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May 5, 2009 1:08 pm

I was also serious about A-Rod.  He’s too much drama, and too much of a distraction in New York.  He needs a fresh start in a new town.

May 5, 2009 8:13 pm
Soothsayer:

I was also serious about A-Rod.  He’s too much drama, and too much of a distraction in New York.  He needs a fresh start in a new town.

  Maybe he just needs another 'shot in the arm' - pun intended
May 6, 2009 4:04 am

I think it’s a decent analysis.  As far as the market goes it will probably turn down again and then back up.  Who cares what the next 12 months hold because assets are on sale at deep discount prices.  Buy low, hold on and reap the rewards!

May 9, 2009 11:21 pm

And suddenly, the Dodgers are in need of a right-handed stick in the 4 hole.  Hmmmmmm…

May 16, 2009 12:39 pm
Mutual fund companies will have fallout. M & A between a few mid-size companies  will happen. Consumers will stop contributing to their retirement accounts  because  a) of the severe loss that they have already taken b) these cash-strapped consumers need money for daily expenses. 2) Jobless rate will hit 11%. 3) Consumers will "give up" because it is now socially acceptable to say : " I received a bad loan from a bank" or " I can't pay my credit card that I maxed out". 4) Advisors who sell DOOM AND GLOOM will make a lot of money this year. Sell the 35% fed. tax bracket client the muni. Tell them that they will be laughing all the way to the bank if their tax bracket is changed to 39% because their tax-equiv. yield just increased. 5) This year rates will be flat, but we HAVE to go through a period of higher rates. A treasury auction may fail in a few years which will signal a rate increase.      
May 16, 2009 2:55 pm

Advisors who sell Doom and Gloom this year may look smart in the short term. Advisors who are building their business on short term market predictions will look like goons in the future.

May 17, 2009 4:39 am

I don’t disagree with you, but nearly every single big-time revenue producer at wirehouses ($1.5 million and up) that i’ve seen make their livings off selling whatever the current theme is. This year? Doom and Gloom and munis and “lighten up on your allocation”…even though it’s normally the wrong thing to do. I can hear many of my co-workers the past few years touting international, oil and gas, etc…



just a thought…





May 17, 2009 4:44 am

It is always easier to sell people what they want instead of what they need. In that scenario who is advising who ?

May 17, 2009 11:14 am

[quote=lady_trader]

4) Advisors who sell DOOM AND GLOOM will make a lot of money this year.
 
[/quote]

Good luck with that
May 17, 2009 3:14 pm

I agree Chazzy. You only look smart selling Doom and Gloom before sh*t hits the fan. After the fact doesn’t make much sense. That is what CNBC is for.

May 18, 2009 2:23 am

Peter Schiff saw it coming and nailed it.

May 18, 2009 5:29 pm

[quote=Soothsayer]

A Prediction Thread?  Now that's right up ol' Soothsayer's alley:

leads the Eagles to a Super Bowl victory.   [/quote]     Am I the only one here still laughing about this one???    
May 18, 2009 5:33 pm

Thats what I thought

May 18, 2009 5:41 pm

Maybe, but I find it funny to hear Eagles fans say that every year

May 19, 2009 1:51 am

For the record, I am not an Eagles fan.  Just think 2009 is their year. 

May 19, 2009 1:57 pm
Soothsayer:

For the record, I am not an Eagles fan.  Just think 2009 is their year. 

  please dont tell me you are a Cowboys fan
May 20, 2009 12:30 am

I am Cowboy fan, living and working in Eagle country, makes things interestig during footbal season.

May 20, 2009 2:26 am
Chazzy:

[quote=Soothsayer]For the record, I am not an Eagles fan.  Just think 2009 is their year. 

  please dont tell me you are a Cowboys fan[/quote]   Not by a longshot.  I still think Machlin was the steal of the draft.  We'll see. 
May 20, 2009 2:43 am

Maclin may end up being a good return man, but as a legit WR I have serious doubts. All he ran at Missouri were slip screens and reverses. Guys like him don't make it in the NFL as receivers (Peter Warrick, Desmond Howard, Raghib Ismail). I actually think DeSean Jackson isn't that good either. I wouldn't be surprised if his first year ends up being his best. // Although I may be unfairly judging the Eagles, I am still bitter they knocked out the Bears after the 2001 season !

May 20, 2009 3:23 am

Ugh, a Bears fan.  Let me tell you how your season is going to go.  Hand off to Forte, 1 yd gain.  Pass to Forte in the flat, 3 yd gain.  Pass to Olson, 5 yd gain.  Punt.  Rinse and repeat.  Occasional incomplete bomb to Hester thrown in.