Ghost of Igloi wrote:
Several times, not going to play that game. Answer me first, or pipe it.
Thanks for admitting that you made it up.
Ghost of Igloi wrote:
Several times, not going to play that game. Answer me first, or pipe it.
Thanks for admitting that you made it up.
Ghost of Igloi wrote:
Cash is King.
Thanks for wishing me well. The same to you.
Oh, Snap!
Mellon,
Taken out of context as usual. How about the entire quote?
But you don’t have enough class to do that.
Igy
Oh, snap! wrote:
Oh, Snap!
And naturally add the childish oh Snap crap.
Igy,
You are a glutton for punishment. Try to take some pride in yourself.
A. Friend
Up yours.
Igy wrote:
Up yours.
Classy as usual.
G. C. G. W. wrote:
Igy wrote:
Up yours.
Classy as usual.
Ghost of Igloi wrote:
Mellon,
Taken out of context as usual. How about the entire quote?
But you don’t have enough class to do that.
Igy
That is the entire quote!
Page 232 - 3/6/2015
Blind, Stupid, Muppet, and now classless
Mellon
Oh, Snap!
Mellon, DD, POTO, et al: The context of what you quoted on the following page, and you know it.
Ghost of Igloi wrote:
The risk in the stock market is under appreciated. QE has distorted equity prices and the next big move is down rather than up. The Schiller PE is 27 and valuations are stretched when measured against other valuation models. Remember, the stock market has had two 50% down markets in the past fifteen years. The fifteen year average compounded return on the S&P is only 4.3%, which is inferior to treasuries. Treasuries are overvalued as well. Cash is the superior asset class when risk returns to the market.
You have been called out on this before. So once again you are exposed as a liar.
Igy
Oh, snap! wrote:
Oh, Snap!
And again your junior high school add on....
Oh Muppet!
Ghost of Igloi wrote:
Mellon, DD, POTO, et al:
The context of what you quoted on the following page, and you know it.
Ghost of Igloi wrote:
The risk in the stock market is under appreciated. QE has distorted equity prices and the next big move is down rather than up. The Schiller PE is 27 and valuations are stretched when measured against other valuation models. Remember, the stock market has had two 50% down markets in the past fifteen years. The fifteen year average compounded return on the S&P is only 4.3%, which is inferior to treasuries. Treasuries are overvalued as well. Cash is the superior asset class when risk returns to the market.
You have been called out on this before. So once again you are exposed as a liar.
Igy
Why are you embarrassing yourself
It was the entire quote. You should have looked before you call someone a liar. Middle of the page (232) in reply to -Pointing out the Obvious.
Ghost of Igloi wrote:
Mellon, DD, POTO, et al:
The context of what you quoted on the following page, and you know it.
Ghost of Igloi wrote:
The risk in the stock market is under appreciated. QE has distorted equity prices and the next big move is down rather than up. The Schiller PE is 27 and valuations are stretched when measured against other valuation models. Remember, the stock market has had two 50% down markets in the past fifteen years. The fifteen year average compounded return on the S&P is only 4.3%, which is inferior to treasuries. Treasuries are overvalued as well. Cash is the superior asset class when risk returns to the market.
You have been called out on this before. So once again you are exposed as a liar.
Igy
mellon wrote:
Ghost of Igloi wrote:
Mellon, DD, POTO, et al:
The context of what you quoted on the following page, and you know it.
You have been called out on this before. So once again you are exposed as a liar.
Igy
Why are you embarrassing yourself
It was the entire quote. You should have looked before you call someone a liar. Middle of the page (232) in reply to -Pointing out the Obvious.
Correct.
Here is from the same page, which you chose to ignore the context, that cash is the preferred asset class in a Bear Market:
Ghost of Igloi wrote:
My view is that domestic equity prices are stretched based on several valuation methodologies that have proven accurate over time. The Federal Reserve balance sheet has grown from $900 billion to $4.4 Trillion since the recent financial crisis. The net result of this unprecedented stimulus is to drive equity prices to record highs. The CNBC cheerleaders say the Fed "has your back." Now that the Fed appears to be moving to a rate hike the same CNBC cheerleaders cry "the economy is improving." Well, in my opinion you can't have it both ways. There is plenty of evidence that the distortions are plenty. Look at the retirees that are forced from CDs and money market into dividend paying stocks. Think of the risk they have undertaken, and at their age. It really is shamefull. Anyhow, it really doesn't matter what I think. In the end, at the point people prefer cash to equities, and that period goes for more than a few days, well at that point, the game is over. Stocks are no more than an investment that should generate cash flow. No different than buying rental property, you pay too much, the return is simply not there. For example paying 30 to 40 times last year's earnings for a cereal makers or a burrito restaurant makes no sense. I have been at thislong enough to smell a rat.
This is generally is a view I still hold. But you don’t want to do anything but distort. That is what you do.
Fact checker wrote:
mellon wrote:
Why are you embarrassing yourself
It was the entire quote. You should have looked before you call someone a liar. Middle of the page (232) in reply to -Pointing out the Obvious.
Correct.
Not correct, everything that comes thru your handle most often is distorted B.S. that supports your slanted view of the world.
You asked him for a quote. He gave it to you. End of story.
Fact checker wrote:
You asked him for a quote. He gave it to you. End of story.
No you are as fake as he is. Someone like you can only be a piece of work.
End of story loser.