tag:blogger.com,1999:blog-2335748440449035592.post6408766659390634388..comments2008-11-25T16:04:03.412-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2335748440449035592.post-68447255161281542182008-11-25T16:04:00.000-05:002008-11-25T16:04:00.000-05:00I thought Canada was part of the good ole USA...oh ever been to Cancun? Easier to spend $$$ than pesos...got to run carpool!!!Guy M. Lernerhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-89887209881082599072008-11-25T15:52:00.000-05:002008-11-25T15:52:00.000-05:00we are very americanized here<BR/><BR/>look at those infrastructure stocks fly now, JEC, FLR et al. When the rest of the world slows down you can't touch them with a 10 foot pole - but when the good ole USA rolls out a New deal 2.0 they are great buys! Sometimes I wonder if Americans realize there are other countries out there not named Canada and Mexico.<BR/><BR/>Darn education system...TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-5552324442235795002008-11-25T15:44:00.000-05:002008-11-25T15:44:00.000-05:00What is so bizarre regarding the market action is that it has become impossible to invest in any idea that isn't all American apple pie. Betting on stocks is good; shorting is un-American. Bet on oil? No way; you don't see those guys coming to the government for a hand out. Bet on gold? Ehhh....not going anywhere fast. Bet on higher yields? Not good for stocks so not a good idea. It is tough swimming up stream at times.Guy M. Lernerhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-57884055537845663292008-11-25T15:23:00.000-05:002008-11-25T15:23:00.000-05:00We've turned into a nanny state<BR/><BR/>the government must step in or the toddlers will cry and sell off the market<BR/><BR/>when the government steps in, they cheer as risk is offloaded off of Wall Street and onto American taxpayer<BR/><BR/>instead of cheering people should be asking why such historic action is now being done on a weekly <BR/>basis.<BR/><BR/>I think since Fox Business Channel came on in October 2007 the market is down 40%.<BR/><BR/>I'd love to know the market stats since CNBC came on.<BR/><BR/>CNBC basically feeds into the Ritalin generation, video game playing trading. When Charlie Gaspirino says jump, stocks can move 5%. Remember all those Ambak bailouts that used to move the market 5% in January February? Ah, the good ole days.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-17115724196338034412008-11-25T15:19:00.000-05:002008-11-25T15:19:00.000-05:00TM:<BR/><BR/>Good stuff again!<BR/><BR/>It really is unbelievable; I listent to CNBC on the Sirius radio and you get the sense that the national pastime is what is the market doing today. Furthermore, the silly commentators cheer stocks on these capital infusions and are so breathless that they can never ask the question of how are we going to pay for all this. Yes, the market may be up and may only be due to perceptions of better times ahead, but I am having a hard time seeing what those better times might look like. I suspect they will be like 2002 to 2007 where you having rising inflation and subpar growth but only the next period will be worse because of the ballooning deficit.<BR/><BR/>With regards to market you have to wonder why bond yields are down today and stocks are hanging in there. I suspect little downside pressure all week due to the holiday.Guy M. Lernerhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.com