The Bear Case

[NY4Ever]

The reports of the death of the bear are premature. Today's CPI core number is just the beginning as pass through costs on high energy prices are about to take hold. The consumer cannot stomach gas over $3 and continue its discretionary spending. Earnings this past quarter will prove the best of the year for most companies. Bottom line: SELL !

[TFred]

Greetings,

I cant agree more,yet the Bull keeps charging.

Any thoughts on a whisper of the Bear returning?I think a hint of more Fed increases beyond the next will do it.If Ben Bernanke even has a dream about inflation,look out.

cordially Tom

[NY4Ever]

NYSE Nasdaq
Advances 1239 (38%) 1063 (34%)
Declines 1870 (57%) 1843 (60%)

Dow up 72.

[Lyehopper]

Greetings,

I cant agree more,yet the Bull keeps charging.

Any thoughts on a whisper of the Bear returning?I think a hint of more Fed increases beyond the next will do it.If Ben Bernanke even has a dream about inflation,look out.

cordially Tom

Feels like it did in 2000.... Kept looking for the bear but the bull kept charging. Problem with this market for me is.... I'm too cautious. I've pulled out alot of cash and I'm not deep into margin right now.... But I am making money so I can't complain too much..... I will however welcome any real correction, I wanna short so badly that I can taste it!.lol

[jiesen]

It's hard to keep inflation in check while keeping the printing presses going 24/7. They may just keep hiking the rates until the cows come home. There's no way they'll stop those presses.

I think our economy, and stocks overall, could still do just fine despite massive inflation. I wouldn't borrow money at a variable rate to make that bet, though.

[dmk112]

It's post like these that makes me confident that the bull will keep going, the bull will only stop when everyone is bullish. So NY4EVER, let me know when you finally get bullish so that I can sell

[DSteckler]

DMK, he's been shouting Sell! since 2003. Now you know why the market has been going up all this time <g>.

[jiesen]

this is interesting

I wonder...

http://www.nytimes.com/2006/04/22/business/22charts.html?_r=3&oref=slogin&oref=slogin&oref=slogin

how many more years before the 0.8 cents worth of zinc in a penny becomes more valuable than a penny? It will be interesting to see what excuse the government comes up with when they can't afford to make pennies anymore.

[NY4Ever]

DMK, he's been shouting Sell! since 2003. Now you know why the market has been going up all this time <g>. >>

Called the bottom on March 13, 2003 as you well know you miserable lying
bastard.

[jiesen]

for some reason you guys remind me of Locke and Demosthenes.

<sound of munching popcorn>

[Envark]

for some reason you guys remind me of Locke and Demosthenes.

<sound of munching popcorn>

Oh...Ender's Game reference.

[billyjoe]

Jiesen,
Someone told me that if I had put all my assets into pennies when they were still mostly copper I'd be beating the stock market , however, my house probably would cave in.

billyjoe

[scifos]

Oh...Ender's Game reference.

That is one of my favorite books.

[NY4Ever]

"If a man does not keep pace with his companions, perhaps it is because he
hears a different drummer. Let him step to the music which he hears, however measured or far away." Henry David Thoreau

[NY4Ever]

End of month window dressing providing great selling opportunity.