10-thou

Anyone jumping back in the pool?

Think it will stay?

jg

uhh, i thought it was buy low-sell high, not the other way round?

i was thinking about it, dunno what to put money into... wanna start out small

Dollar cost averaging, my friends.

I never jumped out of the pool as I haven’t seen any good alternatives.

In terms of the DJIA staying above 10K…it may for a while but that’ll just make the retraction more severe when it happens.

The P/E ratio is currently at 28…for those that don’t know, historical averages have been between 10 & 20 so 28 could only be justified if there was reason to believe that corporate profits were about to increase by a factor of 50% which would take the P/E ratio down to 18.5...still high but reasonable.

Current Stats

Between the inflation we’re about to see due to Obama printing tons of faux money and the resulting need for the federal reserve to start charging interest, & the inevitable spike in unemployment our current administration’s policies are facilitating, & the loss of consumer confidence we’ll see when the next wave of housing foreclosures starts in February…I’m confident that we’re totally Berkley’d.

If by jumping in the pool you mean dropping major coin on something that will lose every penny of it and then some over time... then yes.

I'm going racing with the money - that way atleast I'll have got something for it. When I think what I lost over the last year - berkeley it... I'm going to die broke anyway, might as well not have any regrets on the ol deathbed.

I'd be happy to have your money jump back in the pool. My money is staying out of the pool. I managed, after much anguish, to get even (WOO HOO!!) and bailed at that point. There are some really really big playah's out there, like Soros, trying to destroy the dollar and bring on a global currency. This is not conspiracy talk, this is what Soros said. As in he said we need a world currency that isn't the US Dollar. Soros bought The O. Things are not looking better to me. Or, "How's that hopee-changee thing workin' fer ya?" Anyway, the safe place to put money right now is in TIPS. Treasury Inflation Protected Securities. Yeah, the yield is low, but when inflation kicks in and is finally acknowledged, you'll get a little more than sitting there watching it just get smaller.

Do what I say and If I'm wrong, you still have your money. If I'm right, you still have your money. Jump back in and if I'm wrong, you'll have a little bit more money, like maybe 10% and if I'm right you'll have half what you have now (again).

RX Reven' wrote: The P/E ratio is currently at 28…for those that don’t know, historical averages have been between 10 & 20 so 28 could only be justified if there was reason to believe that corporate profits were about to increase by a factor of 50% which would take the P/E ratio down to 18.5...still high but reasonable. Current Stats

When Jac started talking about P/E, that started the long down turn here at Ford. As the emphasis turned from making cars to shareholder value. We all know how that turned out.

My one question- why in the world would one ever buy something with a high P/E?--- all that REALLY means is the stock price is overrated for the ACTUAL performance of the company. High price vs. low earnings. Or is it a goal to have as low of dividen as possible? No, I'm sure the goal is to sucker someone else to think that the amount the stock is overpriced isnt' quite high enough to take the sucker company off your hands.

P/E is WAY over rated.

Dr. Hess wrote: Do what I say and If I'm wrong, you still have your money. If I'm right, you still have your money. Jump back in and if I'm wrong, you'll have a little bit more money, like maybe 10% and if I'm right you'll have half what you have now (again).

Bah...

Invest in emerging markets now and make 40%... ...

And to answer JG's question, I never left and I won't. Leaving the market is stupid, plain and simple.

I didn't think we were talking about leaving the market, just jumping back in. I bailed even, and I'm quite happy with that number. If you're on the side lines now, I think that's a great place to be. If you're still in, then ride it up some more and try to get even before the music stops again.

Dr. Hess wrote: I didn't think we were talking about leaving the market, just jumping back in. I bailed even, and I'm quite happy with that number. If you're on the side lines now, I think that's a great place to be. If you're still in, then ride it up some more and try to get even before the music stops again.

YTD return.. 69% http://www.google.com/finance?client=ob&q=MUTF:VEIEX

BAM!

Hi Ignorant,

You’re a swell person and all but what ^%#$@ do you mean by “BAM!”

How many people do you honestly think were on the side lines not getting hurt and then jumped in just as the 69% run up started and then just took their profits off the table today so no matter what happens tomorrow, they can say BAM!, I made a fast 69% profit???

Not too many.

RX Reven' wrote: Hi Ignorant, You’re a swell person and all but what ^%#$@ do you mean by “BAM!”

i dunno..

Doc didn't think that emerging markets investments were available in the NYSE. BAM!

I get your point...just keep in mind that the exact same emerging markets mutual fund also lost 44% in a recent three month period BAM!

Several People wrote: BAM!

Is this a cooking show? What am I missing here?

RX Reven' wrote: I get your point...just keep in mind that the exact same emerging markets mutual fund also lost 44% in a recent three month period BAM!

yup... Data is your friend.
Enron and AIG were once the stock to have.. HA!

Dr. Hess wrote: I'd be happy to have your money jump back in the pool. My money is staying out of the pool. I managed, after much anguish, to get even (WOO HOO!!) and bailed at that point....

And this is exactly why the market (even if it is "actually" good now) will likely oscillate for a while. I suspect a fair number of people are doing this also.

The problem with the strategy is that with you money out of the market, you are taking a ride with inflation, you will of course need to be in something that can ride out the inflation (which might be substantial). It is very apparently many have jumped into gold (it's insanely high now), but it is WAY late to jump into that.

Strangely, a good place to put money might be collector cars. They should ride the inflation wave, and they seem to have passed the stupid prices they had a few years ago. Getting the right one of course is the issue, then again, it's hard to loose money on an old Ferrari (other than driving it of course).

Oh.... and BAM!! Has anyone seen my Spice Weasel?

“has anyone seen my Spice Weasel”…no but I am partial to gladiator movies.

But seriously, I’ve been thinking about what a good time it is right now to buy any none essential “toy”…classic car, airplane, it’s all good.

Lost $200k of my retirement, I hope it's here to stay.

I do believe that I'm going to take some of that hard earned moolah and invest in a ultra high-tech metal detector....then go to the beaches in NC and Florida and look for gold.