Comments on: The prevailing trend is up. Ignore the pundits, talking heads, columnists, analysts, blah blah blah

By: WHC Bassetti

WHC Bassetti — Tue, 24 Nov 2009 19:09:43 +0000

Of course we have our economic analyses — but more and more we feel that these analyses are absolutely superfluous to effective trading and investing. All you need is the 9th edition and disciplined application of Pragmatic Portfolio Theory. No reader of this letter should ever be caught flat footed by a falling market.

By: alain

alain — Tue, 10 Nov 2009 17:22:07 +0000

yes looks like we are close to where depression will hit seriously and most countries are in deflation not inflation with all the central bank loans out to banks. Exceptions are Australia, most of South America. They will be hit once commodity prices start a serious decline.

By: HGQANDQRES@aol.com

HGQANDQRES@aol.com — Mon, 09 Nov 2009 23:01:33 +0000

From a fundemental point of view, here is why the stock uptrend will continue for a while, in spite of all the bad news about the economy in general: Inflation, which will come, is seen to help the market because it will increase the value (in dollars) of all assets, especially the worth of companies’ shares. Also, companies now find they can do without those excess workers they fired and thereby build in some additional current profits. Of course, this artificial increase can’t last forever because ultimately inflation will hurt these companies when people can’t afford to buy their products, and then the market will decline again. But for now, the prospect of inflation is bullish. Gold, on the other hand, will continue to go up, until a serious depression hits.