Thursday links: blue chip penny stocks

05Mar09

“I call it an apathy bottom. When people stop worrying about where the bottom will be, the market will give them one.”  (Barrons.com)

If picking a bottom is just plain dumb, you should focus all you energy on a niche that you can exploit or hide out and be quiet until the coast is clear.”  (Howard Lindzon)

Individual investor sentiment is decidedly bearish.  (Disciplined Approach)

Focus on what you can control. Take a hard look at expenses, consolidate accounts, or re-balance your portfolio. Doing the things that you can control has a way of making you feel better.”  (behavior gap)

If we end up like Japan, value investors are going to make money. If we end up like the Great Depression, absolutely no stock market strategy is going to work for the next couple of years.”  (WSJ.com)

A long term chart of the S&P 500 P/E ratio.  (Trader’s Narrative)

A sign of the times, “blue chip penny stocks.”  (Bespoke, Big Picture)

How much additional equity does GE Capital need?  (WSJ.com, Clusterstock, 24/7 Wall St.)

Why is GE (GE) stock getting pushed around?  (MarketBeat, EconomPic Data, BusinessWeek.com)

News flash.  General Motors (GM) is doubtful as a “ongoing concern.”  (WashingtonPost.com)

In defense of hedge funds.  (TraderFeed)

Stable value funds are at risk in this crisis.  (Aleph Blog)

Institutional investors now make up the majority of hedge fund assets.  (TheStreet.com)

Institutions and endowments are going to have to mark down the value of their private equity investments dramatically.  (WSJ.com also PIonline.com)

“CNBC has operated in a virtual vacuum of accountability from every which angle.”  (Daily Options Report also Market Movers, Crossing Wall Street)

Jim Cramer ups the ante in a fight with the White House.  (MainStreet.com also Clusterstock, Capital Commerce)

If you take the White House at its word, it regards the stock market as “an unreliable and low-priority indicator of the socioeconomic value of his policies/tactics.”  (CXO Advisory Group)

The steep slope of the yield curve points to better economic times ahead.  (Carpe Diem)

Why is Asia doing to badly?  (Marginal Revolution)

Confusion in policy breeds disorder in companies, and disorder leads to the loss of value.”  (Baseline Scenario)

A positive review for Ernest P. Chan’s book, “Quantitative Trading.”  (designing better futures)

Want to learn more about StockTwits?  A new FAQ page is up.  (StockTwits.com)

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