A plethora of full agreement replies. Yes, good writing but somehow still it brings to mind Guinness' animation commercials where two eccentric scientists are complimenting one another's ideas as "brilliant!"
We are in the end of a two year recession; OF COURSE THERE ARE HUGE NEGATIVES!
Does that mean that perhaps the fall has begun to abate? Perhaps there might be a few signs of improvement?
My problem with this board is that there is an excess of self righteousness toward any sign that the economy will be taking us back to the stone ages.
Everyone is entitled to their own opinions, but there seems to be only one allowed opinion to be made public here. I received more than one private reply that was quite optimistic that the upside potential was stronger than the downside yet why were these excellent replies not made public?
Why has this board become a bear only zone?
Why are so few bulls still wring here?
Perhaps those who have missed out on the recent rally are so focused on how they were NOT wrong, that they are too self-blinded to the obvious slow turn about toward market stability.
Be that as it may, have a ball patting each other on the back for "Brilliant" observations of gloom and doom: of false statistics such as Elroy's S&P's 115 PE, how every leader is crooked, how overpriced all companies are - I will continue making a killing looking for excellent companies who are making good profits yet have beaten down stock valuations.
The best money in any post-recession recovery, comes before the recession has truly ended.
And thanks to those few who sent me excellent explanations of why this has become a "Bears only" board.
As said before, this is sad, cuz it used to be one of the best boards on IHUB
Mike S
Long term lurker recently speaking out