Comments on: What Does A Depression Look Like? http://donklephant.com/2009/03/11/what-does-a-depression-look-like/ Big Teeth. Huge Ass. Surprisingly Reasonable. Tue, 14 Feb 2012 14:03:13 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: TerenceC http://donklephant.com/2009/03/11/what-does-a-depression-look-like/comment-page-1/#comment-437636 TerenceC Wed, 11 Mar 2009 23:59:28 +0000 http://donklephant.com/?p=13932#comment-437636 It may get worse - but not much. Rremember, a great deal of this crisis was caused by lack of regulation and over sight in many areas of the financial sector - that's getting alot of attention currently. In addition, the short selling rules (lack of them actually) allowed for a vast conspiracy of value neutral traders to take companies down if they could get away with it - and they did. Recently the SEC has begun to flirt with the re-implementation of the "uptik rule" - if this is done we will see a leveling of the markets (as opposed to the up and down and down again gyrations) like we haven't seen in years. Don't buy anything right now unless you like CHUBB, Schlumberger, Gold of course, and the Yen is looking particularly interesting with all the other world currencies lowering their interest rates (the Japanese central bank has been at or near 0 for some time so the Yen won't lose value in the coming years as other currencies will). It may get worse – but not much. Rremember, a great deal of this crisis was caused by lack of regulation and over sight in many areas of the financial sector – that’s getting alot of attention currently. In addition, the short selling rules (lack of them actually) allowed for a vast conspiracy of value neutral traders to take companies down if they could get away with it – and they did. Recently the SEC has begun to flirt with the re-implementation of the “uptik rule” – if this is done we will see a leveling of the markets (as opposed to the up and down and down again gyrations) like we haven’t seen in years. Don’t buy anything right now unless you like CHUBB, Schlumberger, Gold of course, and the Yen is looking particularly interesting with all the other world currencies lowering their interest rates (the Japanese central bank has been at or near 0 for some time so the Yen won’t lose value in the coming years as other currencies will).

]]> By: Donklephant » Blog Archive » Historic Bear Markets Vs. Current S&P Nose Dive http://donklephant.com/2009/03/11/what-does-a-depression-look-like/comment-page-1/#comment-437597 Donklephant » Blog Archive » Historic Bear Markets Vs. Current S&P Nose Dive Wed, 11 Mar 2009 15:01:23 +0000 http://donklephant.com/?p=13932#comment-437597 [...] « What Does A Depression Look Like? [...] [...] « What Does A Depression Look Like? [...]

]]> By: Snoop-Diggity-DANG-Dawg http://donklephant.com/2009/03/11/what-does-a-depression-look-like/comment-page-1/#comment-437594 Snoop-Diggity-DANG-Dawg Wed, 11 Mar 2009 14:24:10 +0000 http://donklephant.com/?p=13932#comment-437594 Well, whatever the cause of this little 'downturn', Alan Greenspan says he had <strong>nothing to do with it</strong>. Why? Because he <em>said</em> so, you silly goose! http://online.wsj.com/article/SB123672965066989281.html Well, whatever the cause of this little ‘downturn’, Alan Greenspan says he had nothing to do with it.

Why? Because he said so, you silly goose!
http://online.wsj.com/article/SB123672965066989281.html

]]>