Bottom line............

After all this, can anyone show me some stocks that are a great investment? A screaming buy? True, some of the financial stocks could be in this category, but I would not call Russian Roulette investing. I contend that there are still very few solid investments in stocks even though many persuade themselves to the contrary. Mutual Funds and ETF's are dead money at these levels. Value just isn't there. It hasn'r been there for a very long time. Liquidity was the driving force pushing p/e levels beyond historical levels for decades. What makes a solid investment? A 10% return on your investment? A p/e of 15 lets say on the market as a whole means it would take 15 years at current earnings levels to get my money back or double my money. Is that great? Not in my opinion. I agree there are variables but the market currently is not worth the risk. Dead money at best for a long time to come. The liquidity issue has now drastically changed for the worse, eliminating one powerful tail wind. But of course, the market may still go higher in spite of the facts, ignoring reality. Ignorance is bliss sometimes. But can it last forever? So again I ask you, if we can bring this down to individual issues, Can you name me a few stocks that are great buy right here and now? Of course the market would need more than a few stocks to be great buys to have a meaningful bottom or rally. But I see very few stocks worthy of such status. How about you? Let's get real people.

fwiw, this guy has written a TA book, and has written some about MCIO (over the counter) in recent mos. And seemed to accurately describe what to do at $4 a while ago

http://www.undergroundtrader.com/jay/

excerpt -

MCIO Long (long term): MCIO has been chopping in the .60 x 1 range for the past 2 weeks. This one looks to be setting up for a volume move to the upside. A close above the daily 5 at 1.06 this week should coil the weekly stochastics back up for another run at the 1.90 x 2 resistance levels. This one is a high risk speculative play, all my notes and thoughts are here http://www.themoneyb...rgroundtrading/
My target still remains in the $10-12 range

his 4/29 post gives some fundy details -

http://www.themoneyb...on-players.html

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it has traded only 130 shares today, so understand it is NOT a liquid issue in relative or absolute terms.

Edited by hiker, 26 August 2008 - 11:25 AM.

One may find high yielding(5-15%) uptrend stocks/etfs/cefs for a total return(10%+)

http://www.themoneyb...on-players.html

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it has traded only 130 shares today, so understand it is NOT a liquid issue in relative or absolute terms.

Would you put 20% of your money in this penny stock? Not me. 5%? 1%?

This is exactly what I mean. Folks are trading crap they have no idea what its worth. Just going long and short according to the chart. Pattern recognition. Not only will these folks find out the Emperor has no clothes but that the Emperor is a Transvestite.

from now on, we know you have nothing to learn from the ideas of others. you know everything that is important to know why ask about ideas, if you know everything? you have purposely wasted my time...I fell for the ruse that you desired conversation.

Edited by hiker, 26 August 2008 - 02:12 PM.

You did the same post a few days ago. I recommended NRO and gave reasons. You had no response. You gave no acknowlegement. Perhaps it was just as well.

from now on, we know you have nothing to learn from the ideas of others.

you know everything that is important to know

why ask about ideas, if you know everything?

you have purposely wasted my time...I fell for the ruse that you desired conversation.

Cmon be serious. You offer mcio as a Great Investment idea? As you said yourself its pure speculation. What more can I say. Good luck with your gamble.

I smell more contempt. 1st it was the market in general, now you take a micro view and lay some hate on individual stocks. Why don't you just buy T-Bills and find a good health and leisure message board to post on? You must have really lost a lot of money to carry around a chip on your shoulder this big. U.F.O.

You did the same post a few days ago. I recommended NRO and gave reasons. You had no response. You gave no acknowlegement. Perhaps it was just as well.

Ok Mil. You like that yield? I think you might be better off buying your own property. I think that market is going to get hit alot harder yet. Perhaps you think its been dicounted? I think its dead money for at least 5 years.