, wait, cash! No, wait, gold! No, short everything!
    With investors running scared from everything, now’s a great time to start a fund promising 12% yearly returns with negligible volatility. If Madoff hadn’t been busted by now they’d be knocking down his door trying to get in.

  13. 13
    Posted by guest | February 17, 2009 at 3:38 PM

    Just like Gasbag’s career on CNBC…..in a death spiral

  14. 14
    Posted by guest | February 17, 2009 at 3:39 PM

    As long as we stay above 7392, there is absolutely nothing to worry about. nothing.

  15. 15
    Posted by guest | February 17, 2009 at 3:41 PM

    2 Here
    Should have been
    Historic Buying Opportunity
    /sarcasm

  16. 16
    Posted by guest | February 17, 2009 at 3:41 PM

    What I wouldn’t give to flatline right now…

  17. 17
    Posted by guest | February 17, 2009 at 3:41 PM

    thanks bush

  18. 18
    Posted by guest | February 17, 2009 at 3:41 PM

    Code Blue – Stat!

  19. 19
    Posted by guest | February 17, 2009 at 3:52 PM

    @2 @9 is incorrect. This is not an historic buying opportunity. The rules of the game have changed. It would be a historic buying opportunity if the ruling developed governments believed in raw, unadulterated capitalism. But they do not. The capping of salaries, nationalization of banks, keeping the market from finding true equilibrium- is causing (continue to cause) massive market disruptions. Dispite the media dubbing him a messiah, he cannot play God. Until we get back to free market enterprise, we will not resume our sustained movement upward.

  20. 20
    Posted by guest | February 17, 2009 at 3:52 PM

    New drinking game. Every time Bob Doll from BlackRock says “bottoming process” on CNBC, drink. You’ll be hammered by the time the market opens.
    The only real bottoming process is the folks who were long taking it in the keister.

  21. 21
    Posted by guest | February 17, 2009 at 3:52 PM

    So is this the bottom? I think we can say we put in a bottom.

  22. 22
    Posted by guest | February 17, 2009 at 3:55 PM

    21
    See 17
    Heart
    2

  23. 23
    Posted by guest | February 17, 2009 at 3:57 PM

    how long until this becomes the D word?

  24. 24
    Posted by guest | February 17, 2009 at 3:58 PM

    @24. My bad. You are right.

  25. 25
    Posted by guest | February 17, 2009 at 3:58 PM

    21 I’m all for free markets, but frankly they did nothing for us over the past 8 years but create an asset bubble. Maybe the problem is that our growth expectations are just too high.

  26. 26
    Posted by guest | February 17, 2009 at 3:59 PM

    @ 23 Do you want the bottom with syrup or jelly? I prefer jelly.

  27. 27
    Posted by guest | February 17, 2009 at 4:00 PM

    @22 Kudos

  28. 28
    Posted by guest | February 17, 2009 at 4:00 PM

    Buy! Buy! Buy!
    2 Words: “Quantitative Easing”

  29. 29
    Posted by guest | February 17, 2009 at 4:04 PM

    @27. Free markets worked! They go up, they go down. They did exactly what they were supposed to do. With an over-supply of homes, and very broad stuff that goes with home; brainstorm here: IPODs, flat screen tvs, SUVs, refrigerators, dish washers, washing machines, driers, furniture etc., eventually the market peaked where consumers couldn’t fund it anymore.
    What failed was the expectation that home prices and incomes could continue to support homes supply, forever and ever, amen.
    Nothing goes on forever.

  30. 30
    Posted by guest | February 17, 2009 at 4:04 PM

    I just sold all the stock in my IRA accounts and bought CD’s from Stanford Financial in Antigua on the recommendation from my neighbor who is from Colombia. I am getting paid 7% for what he said is a really safe investment.
    Look into it, just Google Stanford Financial.

  31. 31
    Posted by guest | February 17, 2009 at 4:05 PM

    27 our markets are not entirely free (and never has been). The mess we are in is what happens when you have regulation that is not enforced so that smart, capitalistic populace take advantage of said non-regulation. The pork barrel package does nothing to reverse the damage done. Only time and deleveraging (whether through bankruptcy/failure/sale of assets whatever) can do that.

  32. 32
    Posted by guest | February 17, 2009 at 4:10 PM

    @32 Ugh. Pathetic attempt at “humor”.

  33. 33
    Posted by guest | February 17, 2009 at 4:25 PM

    @27
    Greenspan was the antithesis of free market.

  34. 34
    Posted by guest | February 17, 2009 at 4:40 PM

    Buy now or be priced out forever. (We used that in the real estate game last year….worked pretty well.)

  35. 35
    Posted by guest | February 17, 2009 at 4:49 PM

    House Builders will do ok over the next 30 years. But they may not be the House Builders that are around today. What idiot needs a new house?

  36. 36
    Posted by guest | February 17, 2009 at 5:02 PM

    dow: loved it at 14k, hated it at 7.5k

  37. 37
    Posted by guest | February 17, 2009 at 5:08 PM

    you call this doom & gloom…wait til the media decides it doesn’t like Obama.

  38. 38
    Posted by guest | February 17, 2009 at 5:21 PM

    I’m going to keep quiet because my expert analysis has the power to move the markets. And like the kid in second grade who takes karate; I only want to use my power for good.
    SPODE

  39. 39
    Posted by guest | February 17, 2009 at 5:51 PM

    @9 here — I was being sarcastic.
    The chode @ Columbia’s CIMA that said commercial REITs are a good buy based on current valuations and ‘intrinsic value’ also said the way out of this mess is to re-inflate home prices. He was sitting next to Bill Miller if that says anything.

  40. 40
    Posted by guest | February 17, 2009 at 6:05 PM

    Any hot chicks at CIMA this year?
    -Unemployeed In Costa Rica!!

  41. 41
    Posted by guest | February 17, 2009 at 8:32 PM

    @25 – you’re dead on. Once we hit unemployment at or above 8.5%, it will be a quick trip to 10%… The media will start the D-train talk soon – they need a new riff for the 2 minute newscycle world we live in.

  42. 42
    Posted by guest | February 18, 2009 at 1:33 AM

    compare with the chart for “2008 US Presidential Election Winner Takes All Market”
    http://iemweb.biz.uiowa.edu/graphs/graph_Pres08_WTA.cfm

  43. 43
    Posted by guest | February 18, 2009 at 1:48 AM

    “A complaint has been filed in federal court charging Google with violating antitrust laws by “eliminating competition and choice.” The suit has been filed by a New York company called TradeComet.com.
    The company is alleging that Google identified SourceTool.com, which is a business to business search engine and subsidiary of TradeComet.com, as a competitor site and took “predatory” steps to drive the company out of business.”
    http://www.chartingstocks.net/

  44. 44
    Posted by american bandersnatch | February 18, 2009 at 7:12 AM

    @1 – Scrimping to make your 401(k) contribution over the last decade? I thought this site was only for masters of the universe.

  45. 45
    Posted by Donald A | April 21, 2009 at 6:37 AM

    Thanks for sharing this post. The Congressional Pig Book has provided the authoritative list of pork in the federal budget. The Pig Book, which has nothing to do with an epithet for law enforcement, is a yearly journal published by the Citizens Against Government Waste which details the “pork” spending done by the federal government every year. The CAGW makes the Pig Book available for free download and a hard copy of the yearly report available for a cash donation. The donation asked for isn’t huge, so you can get a copy of the Pig Book of government pork without worrying about short term loans.
    http://personalmoneystore.com/moneyblog/2009/04/14/pig-book-details-government-spending-pet-projects/

  46. 46
    Posted by cheap oem software | May 2, 2012 at 6:46 AM

    aQFo4b Appreciate you sharing, great blog.Much thanks again.

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