sahtt

You seem to be confusing inflation with the devaluing of the dollar. Not the same thing. We are still experiencing deflation in certain parts of the market. I think the overall point you are trying to make is accurate though; if the dollar "falls" 10%, the stock market does not "gain" 10% in the process in real terms, it's just adjusting to the currency it's denominated in.

Remember this, Whitney is not a trader. She doesn't even have money in the market, she's just a macroeconomic adviser. I'm not discrediting her in any way, it's just important to realize that distinction. Knowing an event is going to happen is at most 33% of the investing process, another 33% is figuring out when within a reasonable/manageable margin of error, and 33% is figuring out how to effectively and efficiently use the right securities to implement your thesis. Many people saw the housing crash coming and the collapse of various institutions, maybe 1-2% of them made significant money off of it.

The market over the long term is based on two things only-the firms' earnings that compose the market and how many dollars per share of earnings people are willing to pay (P/E ratio). In the short term, anything can happen.

Cyberous

You guys are both very smart (or you wouldn't be here ) and will probably make money. However at this point I'm stepping to the side.

I still have 30% of my trading funds invested in dividend stocks and my small amount of FIG 1700 but at this point I'm just not ready for the risk/reward. I don't want to give back my gains from the March to Sept trades.

I might grab a few more shares here and there if we get some dips (seem to happen at month end.) Will re-evaluate depending on policy/news. I can't make any more in short term because the tax is killing me.

Don

trainwreck

my question is, does anybody have any foreign (primarily) corporations that are low risk and offer a decent dividend? maybe like a jnj, mo, hnz equivalent that is euro or asian or even south american?

sahtt

Just look in Canada. No reason to look elsewhere for the time being.

dammitjim

subscribing

aklucsarits

PM - Yes, I know it's technically a US company, but it's the non-US businesses of Philip Morris that were spun off about 2 yrs ago.

GSK - British pharma co with global footprint. Huge vaccines business. Strong oncology pipeline.

BCS - The only remaining British bank that refused Govt. money. Global banking footprint. Absolutely STOLE the good parts of Lehmann Bros in exchange for a ham sandwich, a Pepsi, and a pocket full of lint. (Not much of a dividend at the moment though.)

Andrew

AZDavid

Dubai bubble about to pop?

Woke up to Dow futures down 180.

AZDavid

WTF, NYSE invoked Rule 48 today!

"Rule 48 provides the Exchange with the ability to suspend the requirement to disseminate price indications and obtain Floor Official approval prior to the opening when extremely high market-wide volatility could cause Floor-wide delays in opening of securities on the Exchange."

http://traderupdates.nyse.com/2007/12/1st_...le_48_1212.html

They must be expecting some extreme volitility ahead.

cthree

My gut tells me there is a pothole in the road to recovery and we should just be about ready to hit it.

Market price doesn't reflect business reality anymore. Could a reality check be in order?

ExOdy

i'm banking on it to happen jan 2nd.