tag:blogger.com,1999:blog-6616959642391988608.post3294496975398059288..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Fear has been overcome, but confidence is still lackingScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-32755287386797916022012-03-14T00:49:30.541-07:002012-03-14T00:49:30.541-07:00At 1395 the S&P trades at 1.32 times sales.......At 1395 the S&P trades at 1.32 times sales....last years high was 1.35...<br />say sales per share ends the year at 1100.1100 x 1.35 = 1485. <br /><br /> P.S. 1.35 is a modest target historicallybroderohttps://www.blogger.com/profile/17510948491117506660noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32736568921179251682012-03-13T20:14:11.150-07:002012-03-13T20:14:11.150-07:00Still no comments today are positive about the ris...Still no comments today are positive about the rising stock markets; just as little money is being invested in stock mutual funds. The pessimism lives on.<br /><br />Personally, I ALWAYS prefer to be with the minority which at this point means being positive about the future of the economy and equities.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81531622799507139392012-03-13T14:40:28.175-07:002012-03-13T14:40:28.175-07:00Scott,
Here is where i think you and I diverge on...Scott,<br /><br />Here is where i think you and I diverge on the Fed and money supply. Not that it matters as such but I find the below paragraphs enlightening. Maybe Benji will eventually see the light too. <br /><br />Ironically, Volcker was seen as an 'inflation fighter' when in reality it was the same Fed who created the inflation via money printing in the first place!<br /><br />&Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76270564748604211862012-03-13T14:39:36.344-07:002012-03-13T14:39:36.344-07:00This comment has been removed by the author.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-72199478702085387802012-03-13T13:28:54.388-07:002012-03-13T13:28:54.388-07:00If anything, the last chart is a scary signal of d...If anything, the last chart is a scary signal of debacles to come. Especially considering the last 4 years of global markets were dominated by central bank intervention on a planetary scale. <br /><br />The Greenspan/Bernanke puts are going to send this place up in smoke once and for all.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-73898512743885271282012-03-13T13:23:14.591-07:002012-03-13T13:23:14.591-07:00The ^vix dropped below 15 today. When the ^vix ro...The ^vix dropped below 15 today. When the ^vix rose above 40, I bought a large block of stock funds. I sold half when the ^vix reached 20, and the second half at todas close. I'l buy again when panic returns.Junkyard_hawg1985https://www.blogger.com/profile/18114117558513498514noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42449444451189314852012-03-13T12:13:43.669-07:002012-03-13T12:13:43.669-07:00The Vix index is now down to 15, which is relative...<i> The Vix index is now down to 15, which is relatively low. It was as low as 11.2 in March 2007, before we knew that the housing market was unraveling. During "good times," the Vix likes to be a in a 10-15 range. <b> So based on the today's Vix level, we can assume that the market has largely gotten over the fear </b> that the Eurozone sovereign debt crisis would plunge the world elegantstrokehttps://www.blogger.com/profile/03516602011273896993noreply@blogger.com