tag:blogger.com,1999:blog-4863014635257598503.post9165605913472859509..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: Fun Fact Of The DayTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-4863014635257598503.post-21687115646494347832009-04-07T08:06:00.000-04:002009-04-07T08:06:00.000-04:00Nice points, thanks! The technicals have been con...Nice points, thanks! The technicals have been continuing to look concerning to me so this shows somes reason why.Arielhttps://www.blogger.com/profile/18245045336173189128noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-11813430714579174922009-04-07T06:08:00.000-04:002009-04-07T06:08:00.000-04:00Do I understand correctly that you say the SPX P/E...Do I understand correctly that you say the SPX P/E is 100x? Looks more around 12x to me. Where did you get this number?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-27767286511823684472009-04-06T15:05:00.000-04:002009-04-06T15:05:00.000-04:00@ anonymous 12:53you forgot that cramer also calle...@ anonymous 12:53<BR/><BR/>you forgot that cramer also called the bottom in financials.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-16405713159847831012009-04-06T12:55:00.000-04:002009-04-06T12:55:00.000-04:00not trillions: gillions... nay, bazillions!not trillions: gillions... nay, bazillions!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-61015927398005025782009-04-06T12:53:00.000-04:002009-04-06T12:53:00.000-04:00mayo/whittney moves are signals of the bottom in f...mayo/whittney moves are signals of the bottom in financials. their brands are dependent upon being bearish. they sold their brands at the top of the bear sentiment bubble. nobody's listenting to them anymore. they are listening to the rumble of the trillions of $ in cash and treasuries just itching to be redeployed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-37426470302874161582009-04-06T12:24:00.000-04:002009-04-06T12:24:00.000-04:00Hmmm, someone on the Mayo call reads ZH- just hear...Hmmm, someone on the Mayo call reads ZH- just heard the Dupont breakdown argument on the call.Yossariannoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-8857550109030077142009-04-06T10:36:00.000-04:002009-04-06T10:36:00.000-04:00Think about your Dupont analysis: raw material inf...Think about your Dupont analysis: raw material inflation into a deleveraging world in which your customers are distressed means higher costs and lower revenues, or lower profit margins. Lower sales also means lower asset turn so that component is also pointing to lower ROE. Finally you have less leverage and higher taxes which further undermines ROE. And lower ROE combines with less investment means less growth and a lower P/E ratio to go with the lower E.Yossariannoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-8920177466394051362009-04-06T10:20:00.000-04:002009-04-06T10:20:00.000-04:00Also, this makes a good argument to trade a range ...Also, this makes a good argument to trade a range bound market as we know they won't let it decline beyond a certain point and the upside has been reached so they need to modify a time delta.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-79989118836704554312009-04-06T10:14:00.000-04:002009-04-06T10:14:00.000-04:00~Don't blame it on the Rally Monkey!~<BR/><BR/>Don't blame it on the Rally Monkey!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-91308564350180808742009-04-06T10:09:00.000-04:002009-04-06T10:09:00.000-04:00And invest in what instead? Treasuries? Cash? What...And invest in what instead? Treasuries? Cash? What's your alternative? Even if S&P earnings were $50 on a forward basis the S&P at 1,000 (5% earnings yield) if much better than treasuries yielding nothing if you have a long enough time horizon. There's no law that says the market needs to be priced to yield 10%.<BR/><BR/>---------<BR/><BR/>Loans the FDIC is selling for 50 cents, give or take.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-52353034947653452862009-04-06T10:08:00.000-04:002009-04-06T10:08:00.000-04:00http://en.wikipedia.org/wiki/Greater_fool_theoryhttp://en.wikipedia.org/wiki/Greater_fool_theoryTyler Durdenhttps://www.blogger.com/profile/00165439451205639523noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-13618383561203368782009-04-06T10:02:00.000-04:002009-04-06T10:02:00.000-04:00And invest in what instead? Treasuries? Cash? What...And invest in what instead? Treasuries? Cash? What's your alternative? Even if S&P earnings were $50 on a forward basis the S&P at 1,000 (5% earnings yield) if much better than treasuries yielding nothing if you have a long enough time horizon. There's no law that says the market needs to be priced to yield 10%.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-20707601189819604572009-04-06T09:57:00.001-04:002009-04-06T09:57:00.001-04:00david rosenbergdavid rosenbergTyler Durdenhttps://www.blogger.com/profile/00165439451205639523noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-14093330107200115622009-04-06T09:57:00.000-04:002009-04-06T09:57:00.000-04:00if it is off? lolif it is off? lolSnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-86735351514907813772009-04-06T09:56:00.000-04:002009-04-06T09:56:00.000-04:00Tyler, where do you find the trailing earnings mul...Tyler, where do you find the trailing earnings multiple ?Anonymousnoreply@blogger.com