Tuesday, May 12, 2009
Great Bear Food
Bloomberg Video: Federated's Tice Sees S&P 500 at 400 Within Six Months
Federated's Tice Sees S&P 500 at 400 Within Six Months.
Posted by tyrellcorporation @ 01:44 PM (813 views) Add Comment
12 Comments
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1. crunchy said...
Genetically modified green shoots indeed.
To eat, or to spit out whilst no one else is watching.
2. Propertybanker. Co said...
This sounds like we are in for a long downward spiral.
3. drewster said...
Amateur traders can gamble on a falling S&P 500 by buying ticker symbol SDS (NYSE). It's an ETF which tracks twice the inverse of the S&P 500. Strictly for those who know what they are doing! Never gamble more than you can afford to lose, this doesn't constitute investment advice, etc etc.
Markets are being nice to me today....
4. refusetobuy said...
Didn't really say anything, and he's a VI.
He's the chief strategist for bear markets, and used to run the Prudent Bear Fund.
5. hpwatcher said...
Didn't really say anything, and he's a VI.
He's the chief strategist for bear markets, and used to run the Prudent Bear Fund.
I think he said quite a lot and made a number of interesting points. But believe what you will....
6. braindeed said...
munchy @1
Genetically modified green shoots indeed.
Funny analogy.....don't think I'll bother with the salad
7. crunchy said...
5. brainfester
Get a girl or boy friend and lay your sour salad cream on them.
8. crunchy said...
Tip... You will need to find some poor sod who will be willing to play scrabble with you all day long.
Happy hunting!
9. braindeed said...
.....I don't think you meant that, did you Edvard?
10. confused76 said...
and you really believe this blonde pundit!
he is made some money by shear luck last year an now is sh....ing in his pants because he's got large short positions to unwind
watch this space, this prankster we ll be bust in less time than you can say "Greenspan"
zombie, QE, the bear market rally (but technically we are in a bull market now), Japan, the credibility of US public debt, Japan, zombie,
HAHHH AHAHAH
there is only one word: inflation (which is always and anywhere a monetary phenomenon)
and if you know that, what do you wanna do? short the SP500? you gotta be crazy, equity valuations are based on nominal earnings, not real ones
concerning VIs, this guy s got a few. but if he cant get out of short positions he is in, he's f;;;;ed. did you see he was sweating during the interview. he is losing money every day now
11. confused76 said...
banks have unlimited earning power!!!
http://www.timesonline.co.uk/tol/money/savings/article6275431.ece
do not get fooled by federated and his blabbing about psycology of the markets. he was sweating hard
"your fund returned 34%".... the journalist said
"no well only 20%"... of course he knew he lost 14% in the past 4 weeks alone
sweat, sweat, sweat
12. crunchy said...
10. confused76
A 14% loss in 4 weeks. That is overleveraging and we all know how we got into this mess in the first place.
Crazy times. and yes always trade with the trend. If one does not like it they should look elsewhere or sit on there sweaty hands.