Subprime Risks: Overblown

[RobertB]

Subprime Risks: Overblown
John Rogers 09.17.07, 12:00 AM ET

The market has gone haywire. As I write, the Dow Jones industrial average has experienced 14 triple-digit fits and starts since July 20. Subprime fears have made financial stocks even more volatile. This pinball effect is leaving many investors feeling skittish about where to put their money. During tough times like these I stay focused on the areas I know best, which keeps me calm and confident in my decisions.

This way I can concentrate on what matters most: underlying business fundamentals. And I don't waste time worrying about things I can't control or predict, like what sectors will be in vogue next or where interest rates are going.

http://www.forbes.com/columnists/free_forbes/2007/0917/212.html?partner=aolmag

[Cameron]

Housing today is like the tech melt down of the late nineties. Remember when a tech company with no earnings was selling at 100 times earnings?

People got greedy the same way over housing. The average $250,000 home is probably really worth about $125,000 at the most.

But one big difference here. If you plan to stay in your home and do not have to sell and re-buy, you will be o.k. The home is a hard asset, whereas the tech stock greed of the late nineties was all on paper.

Wait until next summer and you will be able to get that $250,000 home for $125,000. Once showings dry up and realtors stop making sales, the prices will drop like a rock!

[Big Daddy]

Subprime Risks: Overblown
John Rogers 09.17.07, 12:00 AM ET

The market has gone haywire. As I write, the Dow Jones industrial average has experienced 14 triple-digit fits and starts since July 20. Subprime fears have made financial stocks even more volatile. This pinball effect is leaving many investors feeling skittish about where to put their money. During tough times like these I stay focused on the areas I know best, which keeps me calm and confident in my decisions.

This way I can concentrate on what matters most: underlying business fundamentals. And I don't waste time worrying about things I can't control or predict, like what sectors will be in vogue next or where interest rates are going.

http://www.forbes.com/columnists/free_forbes/2007/0917/212.html?partner=aolmag
So is like, this guy from the future, or what?

Is this what we can expect a week from Monday?

:lol2