It's Bleak Over Here

 | Sep 22, 2011 | 2:20 PM EDT  | Comments
  • Comment
  • Print Print
  • Print

You buy 'em here -- you are buying them because you think something is going to happen positively tonight in Europe.

That's the only reason you can buy 'em, because nothing good's going to be happening here.

We have a whole party that doesn't want anything to happen and we have a president that is committed to a different agenda and we have a Federal Reserve that just told us to be afraid.

Now, stranger things have happened. Maybe the 20% declines in equities over there finally inspire a concerted effort to stem these declines.

I just don't see it happening.

And the strength of the dollar says I am going to be right.

Columnist Conversations

1100 Handle May be Around the Corner
The action in the DOW today was the reverse of what we saw yesterday in the index. The rally off the lows in t...
The visualization of data is provided by Capital Market Laboratories (CML). Z is trading $115.95, down 2.8% w...
We are still seeing WYNN hold up above key WEEKLY support here, but I do want to show you what is in the way o...

BEST IDEAS

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.