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Old 04-02-2009, 08:15 AM
dapperdobbs
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Default Re: Fearless Freddies -- Bungee Jumping in New Economy (WSJ)

On Mar 31, 8:46*am, Igor Chudov <ichu...[at]algebra.com> wrote:
- quote -

> A very inreresting article. For those without a subscription to WSJ,
> here's a copy that I saved:

[snip]
> These "Fearless Freddies" are the ones who had the stomach to invest
> in Citigroup when its share price dipped below a dollar. They are the
> ones buying oil (and oil stocks) as it hits new lows. They are down in
> Florida looking for condos and checking out the foreclosures. They are
> either the smartest people in this changed economy -- or the
> dumbest.


Just to be a bit different <grin> things look like business as usual
to me :-) Some houses in my area are overpriced, some are underpriced,
some are priced fairly. One must be able to differentiate between
them. Some companies reported increased EPS, and are trading at the
same PE as some companies whose EPS fell. Some companies *increased*
their dividends, this past quarter, and their stock price dropped.
Some cut, and their stock increased.

Life is a big "go figure" ... what can I say!?:-) I know I'm not the
smartest, I hope I'm not the dumbest. To me it's not fearlessness -
it's looking.

  #-1  
Old 03-31-2009, 01:46 PM
Igor Chudov
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Default Fearless Freddies -- Bungee Jumping in New Economy (WSJ)


A very inreresting article. For those without a subscription to WSJ,
here's a copy that I saved:

http://igor.chudov.com/tmp/Bungee-Ju...ew-Economy.txt

Two paragraphs follow:

In these uncertain times, most people are seeking protection and
safety from the prospect of even more economic turbulence. But another
group is going bungee-jumping into the middle of the financial crisis
-- bravely increasing their investments even as the markets and the
financial system collapse and gloomy predictions abound.

These "Fearless Freddies" are the ones who had the stomach to invest
in Citigroup when its share price dipped below a dollar. They are the
ones buying oil (and oil stocks) as it hits new lows. They are down in
Florida looking for condos and checking out the foreclosures. They are
either the smartest people in this changed economy -- or the
dumbest.

....

--
Due to extreme spam originating from Google Groups, and their inattention
to spammers, I and many others block all articles originating
from Google Groups. If you want your postings to be seen by
more readers you will need to find a different means of
posting on Usenet.
http://improve-usenet.org/

 
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