Re: July 1 Competition May 16 results

FrediFizzx wrote:
> "-DirtBag©" <"-Dirt\"@[EMAIL PROTECTED]
"> wrote in message 
> news:482FAFD7.2060408@[EMAIL PROTECTED]
>> comics@[EMAIL PROTECTED]
 wrote:
>>> dirbag is kicking ass and taking no prisoners !
>>>
>>> "Arrest the oil commodity speculators for conspiracy to commit "price
>>> fixing" !
>>>
>>
>>
>> Thanks for noticing Comics..  I am no Ken Heebner..or Ricky Ricardo... 
>> but Lucy you need to see this!...
>>
>> I know I catch heat for being a little bit cynical about where the 
>> market is heading.. I think were in a bear market run.  It's legs will 
>> be cut out of it soon.  China is looking like it may start turning 
>> downward as a result of catching cold from the USA economy and this 
>> contagion will spread further.  European homes are loosing value now 
>> and usa Credit Card CDO's are starting to get hammered... round two 
>> coming up..  Sorry I just re****t the facts.
> 
> All that doesn't matter for the markets.  Stock yields are still beating

> "safe" bond yields by a decent margin so it is basically impossible to 
> be in a bear market run.  But see Don's recent post on decoupling.  Much

> of the rest of the world is still kickin' butt pretty good.  I suspect 
> you are focusing on the wrong "facts".  Just tryin' to be helpful during

> your doom and gloom. ;-)
> 
> Just look at the two stock contests; most people are beating the market 
> with quite a few in the green.  I don't think that would happen in a 
> real bear market.  Plus out of all the picks in the 2008 game, only one 
> pick was a short.
> 
> Fred

  What IMHO your missing is that Europe will soon be dealing with a 
similar situation that happened here with RE Values.  Devalued housing 
and the financial derivatives backing the mortgages loosing their AA BB 
ratings as what took place here with BSC will ignite a new round of 
world financial ciaos soon in housing..  I hope this is not the case but 
I think we will know soon.. Seems that China will be feeling our pain as 
  we contract and with its market as overblown as it is we could see 
some serious retracement in China's stock market.  Lets hope I am
incorrect.

I will try to think positive.. I am not all about gloom and doom.  But 
it ain't going to be easy.. hahaha

-Dirt©