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Old 09.09.2011, 21:32
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How low is the low (current Euro US Crises led Stock Slump)?

Hi All

How low is the low? Like they say a million dollar question, I know no one knows. But just by going to opinions, what is the direction looking like. Some of my Favorites at year low like JPM at 32, GS at 100, BP at below 36 etc.

I am looking to accumulate a few. Any direction, recommendations and insider information too would be appreciated.

Cheers..
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Old 09.09.2011, 21:56
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Re: How low is the low (current Euro US Crises led Stock Slump)?

If anybody knew the answer they would be rich, it's times like this that there are bargains about.
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Old 10.09.2011, 11:12
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Re: How low is the low (current Euro US Crises led Stock Slump)?

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If anybody knew the answer they would be rich, it's times like this that there are bargains about.
Like I mentioned, no one knows, just seeking opinions based on hunch of experts. Thats all..
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Old 10.09.2011, 11:40
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Re: How low is the low (current Euro US Crises led Stock Slump)?

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Like I mentioned, no one knows, just seeking opinions based on hunch of experts. Thats all..
The market is fearful, that's when you get bargains, Warren Buffets strike price for GS was 114, the price later fell to 48, he thought it was a good price at the time, 6 weeks later he may have felt differently.

Experts rarely have a clue, that's why 90% fund managers under-perform the market year after year. They are all fearful for their jobs so they all sudo track the market, they don't really have an opinion of their own.
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Old 10.09.2011, 11:48
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Re: How low is the low (current Euro US Crises led Stock Slump)?

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Experts rarely have a clue, that's why 90% fund managers under-perform the market year after year.

That's ... "A random walk through wall street"
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Old 10.09.2011, 23:16
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Re: How low is the low (current Euro US Crises led Stock Slump)?

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That's ... "A random walk through wall street"
Worse than that - a random walk would be right half the time

Last edited by FrankZappa; 10.09.2011 at 23:17. Reason: fat fingers
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Old 10.09.2011, 23:49
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Re: How low is the low (current Euro US Crises led Stock Slump)?

Generally:
Trying to pick the stock market bottom is like trying to predict the future.
Don't try. It's a mug's game - falling knives etc. The only fail safe way is hindsight.
Specifically:
Timing your entry is a function of your time horizon.
My take:
Volatility will be with us for quite a while.
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Old 10.09.2011, 23:59
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Re: How low is the low (current Euro US Crises led Stock Slump)?

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Generally:
Trying to pick the stock market bottom is like trying to predict the future.
Don't try. It's a mug's game - falling knives etc. The only fail safe way is hindsight.
Specifically:
Timing your entry is a function of your time horizon.
My take:
Volatility will be with us for quite a while.
What I like about volatility is it shakes out all the sellers, then the market has only one way to go.
Give me high risk & volatility over safe haven currency accounts, that can fall 10% in a day due to 'intervention'. That 10% will be hard to recover at low interest rates.
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Old 11.09.2011, 10:51
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Re: How low is the low (current Euro US Crises led Stock Slump)?

Fatmanfilms is right. You can do all your homework on the stock market, pick the right company at the right time only to have your hard won unhedged returns mullered on a currency adjusted basis.
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Old 14.09.2011, 15:50
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Re: How low is the low (current Euro US Crises led Stock Slump)?

I appreciate the caution suggested but still there are good deals out there.

I agree to Nev that volatility will be around for a while. This time it looks like not the one where you see a 1-2 years cycle in each phase. But still there must be deals on offer. I am tempted with some tech stocks as well like TIBX, Qlik but then either you go for blue chip like APPL or BP. The emerging once give the feeling of pure speculation, some day an IBM would buy them you will see 50% appreciation..

Anyways, if some one is ready to endorse a specific ticker then I am waiting to know..
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