tag:blogger.com,1999:blog-7444476276287180978.post6385705944061339213..comments2023-11-20T05:15:20.137-05:00Comments on Behind the Headlines: Teenage AngstMichael Kahnhttp://www.blogger.com/profile/10668546349672243203noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7444476276287180978.post-28894843490193754192008-09-05T09:59:00.000-04:002008-09-05T09:59:00.000-04:00market dog,I agree that financials are still sick ...market dog,<BR/><BR/>I agree that financials are still sick but I am not really a seller anymore unless I find a stock that has not already cratered and sports deteriorating fundamentals (did I just say that?)Michael Kahnhttps://www.blogger.com/profile/10668546349672243203noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-87926953251006930082008-09-05T09:52:00.000-04:002008-09-05T09:52:00.000-04:00tcbPerhaps the commercial problem will show up in ...tcb<BR/><BR/>Perhaps the commercial problem will show up in the office REITsMichael Kahnhttps://www.blogger.com/profile/10668546349672243203noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-71906462311310335442008-09-05T09:48:00.000-04:002008-09-05T09:48:00.000-04:00Doug,I wrote a long time ago that the banks had bo...Doug,<BR/><BR/>I wrote a long time ago that the banks had bottomed but were in for a long period of healing. In other words, the market is looking out ahead and probably does see the commercial loan problem coming.Michael Kahnhttps://www.blogger.com/profile/10668546349672243203noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-44349241549848121252008-09-04T17:16:00.000-04:002008-09-04T17:16:00.000-04:00I hear what your saying tcb, I live in pinellas co...I hear what your saying tcb, I live in pinellas county florida, extremely densely populated and there is a lot of commercial real estate that is vacant and for rent.<BR/>And to add to your guys' bearishness, what a bloodbath today for the bulls, I closed my puts that I have been holding for two weeks now for a nice profit,didn't get exactly the best price, but I'll take what I got. Trying to claw my way back from a huge loss I took by going long too early before the July 15 lows and the decay rate of my calls nearly wiped me out.Those options have some sharp edges on both sides of the sword....Doughttps://www.blogger.com/profile/02226753340237866397noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-51041819299981104972008-09-03T22:07:00.000-04:002008-09-03T22:07:00.000-04:00And....I apologize for the typos...I am tired and ...And....I apologize for the typos...I am tired and have been up for the last 19 hours...time for bed....Rooof!Market Doghttps://www.blogger.com/profile/10629266282450228352noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-25183358832845645822008-09-03T22:05:00.000-04:002008-09-03T22:05:00.000-04:00People:It does no good to analyze daily, but rathe...People:<BR/><BR/>It does no good to analyze daily, but rather step back, take a breath and watch the long term. The day to day noise is just that...noise, press, media attempting to talk up the market (no...not CNBC....HA!)<BR/>It is like weight loss.....one does not gain 100 pounds in a month, but over a longer term. Digest the market as such and you will see that the market acts in the same manner. Thsi will take months and months, but in the end...all will work itself out for better or worse....and I am in the WORSE camp. Financial rallies are a chance to SELL. We have not seen the bottom. In fact (for example) on a long term study chart, look at Citi (C)....$10 is in the cards, but it won;'t get their tomorrow. Just like it didn't drop to where it is today from $50. Patience....that is my message.<BR/><BR/>Good trading. Rooooof!Market Doghttps://www.blogger.com/profile/10629266282450228352noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-77785906482128839382008-09-03T20:06:00.000-04:002008-09-03T20:06:00.000-04:00Doug.I think what market has factored in is "Resid...Doug.<BR/>I think what market has factored in is "Residential slump" only.<BR/>I believe we are yet to see a commercial one manifesting in the market.<BR/>I think we will see it soon enough.<BR/>Through the history of real estate market, commercial always follow residential cycles.<BR/>This time though, the lag between them is exceptionally long, and that to me is foretelling of long extended slump before us.T.C.B.https://www.blogger.com/profile/03120883492497889244noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-64103912501330131492008-09-02T17:47:00.000-04:002008-09-02T17:47:00.000-04:00Mike, I noticed you stated that your friend says t...Mike, I noticed you stated that your friend says there is still a coming disaster for banks, seems like the market factored this in already, if I'm not mistaken hasn't the financial sector been getting pounded for a long time now. I'm certainly not insinuating that it can't go lower because there is always zero(lol).<BR/>Or is he refering not so much to the market as the general public and the talking heads on television?<BR/>One last comment on the article and the economy, I want the politicians to get out of the way, stop spending so much on crap,and lower taxes on the "wealthy", when was the last time you got a job from a poor person?Doughttps://www.blogger.com/profile/02226753340237866397noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-12528162281319775272008-09-02T17:37:00.000-04:002008-09-02T17:37:00.000-04:00What you got in mind fitz? There needs to be some ...What you got in mind fitz? There needs to be some technicals to confirm also a lack of consolidation areas on it's way down is always nice. Is there a negative divergence in stochastics/MACD?Doughttps://www.blogger.com/profile/02226753340237866397noreply@blogger.comtag:blogger.com,1999:blog-7444476276287180978.post-49621921556140806682008-09-02T15:52:00.000-04:002008-09-02T15:52:00.000-04:00Is it not safe to say that any issues that rely on...Is it not safe to say that any issues that rely on 'irrational exuberance', or 'animal spirits', would be a short candidate ?Fitzhttps://www.blogger.com/profile/09041853209874378264noreply@blogger.com