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Bye, Bye, Bear Stearns?

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Mar 19, 2008 2:32 pm

Pratoman - I don’t have the flexibility that you have in your program. I sure wish I did, though. I’m building a long term business through fee-based & UIT’s & expect I’ll hire an associate next year to take more responsibility for day-to-day on commission products and smaller relationships so I can prospect business owners more like a wirehouse broker does. I’ll also be eligible for a full time assistant in 2009. Until then I’ll continue to slog away at it…

Very interesting re the debt. BondGuy, what do you know about that?

  Ah, what I've been saying all along  "Just buy bonds!"   Usually the case when you can drive a freight train through the spread.
Mar 20, 2008 9:16 pm

[quote=Ashland] Or a relief rally… I’m more concerned this week than I was last week & am going to postpone my next move into stocks w/ clients. I don’t see this lowering mortgage rates & it’s near impossible to qualify for a new loan right now. I don’t think we’re going to see the necessary reductions in housing inventories this summer & may have lower prices that will push back sales further. Not turning bearish… just think we’re in a trading range & think 12,000 may be in the middle of that range.


I hope you used this post as an indicator that we had hit bottom!

Mar 20, 2008 9:31 pm


Hit bottom??? No doubt!!! Which means we most likely have not!!!???%$# What a perverse business this must seem like to the general public laymen.!
Mar 20, 2008 9:37 pm