When the coming inflation kicks in you will be wishing you could trade a down market for your purchasing power. The USD is sick and dieing!! All these steps to boost the market are fake. We are not creating wealth, we are creating money. Look at todays numbers on CPI, after all this there is STILL NO DEFLATION and the printing presses are running full steam. Inflation is ALWAYS under reported, so even with that being said, still no deflation. To all the Deflation people.... WHERE IS IT? We are headed no doubt twoard hyper-inflation and the destruction of the USD. All the people who were singing the deflation song, it's time to man up and admit that you were dead wrong. I said it over and over when the topic was a hot button: "Inflation is a constant, any deflation is simply a pull back in Inflation" We are screwed and smiling because of some fake green numbers on a silly index. [more]
I have decided to rename the P/E ratio the Projective/Exaggerator ratio. From now on when you look at a P/E ratio please keep this in mind.
Before you think about what this chart follows. I just want you to look at the chart itself. Throw out any notions and look at the formation without over thinking it. When a chart looks like a pine tree on its side, you may be looking at a bubble. Now hold your breath and look at what the chart follows. http://moneycentral.msn.com/investor/charts/charting.asp?iax=1&Symbol=%24INDU [more]
Take a look at this link to Historical real estate prices. Look at what happened in the 70s when we went off the gold standard. I hope this can help the people who think real estate is near a bottom get some idea of where we came from. The real estate bubble didn't start in 2000 or so. It started long before that and "could" fall harder than anyone would think possible if it reverts to the mean. [more]