Melissa, a disbeliever in my bearish thesis, asked how long, in the face of the market's steady rise, was I willing to remain ursine in my market outlook? I responded that while I now see a far less attractive risk/reward ratio than at any time in 2009, I am also respectful of Mr. Market. Realistic factors that could weigh positively on the market include the continued buyout activity, which raises the perceived notion of value, and the normal seasonal market strength seen in November and December.
May the Schwartz be with you! Doug Kass writes daily for RealMoney Silver, a premium bundle service from TheStreet.com. For a free trial to RealMoney Silver and exclusive access to Mr. Kass's daily trading diary, please click here. Most Popular Today Five Dumbest Things on Wall Street Most Commented Today Sirius Chairman Resigns Loading Comments... < Previous 1 2 Next >SHARE:
Doug Kass is the general partner Seabreeze Partners Long/Short LP and Seabreeze Partners Long/Short Offshore LP. Under no circumstances does this information represent a recommendation to buy, sell or hold any security. Loading Comments... Featured Photo Galleries var galljs = document.createElement('script'); galljs.src = 'http://js.thestreet-static.com/files/tsc/v2008/js/_1256702400500/min/pages/gallery.js'; var head = document.getElementsByTagName('head')[0]; head.appendChild(galljs); Go to Slideshow ArchiveConnect with TheStreet
Dow Jones S&P 500 NASDAQ 10-Year Note 10270.47 1093.48 2167.88 34.29 Oil * 75.55 UP 73.0 UP 6.24 UP 18.86 DOWN -0.17 10 Yr 3.43% SPDR Gold 109.74 0.72% 0.57% 0.88% -0.49% Data delayed 20 minutes More From TheStreet Latest Headlines Top-rated Mutual Funds from TheStreet Ratings Jim Cramer Book Tour Top-rated ETFs from TheStreet Ratings Find returns with the Dividend Calendar Top Rated Stocks from TheStreet Ratings Twitter RSS Facebook YouTube adsonar_placementId=1341369;adsonar_pid=879768;adsonar_ps=-1;adsonar_zw=320;adsonar_zh=280;adsonar_jv='ads.adsonar.com'; Brokerage Partners YAHOO.util.Event.on(window,"load",function(){ setTimeout(function(){ TSCM.util.attachScript('scr_intellitxt','http://thestreet.us.intellitxt.com/intellitxt/front.asp?ipid=10685'); },1200); }); Sponsored Links Get your credit score in 2 easy steps for free. By Experian Consumer Direct var ads = [ { link:"http://FisherInvestments.click-url.com/INV/go/131834384/direct/01/", text:"How to plan for a secure retirement.", trk:null }, { link:"http://ad.doubleclick.net/clk;186067846;4639705;x?http://ad.doubleclick.net/clk;185806793;24432847;u?http://www.hp.com/sbso/special/instantsavings.html?jumpid=ex_R295_link/kimipgsmb/2Q08LJ/OJ-BDM/printingimaging/instantsavings/TheStreet", text:"Save up to $500 off top-selling HP printers. Click here to save", trk:null }, { link:"http://ad.wsod.com/click/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.img.TEXT/", text:"Free stock symbol lookup: Scottrade stock research", trk:'http://ad.wsod.com/embed/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.tk.TEXT/' }, { link:"http://ad.wsod.com/click/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.img.TEXT/", text:"Free stock symbol lookup: Scottrade stock research", trk:'http://ad.wsod.com/embed/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.tk.TEXT/' }, { link:"http://clk.atdmt.com/DEN/go/171694938/direct/01/", text:"Get a guaranteed return. Lock in a great rate on a Citibank CD.", trk:'http://view.atdmt.com/DEN/view/171694938/direct/01/' }, { link:"http://www.entrepreneur.com/business-opportunities/index.html?cam=thestreet&cid=Homepagetextlink1109", text:"Be Your Own Boss and Start your Own Business Today!", trk:null }, { link:"http://www.usfunds.com/adclick.cfm?adid=2212", text:"What's Driving Gold? Learn more.", trk:null }, { link:"http://ad.doubleclick.net/clk;219522223;41227940;w", text:"Plan for your family's needs with help from Merrill Lynch", trk:null }, { link:"http://ad.doubleclick.net/clk;219173989;41227940;r", text:"Pursue your goals with help from a Merrill Lynch Advisor", trk:null }, { link:"http://www.goldline.com/d/index.html?id=557&utm_source=thestreet.com&utm_medium=banner&utm_campaign=street-gold-delivered", text:"Goldline.com – A leader in gold investing since 1960.", trk:null }, { link:"http://ad.doubleclick.net/clk;218753205;41757528;l?http://www.optionsxpress.com/?cmpid=tlstreetros", text:"Trade Options, Stocks and Futures in One Account at optionsXpress", trk:null }, { link:"http://www.entrepreneur.com/business-opportunities/index.html?cam=thestreet&cid=Homepagetextlink1109", text:"Be Your Own Boss and Start your Own Business Today!", trk:null }, { link:"http://ad.doubleclick.net/clk;219059876;42243733;o?https://www.blackcard.com/app/japply/lp/26879.jsp?campaignid=0001130&obcreative=0000000&obadloc=006&obchannel=005&ibchannel=03&partnerid=1394&referrerid=STRBWN0004&sid=text", text:"The Visa Black Card. Enjoy 1% Cash Back or Travel. Apply Now!", trk:'http://ad.doubleclick.net/ad/N5928.1199.8344890806521/B3868511.4;sz=1x1' }, { link:"http://clk.atdmt.com/ANY/go/173953744/direct/01/", text:"Take advantage of new opportunities at ups.com/whiteboard", trk:'http://view.atdmt.com/ANY/view/173953744/direct/01/' }, { link:"http://ad.doubleclick.net/clk;217859701;36852981;v", text:"Invest with U.S. Trust", trk:null }, ]; function __trackingpixel(url){ var ord = Math.floor(Math.random() * 100000000000); if(typeof url != "undefined") { if(url.indexOf('[timestamp]')!= -1) { url = url.replace("[timestamp]", ord); } return ""; } } var counter=-1; var limit = 3; function __write_textlink() { counter++; if(counter >= limit)return; var index = Math.floor(Math.random() * ads.length * 10 % ads.length); var it = ads.splice(index,1); var o = it[0]; document.write(''); document.write( o.text ); document.write( '' ); if(o.trk != null){ document.write(__trackingpixel(o.trk)); } if(ads.length > 0) { __write_textlink(); } else { } }; __write_textlink(); TheStreet Premium Services All Services Action Alerts PLUS Get free access to Cramer's portfolio picks at Action Alerts PLUS - Try it now Free RealMoney Jim Cramer's RealMoney team of 70+ Wall Street pros will give you wealth-building strategies - Get started Free RealMoney Silver Doug Kass + our 5 Premium Services - all in one place - Get a free 14-day trial today Stocks Under $10 David Peltier is ready to help you find affordable Stocks Under $10 which could lead to a big-money payoff - Get access to his portfolio FREE ETF Action Don Dion's brand new service can help investors at all levels build profitable ETF portfolios - Learn more document.write(unescape("%3Cscript src='" + (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js' %3E%3C/script%3E")); var beaconurl=""; if(TSC.util.isDefined(document)){ beaconurl=document.URL; try{ if (top.location != self.location){ beaconurl=document.referrer; } }catch(e){} } COMSCORE.beacon({ c1:2, c2:"6036014", c3:"", c4:beaconurl, c5:"", c6:"", c15:"" }); View Directory Jim Cramer Doug Kass Ron Insana Breakout Stocks Options Alerts Stock Under $10 RealMoney Don Dion's ETF Action Hot Topics: How to Invest in Gold - Fast Money - Apple Tablet - Motorola Droid - Cramer's Picks - Windows 7 - Health Care - Mad Money - Earnings Resources About Us Advertise Corrections Customer Service Employment Investor Relations Make a Suggestion Privacy Policy Readers' Feedback Sitemap Video Sitemap Subscribe Terms of Use Financial News Archive Topic Archive TheStreet Premium Services Compare All Services Jim Cramer's Action Alerts PLUS: Now any level of investor can trade right alongside a Wall Street pro — and enjoy 24/7 access to his portfolio! Learn More Login NEW! Don Dion's ETF Action: A concise two-step strategy for learning and trading in this increasingly lucrative area of investing. For all levels of investors! Learn More Login RealMoney: Jim Cramer's team of 70+ investment pros offer a daily wealth of fast-breaking market news... analyses... red-hot opportunities...and wealth-building strategies. Learn More Login RealMoney Silver: The genius of Doug Kass + 5 Premium Services = an unrivaled group of expert fundamental analysts, technical analysts, and Wall Street observers. Learn More Login Breakout Stocks: Bryan Ashenberg combines sophisticated screening software with eagle-eye analysis to find small and mid-caps ready to break out! Learn More Login Market Movers Deep in the Money Calls Stocks Under $10 Top Gun Trader TheStreet Ratings Daily Swing Trade Top Stocks ETF Shark Alerts Options Alerts try { function DM_onSegsAvailable(segs, cust_id) { for(var i=0;i /** * appends an ad using an existing container as an 'anchor'... works as follows: * 1) DART ads render in containers off screen (ie. #boxAd) * 2) the actual ad (#boxAd) is removed from the DOM and appended to the placeholder (#boxAdContainer) * 3) we kill the absolute positioning on the actual ad (#boxAd) to make it visible * * NOTE: to add something to the lazy loader, add it in TSCM.ads.placeLazyLoadingAds below * * @param adId string the id of the actual ad container (where the DART tag lives) * @param placeholderId string the id of the placeholder element */ TSCM.ads.appendToPlaceholder = function(adId, placeholderId) { //bail out for invalid args or missing elements if( !YAHOO.lang.isString(adId) || !YAHOO.lang.isString(placeholderId) || !YAHOO.util.Dom.get(adId) || !YAHOO.util.Dom.get(placeholderId) ) { return; //die quietly and make room for more calls to this function }; var ad = YAHOO.util.Dom.get(adId); //store the actual ad DOM element ad.parentNode.removeChild(ad); //remove ad from the DOM YAHOO.util.Dom.get(placeholderId).appendChild(ad); //append the ad to the placeholder ad.style.position = "static"; //show the ad! }; /** * function wrapper that places all DART ads using TSCM.ads.appendToPlaceholder * if appendToPlaceholder can't find the elements specified, it just returns and is ready for the next call */ TSCM.ads.placeLazyLoadingAds = function() { // DART 1 (banner) TSCM.ads.appendToPlaceholder('ad728x90', 'bannerContainer'); // DART 1 (expander) TSCM.ads.appendToPlaceholder('expanderad', 'expanderbar'); //DART 2 TSCM.ads.appendToPlaceholder('customUnit', 'cauContainer'); //DART 3 TSCM.ads.appendToPlaceholder('boxAd', 'boxAdContainer'); //DART 4 TSCM.ads.appendToPlaceholder('secondBoxAd', 'secondBoxAdContainer'); }; YAHOO.util.Event.onDOMReady(TSCM.ads.placeLazyLoadingAds);After the Bell
Before the Bell
Booyah! Newsletter
ETF Weekly
Midday Bell
TSC Top Ten Stories Newsletter
University Newsletter
Winners & Losers
TheStreet Mobile Edition
Take Our Tour
Connect with TheStreet
Read Full Article »