Monthly Archives: October 2008

The virtue of discipline and cash

Times are pretty desperate. Investor sentiment is very low. Consumer sentiment and spending have fallen off a cliff. The VIX “Volatility Index” investor fear gauge spiked to 70 Friday. This same indicator was below 10 for much of 2005 to … Continue reading

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Bear market bounce or the next bull starting?

The question I have been asked most in the past 24 hours, is whether the global market rally of the last 2 days is the start of the next global bull market or just another opportunity to sell equities into … Continue reading

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"No use" commentary in vast supply

The credit mess building was clear and present danger for the past several years. Any advisors or experts who did not see and prepare for its coming should be avoided now. Most financial experts and media are paid to sell … Continue reading

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