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Bulls Smell Nothing Bad Yet


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#46 Charmin

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Posted 31 July 2009 - 01:00 AM

I see he is showing the dow in a megaphone.


yeah, but I want to see a divergence from the "green shoots" which I labeled show up as something less enthusiastic very soon.
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#47 Jimbo

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Posted 31 July 2009 - 09:40 AM

INVEST AND FORGET

From 31 July 1930


"Axton Fisher, manufacturer of mentholated cigarettes under "Spud" brand, reports first half sales up 25%, earnings up 60%; stock yielding over 7%."

Yep just invest in tobacco stocks and forget everything else.

Now Axton Fisher were eventually taken over by the big MO

And in 2009 what is the dividend yeild of MO

7%!!!!!!!!!!!!

Its good to see that some things never change.
timoleon

#48 Jimbo

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Posted 31 July 2009 - 12:22 PM

DESTROYING THE CONSUMPTIONIST ECONOMY

Until america beats its bad credit habit and wins back all those manufacturing jobs it gave away to china, and stops the government borrowing binge- which is just delaying the inevitable adjustments - there is going to be no real recovery.
timoleon





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