Comments on Fund My Mutual Fund: Bookkeeping: 'Rising Tide' Performance Week 17

Mark, Funny you pointed it out as I was thinking.....

2007-12-02T10:08:00.000-05:00

Mark, Funny you pointed it out as I was thinking... Hmm is it supposed to be mysteriously sarcastic that the article is talking about the menu and I am simply not getting it or is it just their stupidity to write those details in there?.. the latter seems to be case indeed... ;)..

I have to agreethis is why I say 2008 profits are ...

2007-12-01T13:58:00.000-05:00

I have to agree
this is why I say 2008 profits are far too high for those not heavily relying on international growth. In the end stock prices are a reflection of profits, even if that is not the case in the near term. I see January 2008 being the time corporations start confessing (outside of retail and financials) that 2008 is going to be a tough year. There is a reason the trucking companies are a disaster as are more transport stocks - everything is slowing no matter what the Fed does or the stupid incessent cheering each time they cut. The consumer won't be back in force until a few years... at that point maybe rates will be back to 1.5% and we can play this whole game over again as they move all their debt back to their houses, housing prices start rising again and then we can play the whole shenanighan over again. By then some stupid institutions will think they can outsmart the market again and start buying subprime loans again. And they will say "it's different this time"... circa 2012-2014. p.s. I laugh at how detail oriented Bloomberg is "At last night's meeting, predictions of an economic malaise were followed by a cocktail reception and three-course dinner featuring boneless duck confit over celery root and black truffles, and roast rack of lamb, according to a menu. The cheese and dessert course included soft Gorgonzola, sorbets and berries." <--- thanks for the info!

Here is an interesting read - http://www.bloomberg...

2007-12-01T11:35:00.000-05:00

Here is an interesting read - http://www.bloomberg.com/apps/news?pid=20601087&sid=aN.2.bnZ8elk&refer=home

I think its time to go short everything!! hehe. Just kidding. But financials are still a good short for the next 6 months atleast.

Cheers.. AJ

I am disgusted by the fact that we are bailing peo...

2007-11-30T19:15:00.000-05:00

I am disgusted by the fact that we are bailing people out of stupidity. I guess it sends a repeated signal, that in this country that you do not have to be responsible for your actions. I guess I'll go take out the biggest JUMBO loan and just wait for the GOV to bail me out if I can't make the payments....lol..too funny...the middle class takes it in the rear again.