Comments on: Buoyant Market http://www.ritholtz.com/blog/2009/10/buoyant-market/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 15:05:57 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: HarryWanger http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225469 HarryWanger Wed, 14 Oct 2009 04:50:33 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225469 Meanwhile the doom squad, you all know who you are, are hit with smack in your face blow out Intel earnings. Of course you'll all say they're meaningless/rigged/manipulated/cooked because it doesn't fit your way outdated doomsday scenario. Just remember who called this mini economic boom, that we're now seeing in front of us all the way to your moldy bunkers in Nebraska somewhere. Meanwhile the doom squad, you all know who you are, are hit with smack in your face blow out Intel earnings. Of course you’ll all say they’re meaningless/rigged/manipulated/cooked because it doesn’t fit your way outdated doomsday scenario. Just remember who called this mini economic boom, that we’re now seeing in front of us all the way to your moldy bunkers in Nebraska somewhere.

]]> By: constantnormal http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225463 constantnormal Wed, 14 Oct 2009 03:57:19 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225463 Definition of "armageddon": when Harry Wanger buys the dips and is repeatedly given a severe haircut. The trading graveyards are filled with those who considered themselves invulnerable to the chaotic movements of the markets. Kinda like the guy who says, beer in hand, "hey y'all, watch THIS!" He may amaze his audience for a while, but eventually they'll wince and say, "Ewww". Definition of “armageddon”: when Harry Wanger buys the dips and is repeatedly given a severe haircut.

The trading graveyards are filled with those who considered themselves invulnerable to the chaotic movements of the markets.

Kinda like the guy who says, beer in hand, “hey y’all, watch THIS!”

He may amaze his audience for a while, but eventually they’ll wince and say, “Ewww”.

]]> By: Mike in Nola http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225444 Mike in Nola Wed, 14 Oct 2009 01:55:45 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225444 Had occasion to get lost in the Houston tunnel system under downtown a few days ago and was shocked at the number of For Lease signs where there had been businesses n the tunnels a year ago. Same houses are still for sale nearby. Big oversupply of luxury apartments being discounted. Of course, the hucksters haven't given up. I've seen several real estate seminars with Trumps name on them. There's a guy who's projects never go bankrupt. Apparently they just use his name. Here's a description of a recent one: http://swamplot.com/trolling-the-town-for-trump-chumps/2009-10-08/ Had occasion to get lost in the Houston tunnel system under downtown a few days ago and was shocked at the number of For Lease signs where there had been businesses n the tunnels a year ago. Same houses are still for sale nearby. Big oversupply of luxury apartments being discounted.

Of course, the hucksters haven’t given up. I’ve seen several real estate seminars with Trumps name on them. There’s a guy who’s projects never go bankrupt. Apparently they just use his name. Here’s a description of a recent one:
http://swamplot.com/trolling-the-town-for-trump-chumps/2009-10-08/

]]> By: dss http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225437 dss Wed, 14 Oct 2009 01:19:07 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225437 @thor Chicago area. Some suburbs are doing better than others. Mine is or I should say "was" fairly affluent. I am sure that the most of the big wigs are still doing ok, but the rest seem to be struggling. It feels like one of those bombs that only kill people went off down town. The house that is for sale is only one of many in my town, but it is the most egregious in terms of price and time for sale. @thor

Chicago area. Some suburbs are doing better than others. Mine is or I should say “was” fairly affluent. I am sure that the most of the big wigs are still doing ok, but the rest seem to be struggling. It feels like one of those bombs that only kill people went off down town. The house that is for sale is only one of many in my town, but it is the most egregious in terms of price and time for sale.

]]> By: catman http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225431 catman Wed, 14 Oct 2009 00:47:48 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225431 All - Of course BR is making big money on this rally. He's agnostic and needs a couple of new cars. HW is poking the bears with a stick and getting snapped at, but hey, somebody has to put sand in the oyster... Market isnt a monolith - hedge and prosper - can we get a hand signal to go with that? More that one finger please. All – Of course BR is making big money on this rally. He’s agnostic and needs a couple of new cars. HW is poking the bears with a stick and getting snapped at, but hey, somebody has to put sand in the oyster… Market isnt a monolith – hedge and prosper – can we get a hand signal to go with that? More that one finger please.

]]> By: JasRas http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225417 JasRas Wed, 14 Oct 2009 00:13:05 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225417 I guess it is helpful to have a belief of what may happen, but I think we all perhaps need to be more like BR and manage our assets based on what the market is now, not what it might be at an unknown point. He's been long and strong through this "ridiculous" rally of over seven months. He successfully separates the economic data and research he sees from the decisions he makes for market involvement. The are few times when it all makes sense--most of the time it is just plain frustrating trying to reconcile it--because it can't be until it wants to be. And that is after almost everyone has given up. I guess it is helpful to have a belief of what may happen, but I think we all perhaps need to be more like BR and manage our assets based on what the market is now, not what it might be at an unknown point. He’s been long and strong through this “ridiculous” rally of over seven months. He successfully separates the economic data and research he sees from the decisions he makes for market involvement. The are few times when it all makes sense–most of the time it is just plain frustrating trying to reconcile it–because it can’t be until it wants to be. And that is after almost everyone has given up.

]]> By: Thor http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225409 Thor Tue, 13 Oct 2009 23:54:38 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225409 Or HW Or HW

]]> By: call me ahab http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225408 call me ahab Tue, 13 Oct 2009 23:53:33 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225408 unless your initials are BR unless your initials are BR

]]> By: jc http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225407 jc Tue, 13 Oct 2009 23:49:00 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225407 Nothing about this market and the coordinated governmental actions the past couple yeras has been anything like an ordinary recession/bear market Nothing about this market and the coordinated governmental actions the past couple yeras has been anything like an ordinary recession/bear market

]]> By: jc http://www.ritholtz.com/blog/2009/10/buoyant-market/comment-page-2/#comment-225405 jc Tue, 13 Oct 2009 23:47:38 +0000 http://www.ritholtz.com/blog/?p=41088#comment-225405 It's time to party like it's 1930! It’s time to party like it’s 1930!

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