Comments on: A Decade of Pain http://dailyreckoning.com/a-decade-of-pain/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Wed, 17 Mar 2010 03:59:24 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: sierra http://dailyreckoning.com/a-decade-of-pain/#comment-16600 sierra Tue, 28 Jul 2009 23:08:28 +0000 http://dailyreckoning.com/?p=17429#comment-16600 daddysteve is right....since the change to "mark-to-model" from "mark-to-market" the "market" has climbed against all reason...and probably will continue to do so. It's a "traders" delight; not a good time for your 401k that is now probably a -401Z! I go along mostly with Bill B. I've been a pessimist on this market since the early 1990's and with my own savings investments haven't lost a dime. It's not a huge amount but, invested in very conservative CD's I've actually gained in real dollars by living conservatively....I know inflation has eroded the nest egg, but you learn to "live within your means." I see a definite decline by October of 09....that's historical.... These housing numbers don't mean spit.....As long as millions keep loosing their jobs housing will just shrink in newly built sold units but will look better than 2007...so what does that prove? We are in for a long, long "bottom" whether we have reached it now or in 5 years. daddysteve is right….since the change to “mark-to-model” from “mark-to-market” the “market” has climbed against all reason…and probably will continue to do so.
It’s a “traders” delight; not a good time for your 401k that is now probably a -401Z!
I go along mostly with Bill B. I’ve been a pessimist on this market since the early 1990’s and with my own savings investments haven’t lost a dime. It’s not a huge amount but, invested in very conservative CD’s I’ve actually gained in real dollars by living conservatively….I know inflation has eroded the nest egg, but you learn to “live within your means.”
I see a definite decline by October of 09….that’s historical….
These housing numbers don’t mean spit…..As long as millions keep loosing their jobs housing will just shrink in newly built sold units but will look better than 2007…so what does that prove?
We are in for a long, long “bottom” whether we have reached it now or in 5 years.

]]> By: daddysteve http://dailyreckoning.com/a-decade-of-pain/#comment-16586 daddysteve Tue, 28 Jul 2009 21:22:59 +0000 http://dailyreckoning.com/?p=17429#comment-16586 "mark to model" accounting.The market rallied right after that and has been going ever since. COINCIDENCE? “mark to model” accounting.The market rallied right after that and has been going ever since. COINCIDENCE?

]]> By: Lost & Found http://dailyreckoning.com/a-decade-of-pain/#comment-16544 Lost & Found Tue, 28 Jul 2009 16:00:27 +0000 http://dailyreckoning.com/?p=17429#comment-16544 Geez. That blog is clean. Cleaned to zero. Thanks. Geez. That blog is clean. Cleaned to zero. Thanks.

]]> By: Lost & Found http://dailyreckoning.com/a-decade-of-pain/#comment-16543 Lost & Found Tue, 28 Jul 2009 15:59:30 +0000 http://dailyreckoning.com/?p=17429#comment-16543 Thanks for blocking my posts. Thanks for blocking my posts.

]]> By: Lost & Found http://dailyreckoning.com/a-decade-of-pain/#comment-16538 Lost & Found Tue, 28 Jul 2009 15:55:16 +0000 http://dailyreckoning.com/?p=17429#comment-16538 Buying gold sucks. Buying gold sucks.

]]> By: JMR bayou bobby http://dailyreckoning.com/a-decade-of-pain/#comment-16517 JMR bayou bobby Tue, 28 Jul 2009 11:28:18 +0000 http://dailyreckoning.com/?p=17429#comment-16517 Dear Harry, I, for one, am happy for you. Go forth and place your dollars at risk in the casino we call the market. If you can get to the street, peek next door at the Golden Slacks operation where their servers are co-domiciled with the exchange servers. Buy, buy, buy, leverage your self to the freaking max in the sure knowledge of your capital gain. I will pray for you. Dear Harry, I, for one, am happy for you. Go forth and place your dollars at risk in the casino we call the market. If you can get to the street, peek next door at the Golden Slacks operation where their servers are co-domiciled with the exchange servers.

Buy, buy, buy, leverage your self to the freaking max in the sure knowledge of your capital gain.

I will pray for you.

]]> By: Harry http://dailyreckoning.com/a-decade-of-pain/#comment-16452 Harry Mon, 27 Jul 2009 23:00:06 +0000 http://dailyreckoning.com/?p=17429#comment-16452 Meanwhile, new home sales were up substantially. I'm sorry, I just can't buy your pessimistic outlook that appears to ignore all the positive reports lately showing that this recession did in fact end in May. The markets are reflecting that better news and starting to price stocks accordingly. Meanwhile, new home sales were up substantially. I’m sorry, I just can’t buy your pessimistic outlook that appears to ignore all the positive reports lately showing that this recession did in fact end in May. The markets are reflecting that better news and starting to price stocks accordingly.

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