米国投資専門誌バロンズが「買い時」と主張、米国株はもはや大暴落寸前？

●Time To Sell 　　　　Saturday, July 22, 2006

Odds of a continued bear market selloff increased today with this cover of Barron's. Magazine covers like this (especially at the end of a three year cyclical runup) are typically very contrarian in nature.

Overly depressed stocks -- particularly large caps -- look poised for a second-half rally, even if global political and economic turmoil lingers. The biggest bargains include familiar names such as General Electric, Home Depot, Cisco, Nestlé and Lehman Brothers.

Supposedly this is the best buying opportunity in big caps since 1994. What a bunch of nonsense. We are headed into a consumer and housing led recession.

This is the best selling opportunity on "familiar names" since 2000. The best selling time for the Nasdaq was earlier this year.

Mike Shedlock / Mish
http://globaleconomicanalysis.blogspot.com/2006/07/time-to-sell.html

【私のコメント】
バロンズが「買い時」と主張する一方でミッシュ氏はブログで「バロンズの分析は誤りで今は売り時」と主張している。常識的に考えれば、石油ドル体制が揺らいでいる米国で株価が今後も上昇し続ける筈がない。バロンズ誌の主張は、愚かな米国の個人投資家を騙して最高値水準で株を買わせて売り抜けることが目的なのだろう。