Todd Harrison of Minyanville.com is one of the handful of deadly accurate “guru’s” who actually practice what they preach. If you can deal with his verbal diahrea and pessimistic vibe, you will get some excellent ideas. In any case, Toddo is short-term bearish, sees the market for 2009 as “W”-shaped, and we are now sliding down to the right side of the W. We’re assuming he expects stocks to bottom over next 6 months. This plays into the theory of the market taking investors through the path of “maximum frustration”. Sounds about right to us.
The Big Picture
Doug Kass: “Worshipping at the altar of price momentum can be punitive to the recently converted.”
Doug Kass is Bullish on Stock Market and lays out the key elements that will likely cause some drops along the way. […]
The Big Picture
1929 Stock Market Crash Was Not that Bad After All!
An investor who invested a lump sum in the average stock at the market’s 1929 high would have been back to a break-even by late 1936 — less than four and a half years after the mid-1932 market low.
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The Big Picture
Is it a Depression, when SBUX is still in business?
When the smart money is confused….Market is at an inflection point […]