David White
David White
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David White
CNBC pundits predicting a big bull market coming. Maybe with high inflation, but we're still in the DEFLATION mode near term. - View all 0 replies
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David White
GS's Kosting put out his 1275 target on the S&P500 before much of the bad recent news came out. Target may need to be lowered. - View all 3 replies
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David White
GS' Kostin's 1275 target on the S&P500 is not a one day thing. It is the value he expects the market to fluctuate around in the near term. - View all 1 replies
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TruffelPig: 1280 is a critical pivot point - was even on Mad Money a while ago
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David White
People knew FB was available on the second market if for no other reason than FB is a social media stock. IPO was always a loser. - View all 0 replies
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David White
Many people miscalculated on FB. Reason is simply that FB had been trading for years before the IPO. Demand much less than some expected. - View all 2 replies
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David White
If Spain and Italy experience a significant haircut/bailout, can China really be far behind? Lots of loan problems, esp. if economy slows. - View all 2 replies
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jdub2788: Stimulus, stimulus, stimulus. inflation is going to be a huge topic going forward. -
TruffelPig: Yep, china will print. They devalue their own currency now for years.
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David White
If Spain needs a bailout or a haircut, Italy is almost sure to go the same way. This market is teetering on the brink. It's not healthy. - View all 3 replies
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David White: That is a point, but I am not sure the ECB etc. have even decided how they will approach this quickly worsening situation. -
jdub2788: Been in this game long enough, the harder the fall, the harder the fight via printing. its gonna be interesting and historic.
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David White
Spain is getting closer to going the way of Greece, Portugal, & Ireland. This is the DISASTER scenario of 2 yrs ago. DISASTER now too. - View all 0 replies
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David White
Greece is getting closer to pulling out of the Euro -- a possible disaster -- contagion -- scenario. - View all 0 replies
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David White
Some thinking the S&P500 is going right back up. Maybe, but GS' Chief Forecaster, Kostin, has a 1275 near term target. - View all 1 replies
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David White
I recommended shorting PCX (and perhaps coal in general) at the beginning of the year. Coal stocks have been clobbered. - View all 4 replies
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David White: Good humor guys. I was just getting a bit sensitive. Most of my recommendations this year have been good ones, esp. the shorter term ones. -
David White: For the longer term ones, you cannot say yet. I was just feeling a little wronged, since the advice was overall good.
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David White
I also recommended that people sell many oil stocks earlier in the year as a slowing economy would tend to depress oil. Thesis is working. - View all 0 replies
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David White
Before that I was recommending many dividend plays as long term investments. I still believe most of those will work. - View all 0 replies
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David White
Some are attacking my record, but my short author rating says I have been shorting lately. Most of those have worked. - View all 0 replies
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David White
If you are good in the money management business, people will want you even if your name is Bruno. - View all 0 replies
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David White
Adam Smith said a man will be most successful if he pursues his own enlightened self-interest. Still true today. - View all 1 replies
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David White
Currently I am one of the top rated short authors, but I wasn't in Jan. and Feb. I think that says I am adapting to the market. Good. No? - View all 0 replies
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David White
People have given me a lot of flak about being so negative lately. I saw only opportunities to make money. Were short opportunities lately. - View all 0 replies
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David White
If Spanish Banking crashes, DB, which you can buy put options on, may be a way to play it. DB has big exposure to PIIGS. - View all 4 replies
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David White
Cramer on CNBC is bringing back the fear of a Spanish banking crash. Wondering what Monday will bring. - View all 9 replies
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David White: they can sun it up again further. They make more money this way. I confess I actually agreed with Kostin when he made his call at SPY > 1400 -
TruffelPig: @David: ty for the honest answer. I agree 100% with you. For me the pivot point is around 1280.
