tag:blogger.com,1999:blog-6616959642391988608.post9113077083211981209..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Equities are not overvaluedScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-53830457607721592382011-07-06T13:08:02.922-07:002011-07-06T13:08:02.922-07:00Benjie states:
"That's it. That's th...Benjie states:<br /><br /><i>"That's it. That's the top.<br /><br />Remember I called it. Gold at $1,500 is the top.<br /><br />It's official."</i><br /><br />Benjie, gold is now at $1529 -- leave some wiggle room when calling a top or bottom; ie., "topping out" or "bottoming out" and not a hard call.Buddy R Pacificohttps://www.blogger.com/profile/12737107556268024013noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-24450877383159819822011-07-06T07:41:08.706-07:002011-07-06T07:41:08.706-07:00Ben - not a bad thought on gold!Ben - not a bad thought on gold!TradingStrategyLetter - Weekly Summaryhttps://www.blogger.com/profile/06430136667577107255noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14564656133961636462011-07-06T07:38:36.393-07:002011-07-06T07:38:36.393-07:00Re Arends' article. His breathless litany of w...Re Arends' article. His breathless litany of woes doesn't impress me. His logic and facts are often faulty, and he is not analyzing things on the margin. Dividend yields are not the best measure of equity valuation—earnings are, and by that measure valuations are at least decent. Indeed, it's quite likely that with record corporate profits we will be seeing increased dividend payouts Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59303608579738012402011-07-06T07:07:43.342-07:002011-07-06T07:07:43.342-07:00Scott,
I come to your blog to be encouraged in th...Scott,<br /><br />I come to your blog to be encouraged in the face of contrary opinions like the following article from Brett Arends: <a href="http://www.marketwatch.com/story/the-next-worse-financial-crisis-2011-07-06?link=MW_story_popular" rel="nofollow">Article link</a><br /><br />However, given the pummeling we have taken in the last 3.5 years, myself included, and some of what seem to be Davidhttps://www.blogger.com/profile/02720883204795084701noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-46924821547152226212011-07-05T16:23:18.473-07:002011-07-05T16:23:18.473-07:00OT, but I want credit.
I say gold prices have top...OT, but I want credit.<br /><br />I say gold prices have topped out. Why?<br /><br />This little blurb:<br /><br />"Gold Max, a chain of cash-for-gold stores, plans to open 100 stores ranging in size from 700 to 4,000 SF in SoCal within the next year. Tustin-based Present Value Properties is the company’s exclusive broker for California."<br /><br />That's it. That's the top.<brBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20526630816487875562011-07-05T14:59:23.837-07:002011-07-05T14:59:23.837-07:00you should stick to economics and politics, or put...you should stick to economics and politics, or put your money where your mouth is and start managing money professionally.septizoniomhttps://www.blogger.com/profile/14253705209662419429noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-77910230822032615632011-07-05T13:23:14.922-07:002011-07-05T13:23:14.922-07:00It is nice to see an 'economist' with a po...It is nice to see an 'economist' with a point of view. Especially one who makes a call and takes a position. I could care less if he is always right or wrong! He is worth the price of admission.TradingStrategyLetter - Weekly Summaryhttps://www.blogger.com/profile/06430136667577107255noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-46802501826148077672011-07-05T13:17:40.282-07:002011-07-05T13:17:40.282-07:00Trading Strategy,
Last year in late August, at pr...Trading Strategy,<br /><br />Last year in late August, at probably the lowest point of a brutal 17% market correction that had begun in late April, Scott made a post called '20 Bullish Charts'. Its in the archive so you may look it up if you wish. The market almost immediately began an advance that was to carry it much higher through yearend and beyond. <br /><br />Some who comment here Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17816646279103709442011-07-05T12:23:16.624-07:002011-07-05T12:23:16.624-07:00You have been pushing the theme and a steadfast bu...You have been pushing the theme and a steadfast bull. Should this market register new recovery highs you will look very clever indeed. Very impressive job!TradingStrategyLetter - Weekly Summaryhttps://www.blogger.com/profile/06430136667577107255noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70442955389146947612011-07-05T11:59:43.843-07:002011-07-05T11:59:43.843-07:00Long time ago, people bought stocks for the yields...Long time ago, people bought stocks for the yields (dividends). Then, for the last several decades, it has been about capital gains. <br /><br />Maybe it is going back to dividends (wisely, I say). That might mean some of the froth is off the market. But solid gains can still be had.<br /><br />BTW, the WSJ says look for 13 percent increase in earnings. <br /><br />"Combined earnings of Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32221604253759668502011-07-05T11:33:11.634-07:002011-07-05T11:33:11.634-07:00Great post!
The equity markets should offer some ...Great post!<br /><br />The equity markets should offer some pretty decent returns over the next few years (5 and possibly more), and you get all this with a considerable margin of safety (which I rarely witnessed over the 15 years of my investing career)Patrick T.https://www.blogger.com/profile/15309598877081827225noreply@blogger.com