We can certainly enumerate other marketing of the market expressions used to entrap investors:
"[If] you liked the A.B.C .Company at $20, you're gonna love it at $10." If experts are so good at calling each dip "your next buying opportunity," then why can't they call a top and tell you where to take profits? Query: Why do market mavens start every new suggestion with "I think ..." only changing later when wrong to "I thought ..." they then also change opinions with direction of wind/market for ego and suddenly a trade that has gone bad becomes a good hold - investment for the long term.
Whatever their next pretext, we know in advance the phoniness. Conversely, we post suggestions in advance with exhibits. SEE WEEKLY Chart page
We will discredit many more of their hollow, defective expressions and slogans as this web site evolves. But you probably have found yourselves questioning their interpretation of news. If they're selling based on certain news one day, how can they credit the same news with a market rally the next? Gurus, mavens, and TV anchors employ after-the-fact excuses, designed to churn and cost you more hard earned money as the slope of hope extends itself. This is known as creative destruction of your wealth.
Equally to be noted are false assurances from experts who profess to know what is best for you. They state: (a) cost averaging is best, (b) in the long term stocks outperform all other assets, (c) you should own only leading stocks [best in breed]. But those are the stocks that have either led lower or moved sharply sideways.... In conjunction with the false BRAVADO are the after-the-fact noble sounding commercials stating "investors need them (fined firms) more than ever." We submit (d) lost use of money is real loss of opportunity (e) and all those who can't see tops will not see bottoms
Wall Street is best at manufacturing excuses after the fact: Their suggestions that something is a good long term hold is open-ended and worthless, as MSFT, CSCO, INTC e.g Semis, among so many others have shown that after, 8 years of sideways inaction, most of those stocks are still headed nowhere fast. Even gold took 30-years just to revisit its old high. All of their suggestions are the real waste of opportunity when one could have used their cash better. Holding for long term as many an iconic company is now hitting 20 year lows ... Do you realize the DOW is down 9.4% for the month? In fact, the DOW is having the worst month since the Great Depression:
You all have heard [ad nauseam] you should "invest for the long-term.' But just look at gold; it finally came back to breakeven after nearly 30-years. High at $840 in ’78 and in '07 nearly $800. Query: Just how long will it be before YHOO gets back to its old $500 high or shareholders get their money back, if ever? Since the blowing up of the Dot.Cons, how many stocks have now been delisted? What about the Munder Net-Net mutual fund which then traded $118 and now is the perfect myth debunking vehicle for the Internet era?
PREMISE #3: "With friends like these, who needs enemies?" Those who claim to be your friends yet only bring wealth destruction should cause you to reflect on that old expression. Somehow with their supposed skills, they loved YHOO at $500 per share but hated GOOG at $90 following its IPO. Note, media is a party (co-conspirator) to all of the above for misdirecting viewers and adding to investors' financial destruction, functioning as Pied Pipers with hidden agendas. They no more know a true 'breakout' from a 'fakeout'. We hope, as an inducement, the above comments will not only compel you to read further but also to embrace the proposal we are willing to make.
In an association/union of our skills and your current holdings, we can remedy a solution that will do for you what investors have been in need of. We are not interested in selling books or feeding our egos, like so many others in the industry. We are not brokers and we will not recommend anything new other than what benefits or augments your current holdings.
We certainly know the mechanics/manipulations of these markets after 30 years as an original Hedge Fund Money Manager and outside consultant to Institutional Trading Desks. With an average of 74% YOY (Year Over Year) return, we are more than qualified to comment. We have earned a reputation for accuracy as market timers, and as a co-partner in the world's most expensive advisory, we have an outstanding record of accomplishment.
We emphasize, the public is equally guilty as brokers for not making certain distinctions, nor for not having a true appreciation of Risk: Reward; they trade risking $1 to make $1 and most when, wrong, would commence dollar-cost-averaging, aka another failed strategy. They would much rather hype something new to make a fresh commissions or a new chance, and put YOUR losses behind them, functioning with a casino-like mentality.
Perhaps most REGRETTABLE of all are misjudgments and a failure to appreciate the fiduciary responsibility between a client's trading account and their retirement or making the client feel that they will "make it back next time." We will further explain what happened to all those companies who claimed to be leaders in their sector and only led lower in price. We also intend to dispel falsehoods such as a few examples below that fall under creative destruction.
(1) That no one can time the market.
(2) That every dip is your buying opportunity.
(3) That the American Dream is through stocks and real estate, albeit brokers own few if any stocks these days.
(4) That there is Goodwill on Wall Street (providing they can write off losses) and substance in the new noble-sounding commercials of brokerage firms who claim to want to help you in earnest this time around.
In fact, the only truism is that, via our services and assistance, hopelessness can change back to hope. We wish to form an alliance with you so as to have you finally do proper cost averaging of WHAT YOU ALREADY OWN. We believe enough is enough. As this website further matures, we will continue to put forth additional proof and exhibits, the likes of which Wall Street itself will resent.
Other examples of the exaggerations you heard this year also fall under the umbrella of marketing
1.
(The falsehood of) liquidity and buy backs as supportive to the market, i.e. SHLD.
(The falsehood of) liquidity and buy backs as supportive to the market, i.e. SHLD.2.Vast amounts of "sideline money" would come in to the market any minute now.
Vast amounts of "sideline money" would come in to the market any minute now.3.GM was going to bid for Ford (F).
GM was going to bid for Ford (F).4.MSFT was going to buy YHOO.
MSFT was going to buy YHOO.5.Gold was going to $1000 per ounce and oil to $200 per barrel.
Gold was going to $1000 per ounce and oil to $200 per barrel.6.The next "monster" returns would come from Ethanol, Nanotechnology, Biotech's,
The next "monster" returns would come from Ethanol, Nanotechnology, Biotech's, Micro Caps, Big Caps and just last week, Tech...7.That some icon name is the reason you need to buy a stock.
That some icon name is the reason you need to buy a stock. 8.Hedge Funds outperform the market. (When we all know their results lag Mutual Funds)
Hedge Funds outperform the market. (When we all know their results lag Mutual Funds)9.Notable experts can 'see' around corners into the outer years. (But fail to see into the 4PM close.)
Notable experts can 'see' around corners into the outer years. (But fail to see into the 4PM close.) 10 Market wizards start sentences with "I think" and usually later at lower price, seldom admitting they were wrong but suggesting "I thought",
as if that gets your money back. Nevertheless price targets remain. 11 Upgrades occur at tops and downgrades at bottoms, i.e. changing a rating from a Sell to a Hold at a high,
12 Economists and other notables claim to see a hard or soft landing when in truth they cannot see the landing field and therefore are ill-suited to
comment on inflation v. deflation, with each economic condition having some bearing on mining, metals and interest rates.13. Independent research companies, i.e. S&P, Moody's, Value Line even Morningstar, still trying to tweak
their models and are always very late to the current awareness of sub prime issues. These are the same ratings agencies that confirmed their good ratings on Dot Cons/Telecom's such as WorldCom, Global Crossing, and even AT&T and proclaimed they were "cheap" at price highs according to their models. 14. "The Street" is best at manufacturing excuses, suggesting cycles or sector rotation even false breakouts or takeouts using Dow Theory noise, of
which they truly lack understanding of inter-market relationships.15. The media is your friend. Those quasi business shows and are a topic unto themselves with hidden agendas
and self-promotion to profit from celebrity. Driven more to try and make news than report news16. CEO's do lie, their accountants swear to it, and anal-sts confirm it. That is why Enron & Arthur Anderson are no more ... gone forever as are over 500 Internet companies along with trusting investors slave to save monies.
500 Internet companies along with trusting investors slave to save monies.Suffice to say, we intend to further discredit the "experts" who claim no one can time the markets, yet are always so ready to suggest the next dip is "your new buying opportunity." However, they are never able to see a top forming or suggest profit taking, whereby those monies could then be deployed to buy the "next dip" even if turns out to be an extended correction of larger magnitude. Surely, with all the positive spin and level at which the indexes are trading, the immediacy and concern for you must be the 'what-if' scenario:
What if we experience a washout market crash in the near future, was holding and hoping any of the dead money plays really the best choice or will Cash be king again? How will your portfolio perform lacking fresh money? Can you weather another seven years just to break even?
*If those past dips were 'your opportunity,' then why is your portfolio still half of what you paid for it if you bought INTC, CSCO, IBM, QCOM or MSFT et al in 2000?
Investor Salvation
A subsidiary of MBL & Associates DBA Hedgehog Consulting
(201) 488-2314 avail 24/6
The EMPIRICAL PROOF is set out in data form on what we warned clients while able to avoid 'creative destruction'. Our offer of counsel while debunking falsehoods; i.e querying how long is "long term and dollar cost averaging. *All people die. All companies die, too. That's why 'buy and hold' is wishful thinking. and you are sure to go broke. And die …. Eventually the undertakers and bankruptcy lawyers get you
As firms mishandled their own risk, they are desperate for your cash and in fact need you more than you need them. We will discuss how brokerages win even when supposedly taking the same trade as you albeit with a different outcome aka - Pump & Dump; holding a simple CD has yield better returns over the last decade.
The tip of the ICEBERG reveals a sub-prime mess; while shareholder value implodes, CEO's walked away with multi-million dollar severance packages. Experts that never saw the crisis coming told investors to buy & hold, and to 'dollar cost average' for the long term. (SEE) - THEORY OF DIMINISHING RETURNS - @ CONTACT Page
Let's start with the basic premise that YOU didn't make $36 billion in bonuses last year, or the year before, yet Wall Street did. From lack of wisdom and wrong advice 1099's and 401Ks reflect over $7 trillion of US investor wealth destroyed. Over $30 trillion globally has been blown up from corrupted research. The implicit promise that working, hoarding and saving will result in riches, that has been the core of the American Experience through good times and bad, yet this nightmare never ends.
INVESTOR SALVATION MARKET MYTHS:
Yearly chart of lower highs for semiconductors
* There are a few old expressions ... we can prevent from happening *
"The House always wins* --- Gurus’ stock tip: a 'good buy' means 'good bye to your wallet'. With friends like these, who needs enemies?" --- Individual investors abused as Cash Cows rather than revered as Sacred Cows, --- "Fool me once, shame on you ... fool me twice, shame on me." --- "When everyone thinks alike then no one's thinking" - Moreover, the masses never win --- 'if market mavens never saw the top, they will never see the bottom' --- cheap stocks get even cheaper due to that flawed strategy of dollar-cost-averaging*
A short list of only the highest quality, bluest of Blue Chips, now virtually penny stocks thrashing a decade of investments.
AIG (39 cents) Kodak ($2.50)
Citigroup (98 cents) Bank of America ($3.15)
E*Trade (66 cents) New York Times ($4.00)
New York Times ($4.00)Fannie Mae (39 cents) News Corp ($6.15)
News Corp ($6.15) Freddie (39 cents) Xerox ($4.36)
Xerox ($4.36)Unisys (37 cents) International Paper ($4.22)
International Paper ($4.22)Ford ($1.83) Alcoa ($5.55)
Alcoa ($5.55)GM ($1.83) GE ($6.75)
GE ($6.75)Las Vegas Sands ($1.97) Dow Chemical ($6.56)
Dow Chemical ($6.56)MGM ($1.99) Wells Fargo ($7.95)
Wells Fargo ($7.95)CIT ($2) Dell ($8.50)
Dell ($8.50)
Long-term - decade view of GE as investors still waiting to breakeven same for MSFT and GM at 60 year lows
PREMISE #1: It used to be said that money should double every 7 - 10 years. If so, why was it with the major indexes, Dow Jones, S&P 500, even NASDAQ Composite at new highs or multiyear highs, the average investor's portfolio is at best only one-half of its year-2000 value.
PREMISE #2: Collectively, other myths seem to remain constant and true. Those brokers and the (fined) firms always win regardless of how the client fares, arguing in the long run everything works out for the best. The Ponzi Scheme always favors them, opportunity comes from noble commercials where failing firms need your money.
