Comments on: Charting 1973, 1982 and 2009

By: Charting 1973 1982 and 2009 The Big Picture | Wood TV Stand

Charting 1973 1982 and 2009 The Big Picture | Wood TV Stand — Sun, 31 May 2009 22:50:42 +0000

[...] Charting 1973 1982 and 2009 The Big Picture Posted by root 1 hour 34 minutes ago (http://www.ritholtz.com) Anyone watching the bdi check a weekly chart and see that cup and handle just like as we see it better days lie ahead as a generic comment when both the equity and credit we 39 ve gone so soft that we just can 39 t stand the idea of a little recession to Discuss | Bury | News | Charting 1973 1982 and 2009 The Big Picture [...]

By: karen

karen — Wed, 06 May 2009 12:37:51 +0000

The HP 12-C, is my weapon of choice as well.

By: Mark E Hoffer

Mark E Hoffer — Wed, 06 May 2009 12:32:16 +0000

ben22,

the 12C is good one, too. as RPN shows “Nothing equals Anything!~”

what’s cool about the 41s is that they’re fully Programmable, and, thereby, can go beyond Finance.
see, as intro: http://www.hpmuseum.org/hp41.htm

many as still unsure why the 41-series was terminated as early as it was..
still an active ‘underground’ support network for them..
needless to say, HP has changed a lot..

By: ben22

ben22 — Wed, 06 May 2009 12:09:38 +0000

Mark,

I rock an HP 12-C, it’s the only one I like to use.

By: Mark E Hoffer

Mark E Hoffer — Wed, 06 May 2009 04:12:31 +0000

for yon’ Investors: http://www.onn.tv/HomePage

http://www.optionseducation.org/

some simple math and a good calculator (I’ll recommend an HP-41 CV/CX) goes a long way toward keeping one in one piece, in these infested ‘waters’..

By: ben22

ben22 — Wed, 06 May 2009 03:36:44 +0000

karen,

I was thinking you were more bullish for some reason, sounds like we are doing same thing, but yeah, not on gold, I’m out of there for now, just watching. not shorting, lol.

glad I get some more leeway on my rants now

By: karen

karen — Wed, 06 May 2009 03:10:21 +0000

On looker, we agree completely. I appreciate the sanity, too.

By: Onlooker from Troy

Onlooker from Troy — Wed, 06 May 2009 02:52:23 +0000

Oh no doubt P/Es are cooked. And the bloody market in it’s all knowing ways is just too stupid to do it’s own math and value companies appropriately. Just like the banks and their bogus “earnings.”

I know the market’s always been a speculative affair, but the momentum crowd has made it practically impossible for anybody to be just a good “investor” instead of a trader. We’ll see what the rest of the secular bear does in that regard.

By: karen

karen — Wed, 06 May 2009 02:39:56 +0000

Onlooker, problem is PEs are cooked. I think they all decided to be ugly together this quarter; just as they all attempt to keep up with the Joneses in the good times. The earnings downturn should have begun in 2007, but they had carry over to book so everything looked too good for too long..

I’m not bearish, i’m into the bifurcation or trifurcation scenario… now is the time to look for value, meanwhile trade what the hot money trades. if the world doesn’t end in nuclear holocaust; those of us that are paying attention should do well enough…

By: guru

guru — Wed, 06 May 2009 02:31:36 +0000

Sorry, Barry, you’re too late to the game even though it’s worth reiterating.

I first started comparing the Financial Crises Bear Market Crash to the 1973-4 Crash on March 1, 2008 – over a year ago – in “1973 and 2001 Market Crashes and Today’s S&P 500 Index” which can be found by clicking on http://tinyurl.com/1973Crash