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p0ltergeist
searching PlanetScale…
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1.
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by
p0ltergeist
18y ago
because this is not stocks leading the economy down (2000), this is the economy leading stocks down. this is a global debt crisis. simply restoring confidence will not change anything. those in debt will have to come out of debt. why aren't
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by
p0ltergeist
18y ago
well obviously there is no bad season for a true lead-to-gold scheme....but the market will be the judge of that. good luck
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by
p0ltergeist
18y ago
i do and i will
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by
p0ltergeist
18y ago
not that i need to satisfy you, but i have seven figures in high yield bonds that are tax free. why are my bonds high yield? because i bought them when you and your other ham-and-egger friends were trying to figure out when GOOG would hit $
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by
p0ltergeist
18y ago
No value in planting in an economic winter? Doesn't that conflict with 'buy low sell high' principle? no. the dow is going to 5000 (but will likely go to 12000 first) . that is a better time to consider "planting". furthermore oil is goin
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by
p0ltergeist
18y ago
smart move by ballmer. he either lets YHOO drop to $8 and then makes an offer for $13 (after making yang do massive layoffs), or he just lets yahoo shrink into irrelevance and then positions msn to (try) to take marketshare. either way ball
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by
p0ltergeist
18y ago
welcome to the L-shaped recession. welcome to the secular bear market. a secular bear market periodically shows amazing % gains in stocks, but always ending down. look at the dow in the 30s, the nikkei in the 90s (and now)...even cyclical g
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by
p0ltergeist
18y ago
it was never going to go through anyway, smart of them to cut their losses
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by
p0ltergeist
18y ago
the etf management fee is much less than you would pay on trading charges to individually transact even a small number of positions aggregated in any etf the only other route is vanguard which tends to have low fees for index funds
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by
p0ltergeist
18y ago
uh, yeah, we call it the ETF industry. there are ETFs for every risk tolerance of every global stock market, commodity, bond, etc etc etc. there are even ETFs of ETFs