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Questions asked and answered by MACSINCLAIR

Posts by MACSINCLAIR

Q: I'm pretty much all cash, bond, gold right now, keeping a sort of skeleton
holding in my few mutual funds. VTTHX, my retirement fund closed yesterday
almost at 10, the same price for the stock that the fund offered at its
inception in 2003. I would say its cheap right now, but it seems really hard to
know what IS cheap anymore, since everything just keeps getting cheaper. Do
valuations make much sense right now?
Asked by macsinclair - 2 days ago - 2 answers - 27 views
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A: Get BEARX fund! Look into it. more
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Q: The s p futures went from nearly 20 up to near 15 down in half an hour??? I
don't know when we say total meltdown, but hell. What type of ammunition does
the fed have left?
Asked by macsinclair - 2 days ago - 1 answers - 11 views
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A: They need to direct suppressing fire on Credit markets, because they remain tight Also
dissapointing same-store sales and outlooks from retailers added to this unease.
Its a step in the right direction, but I think it might be a little to late. more
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Q: Well, I'm 60% cash, 20% stock, 15% bond and 5% gold. I don't know if I can
reallocate much further without getting out of the stock market all together. I
never imagined when I would hit my gain/loss button on my on-line trading that I
would ever be down 26%! But this week I'm going to start adding to my positions
slowly every month.
Asked by macsinclair - 2 days ago - 2 answers - 25 views
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A: I'd say 'potential' is the mild term. That could happen the instant this selling stops. more
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Q: Well, guys, I know we need to keep emotion out, but, this is pretty scary. I did
follow cramer's advise a couple weeks ago and shifted about 20% of my Vanguard
retirement fund to cash vehicles (I only start buying into this fund 1.5 years
ago, and its almost near the stock price at its inception in 2003!).And I took a
5% GLD position. Last week I went a little further and put another 10% of stock
in the fund into my total bond market fund. So now I have a little over 60%
cash. Today, I've been crippled with indecisiveness--should I put more into
cash? Should I buy some more since it is all so ridiculously cheap? If there is
any pattern lately, there has been big up days after big down days--sort of. But
I don't really see any reason why it won't keep melting down tomorrow. What sort
of game plan do all of you have for the next, well, two days?
Asked by macsinclair - 4 days ago - 4 answers - 27 views
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A: Mac~I still see good value in Vanguard Funds, and I still have 3 of them. Yes, we do add
to them when the market is down.

Kathy in NJ more
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Q: This stock market sucks. Last week I had sold off some of my positions to add
another 10% to my cash position. Out of frustration (not panic), I transferred
5% of my retirement mutual fund to my total bond fund today. Two weeks ago, i
kept toying with the idea of putting all my portfolio in cash and bonds, but I
thought it was too risky. But if I had, I would have missed this, what, 8,9, 10
% drop this week? Looking at the chart of the past few months, it doesn't look
like there is much support to keep it all from going down a lot further! Yikes.
For the first time I'm wondering--second job?
Asked by macsinclair - 7 days ago - 2 answers - 25 views
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A: there are always support levels, they are beyond and much deeper than just price but in
the high 1000's around 1080ish is a good support level. HOWEVER, what non-technicians dont
appreciate, is that it is **potential** support. nothing is written in stone till it is
actual history.

stay nimble, stay loose, and remember its better to be out of the market wishing you were
in than it is to be in the market wishing you were out. more
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Q: I have CGMFX, Heebner's fund. He shorts several bank positions in the portfolio,
including Wachovia. How does the new rules against shorting affect these
holdings? Sorry if I sound stupid, but do they just not trade at all? Do they
trade as a normal stock now (I hope noe), etc.
Asked by macsinclair - 11 days ago - 2 answers - 58 views
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A: they use options, puts,and other types of complex trading more
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Q: Do any of you use cramer's Action Alerts PLUS subscription? If so, have you
found it helpful?
Asked by macsinclair - 11 days ago - 2 answers - 32 views
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A: It's definitely helpful, even if a few of his picks are...challenging. I'd be in deep shit
without some sort of guide. more
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Q: Granted I've only been around forty years, but I've never seen the country in
worse and frightening shape, and without solid leadsership or direction in my
lifetime. Nor do I think I've seen such rampant stupidity, and I'm someone who
follows the news religiously. When I hear politicians debating the Paulson plan
and the economy, both Democrats and Republicans, I want to throw my television
out the window. It is a difficult and complex problem, but why can't smart
people like Paulson and Bernanke realize that the LANGUAGE they are using is
both alienating everyone and causing grand misunderstandings! This may be the
most important economic piece of legistation in a century: why hasn't anyone
been able to explain the crisis in terms that resonate with taxpayers and
voters? I can only imagine that on top of the notion that taxpayers are footing
a bill to bail out wall street idiots (which isn't quite the case), seeing our
leaders in a state of ineffectiveness and panic causes both anger and fear. And
the biggest fiasco was McCaine making a showboat about running to Washington to
save the day, forcing the administration to invite both candidates to the White
House. No one should be naive or equivocal about this--it is the CLEAREST thing
in this whole mess that the candidates' sudden involvement in the key meeting
has turned this whole thing into a much worse disaster than it has ever been. I
agree that this is a time for candidates to show leadership, but the best place
they can do it RIGHT NOW, and in a crisis like this is in front of America in
the scheduled debates that a majority of people anticipated and believe is the
most important event of the election.
This is a god-awful mess--and mark my word, as soon as millions of people
suddenly realize they can't get a car loan this year, or can't get money from
their ATM for a week or more, or can't send their kids to college, or lose their
jobs because their company can't get money from their usual lender, hardly
ANYONE is going to care whether or not a plan comes from a democrat or
republican, whether or not there is a freeze on executive parachutes, whether or
not Paulson's ideas to buy mortgage securities and hopefully earn a profit
works, on and on. ALL that most people will care about is who is going to
provide them food, some cash, and a roof over their heads. And when we reach a
point like that, THEN you begin to worry (and SERIOUSLY worry) about whether or
not Democracy will survive, to say nothing about so-called free market
capitalism. We often forget in this country that it is a thin line between
cherishing and upholding freedom, and taking whatever you're given because
you're on the verge of becoming homeless and hungry.
Asked by macsinclair - 14 days ago - 7 answers - 45 views
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A: now that you mentioned homeless and hungry.....maybe this is the reason so many hotels
have been built while the housing crisis has been taking place.....cheaper to rent a hotel
room than pay for a mortgage....plus they have house keeping, and free continental
breakfast! think i'll buy some more HPT (that's my hotel REIT i picked, there is about 4
others i've read about). more
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Q: Took a small position again in AUY last week at around 9. I'm up hefty since
then--might sell a little and wait for pullback. I made some money on AUY back
in April and May, then got burned in the summer. Anyone have any thoughts on
AUY? Cramer mentioned he's going to add AUY this week. Gold seems like its in
play again, but pretty volatile. I know there are arguments between buying the
miners and buying GLD.
Asked by macsinclair - 18 days ago - 3 answers - 63 views
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A: Lock in some of them gains & let the rest run. more
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Q: As this bail-out is in Congress and close to happening, there is a lot of
expected discussion. I didn't think I'd take this line, but it seems to me that
stalling over CEO compensation and what not isn't going to do anything at the
crucial moment to help. (Don't get me wrong, I think a lot of these characters
should be rounded up and tossed on an island where they can sink there own
living space and their compensation is a sin) The more importnat issue, it seems
to me, is to get some people on board along with Paulson quickly who can help
oversee the bail out, like Bill Gross from Pimco, someone who understands these
derivatives that are clogging up the financial system. From what I gather from
reading and people I talk to is that hardly anyone really understands these
complex investements and derivatives. I saw my uncle yesterday--he's a big Wall
Street insider, and he claims there might be only two or three people in the
business who really do understand these derivatives. What he had to say
yesterday was quite frightening, probably the stuff that made everyone go silent
with fear on Friday at the metting with Paulson and Bernanke. My uncle spread
his investments out into safe havens (although he snickered cynically at the
word "safe") around the world. He says the biggest problem is no one really
understands these investments, so under different circumstances one should act
slowly and cautiously BUT, at the same time, there is absolutely no time to act
slowly and cautiously. I guess I just think it would be dangerous to focus on
distractions when, from the sound of it, we're on the verge of going under
completely. And my uncle's warnings about money drying up so that we regular
people would walk away from ATMs empty handed seemed sincere on his part, to say
nothing about loans disappearing, kissing the chance of sending my son to
college goodbye. So far in the past few weeks, I've seen real dialogue in
politics sinking to debates over lipstick on pigs and other nonsense that
becomes so idiotic its surreal. But distractions work--and I fear they turn our
attention away from the catastrophes, and end up only benifitting the
distractors.
Asked by macsinclair - 18 days ago - 2 answers - 46 views
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A: I think it's obligatory to take a look at this - here is something that absolutely makes
it mandatory for congress to take a look
"Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and
committed to agency discretion, and may not be reviewed by any court of law or any
administrative agency.”

This is moving forward quickly but this level of decisionmaking is as unprecedented as the
failures that caused it.

The AIG (I'm so sleepy I hope I have this right and will read through again and post if
this is an error) just refused his goodbye package of 22Million. Not bad. The government's
"help" at 10.5% interest is a pretty heavy loan service.

The world (G5) said yes to all this.

I think Congress is moving faster than they ever have and still no one really understands
this except Paulson and they cannot take everything being thrown out in this crisis as
truth. more
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