All it took to turn this bear market into a rally is for me to call it a bear market?

We are in a global bear market, but at some time in the [NEAR, I HOPE!] future some of
these stocks have to be bargains!

It is funny that Wells Fargo is one of the few banks that was not handing out bad loans
before the housing bubble burst and retains the highest credit rating from the S&P yet its
stock is still getting hit like everyone else in the sector. I smell a discount.

Two of my favorites...Charlie Munger...Do you want to be as good as Warren Buffett? Just
read as much as Warren does. 2nd One...Warren Buffet..Don't trust Mr. Market to give you
the true value of your company, he is a mentally disturbed individual.

lol what? basis points are used to describe and distinguish the different between
percentage moves, (something is donw 3%) and percent moves (something is down 0.03)

if i tell you, in words, something is down 3%, you would assume i meant 300 bps. thus, i
use 3 bps to make the distinction when im trying to say it moves 3 bps.

"Get Your Damn Jumbo Jet off My Airport"

saw some more gibberish today "basis points" a good one.

100 basis points is 1%

Me thinks that those who use such insider lingo are longing for something in their
profession that may not be there... so sad.

Last edited on: 07-13-2008 07:22 pm

the phrase "Mr Market" - something about this sarcastic term rubs me the wrong way...
just me. Rarely used in the feminine gender; would not be PC to dis a lady?? Still a
gender gap on Wall St. I guess.

Last edited on: 07-12-2008 05:05 pm

"it's not a loss until you sell"

or, its cousin: "it's a paper loss"

Tell that to your accountant when she figures out your net worth. And I'm sure your lender
will accept the real value as "what you think" and not "what it is" when talking
collateral

hey ff, i got one for you that i describe for dog stocks that do very little to nothing
all year long even the ones that people here ask/ talk about all the time, jabba the hut,
an example of a jabba: ge, adm, ups and other real huge whales, they only have a trading
range of o-12 bucks a year no matter what the circumstance of the market yoy. they are soo
big the only way for them to move is to light a fire under their ass, via ala carl icahn,
or when it gets tickled, or time for ice cream. hence jabba, just sits there....chris