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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
I keep hearing 2 things over and over again...

1. This time its different

2. The sky is falling

The problem with Retards is that one can say the same thing over and over again and the Retard still doesn't get it.

Every Asset Class has its time in the sun, and has a Business cycle.

Stocks from 1994 through 2000 was where the action was, Housing or RE was DEAD DEAD DEAD, Bonds and interest rates were declining...until 1998 when the Fed started to increase the Short Term Rate. Then in 2001 RE started to do well as Stocks tanked.

So where are we today in the scheme of things...U wana go out and buy RE now to make Money....I DON"T THINK SO...How bout Bonds? Interest rates have increased and BOnd prices have declined somewhat. Yet that Market is pretty much had its run...so where is the MOney to be made on Bonds? So what Asset Class is

has been in the doldrums and STILL not made its run....Lets just say ONE MORE TIME, Companies ONLY buy back their Stock when they consider it to be CHEAP.


One little hint....What is the LIQUIDTION value on Microsoft Stock? Bet its around $42 a share what is Microsoft Trading at $29...Hmmm that means Microsoft is $13 a share under Book value of its shares...looks like some easy money to be made there huh...
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"Some Observer"
Old 08-04-2007, 12:00 PM
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