"TAP não sobrevive se se mantiver pública", garante Pinto Luz

[Elias]

Quando as taxas começarem a subir, o mercado sobe mais.

A brincar que o digas, pode acontecer esse cenário.

Foi o que aconteceu em 2003, remember?

[AC Investor Blog]

Quando as taxas começarem a subir, o mercado sobe mais.

A brincar que o digas, pode acontecer esse cenário.

[Elias]

Enquanto as taxas de juro permanecerem neste patamar e os estimulos se mantiverem, o mercado não cai.

Quando as taxas começarem a subir, o mercado sobe mais.

Este não passa de mais um visionário do apocalipse.....

Se calhar já foi ver o 2012

[AC Investor Blog]

Enquanto as taxas de juro permanecerem neste patamar e os estimulos se mantiverem, o mercado não cai. Este não passa de mais um visionário do apocalipse.....

[Elias]

Forget 11,000, Dow Heading for 6000 and GE Still a Short, Charles Ortel Says
Posted Nov 12, 2009 02:38pm EST by Aaron Task in Investing

Coming off its highs of 2009, the Dow is heading for its first down day of November, which is pretty much a non-event and arguably overdue. But there's plenty more down days ahead for the Dow, and big ones, according to Charles Ortel, managing partner of Newport Value Partners.
When this current "hope-based" rally ends, Ortel believes the Dow will fall into the 5000-6000 range, based on the following:

Economic fundamentals: In addition to huge deficits, there's too much supply and not enough intrinsic demand in the "aging economies" of Europe, Japan and the U.S., Ortel says. From 1999-2007 "we made up for that by encouraging people to borrow. Now we're going to correct for that."
Geopolitics: "The gathering threats from abroad are severe," Ortel says. Threats from Iran and difficulties in Afghanistan immediately come to mind, but he also mentions "instability in Mexico" as well as the potential for "friendly rivals and determined enemies" to try and take advantage of America's weakened economic state and overextended military.
"If you had troubled economic times and also unwelcome military adventures, you'd have one heck of a correction," he says.

In terms of specific recommendations, Ortel remains bearish on GE, which he has been recommending as a short position since the summer of 2007. Although GE shares have recently rallied with the broader market, "the picture has not gotten better," he declares, noting GE Financial still lost about $2 billion in the year ending Sept. 30 despite extraordinary government support.

From the long side, Ortel remains bullish on gold - which he first recommended in the summer of 2007 - and says India "rises above the pack" when it comes to long-term prospects for emerging economies.

Disclosure: Ortel's firm provides research only and has no positions, long or short, in any of the assets mentioned.

http://finance.yahoo.com/tech-ticker/ar ... et=&ccode=