Seeking Alpha

Gary Jakacky

 
View as an RSS Feed
View Gary Jakacky's Comments BY TICKER:
Latest  |  Highest rated
  • Better Hope Korean Crisis Is Not a Sign of Things to Come [View article]
    War games are part of training and they must take place in the theatre of operations in order to be realistic. That is unless you are willing to have the war games take place on your own property, which I doubt.

    99% of north korea has no electricity. A few well placed shells to plunge the elite into the dark and cold would work wonders. The rest of the country wouldn't even notice.
    Nov 24, 2010. 10:04 AM | 2 Likes Like |Link to Comment
  • Better Hope Korean Crisis Is Not a Sign of Things to Come [View article]
    Awwwwww.....maybe if the Anointed One goes over to Kim and kisses his ring, or his wife, or some other part of his anatomy, the whole crisis will blow over. I mean, look what it got us with China, Iraq, Iran, Yemen, Pakistan, Al Qaeda....

    Domestically and internationally, the Anlointed One is Jimmy Carter redux. Remember the sp500 back then? It had a PE ratio of six.

    Crank that into your valuation models.
    Nov 24, 2010. 10:01 AM | 2 Likes Like |Link to Comment
  • Global Macro Notes: Massive Topping Process at Work [View article]
    Well, North Korea needs mercenaries (if not traders, at the moment).

    Comment: increases in price levels and interest rates CAUSED by economic growth do not lead to bear markets. Increases in these variables caused by monetary excess and supply side shocks cause bear markets. Your global top is caused by the monetary excess.
    Nov 24, 2010. 09:46 AM | 1 Like Like |Link to Comment
  • Expertise Mission Creep Data Point of the Day [View article]
    HEY CALIFORNIA! You are RICH! Stand by while we republicans practice what YOU preach, and SOAK YOU!
    Nov 23, 2010. 06:26 PM | 1 Like Like |Link to Comment
  • Tumbling Tuesday - China Korea and Europe, Oh My! [View article]
    "Pay attention to the size of their packages"

    Wow man..those are some real scholars. We have had unit pricing in this country for what now, 40 years? And there are still shoppers struggling with long division?
    Nov 23, 2010. 11:00 AM | 2 Likes Like |Link to Comment
  • Are We Headed for Zimbabwe? [View article]
    You have it backwards as usual, Mr. Hui. Central Banks started making political decisions---bailing out favored banks, favored industries, favored political agendas---and congress is calling them on it.

    We may be on our way to Zimbabwe, but for now we have crony capitalism similar to Russia where policies and money bail out some industries ($7000 to buy a car!) while emerging technologies and entrepreneurs can't even get loans to build working capital.
    Nov 22, 2010. 11:44 AM | 6 Likes Like |Link to Comment
  • Driving in the Fast Lane With Tesla [View article]
    Of course we know when it comes to energy and transportation, the federal government has an excellent 'TRACK' (no pun intended, AmTrak) of backing loser technologies, be it synfuels and of course now ethanol. At a time when fossil discoveries have pushed PeakOil into the next century (for about the 10th time, but luddites never learn) we are going with a toxic, costly storage alternative like lithium. HA!
    Nov 22, 2010. 10:55 AM | Likes Like |Link to Comment
  • 3 Current Pair Trades: Playing Offense and Defense in This Market [View article]
    Nice article on what is essentially a 'hedge fund'' strategy. Your ISRG /NUVA is not about sales in 'spinal surgery,' since ISRG really doesn't do that. Its more about new surgery technologies; Good point that NUVA might have its nose closer to the grindstone than ISRG on this issue. ISRG's procedure growth has been slowing; and with fewer procedures, fewer robots are needed.
    Nov 19, 2010. 02:11 PM | Likes Like |Link to Comment
  • Deficit Reduction to Be a Long, Hard Slog [View article]
    Gridlock means the government is funded by a series of continuing resolutions. CRs hold spending at previous levels. Sounds like a solution to me.
    Nov 18, 2010. 03:13 PM | 1 Like Like |Link to Comment
  • Why the CPI Is Understating Inflation [View article]
    Pundit: your argument that inflation is higher than measured sounds like carping from the 'anti-hedonic pricing' cabal.

    As a statistician, I know how easy it is to prove a point if you throw out data ya don't like. I have a car, i rent an apartment, and I use services such as education, tourism, etc. All these prices are LOWER for me, especially energy. If we weren't spending a few quintillion dollars trying to turn corn into fuel, grain and food prices would be much more modest, as well.

    The inflation rate is low....lets keep it that way.

    I oppose QE for many reasons. Trying to jack up the inflation rate is just one of them.
    Nov 18, 2010. 10:40 AM | 2 Likes Like |Link to Comment
  • The bond vigilantes have ridden back in, Randall Forsyth says, restoring disinflationary order as yields shoot up and the bond market free-falls. Between that, gold that's dropped $85/ounce off its peak, a deepening European sovereign crisis and capital controls in emerging markets, the Fed's expansion efforts are no match so far.  [View news story]
    Yeah just ask O'Bama. He's got one.
    Nov 17, 2010. 07:44 PM | 3 Likes Like |Link to Comment
  • The bond vigilantes have ridden back in, Randall Forsyth says, restoring disinflationary order as yields shoot up and the bond market free-falls. Between that, gold that's dropped $85/ounce off its peak, a deepening European sovereign crisis and capital controls in emerging markets, the Fed's expansion efforts are no match so far.  [View news story]
    I don't use 3 days trading to draw conclusions about the US economy, whatever. The market is up 90+ % from its 2009 low because the economy is producing slow, grudging growth. Very typical bounce from a deep bear market. Once bonds and the dollar realkize we must have higher real interest rates, their prices will move accordingly, as we have seen. Stocks need to get off their "low interest rate addiction;" hence the current correction, which probably is not over. Once gold bugs and peak oilers are forced off their hobby horse, they'll put their money where the profits are. Once Europe collapses into its own socialist pie-hole, the dollar will climb even higher. And once China realizes they traded 15 years worth of goods for a bunch of pieces of paper they have to wait thirty years to get back at nominal par, we just might see some real investment!
    Nov 17, 2010. 07:41 PM | 5 Likes Like |Link to Comment
  • Given the impossibility of one central bank managing the economies of a diverse and fractured continent, Bloomberg's Matthew Lynn says the euro is doomed.  [View news story]
    Destroying the Euro should be part and parcel of US economic and foreign policy. Europe is a morally, fiscally, and militarily bankrupt region coasting on American military might, Russian natural gas, and cheap illegal Islamic labor getting more expensive by the day.
    Nov 16, 2010. 07:29 PM | 3 Likes Like |Link to Comment
  • A123 Reports Earnings: Tomorrow Will Be Better, Really... [View article]
    Folks...the days of saying GE DOES IT, and having anybody even care, are long gone. GE is an Obamanomic ward of the state.
    Nov 16, 2010. 03:49 PM | Likes Like |Link to Comment
  • Are Municipal Bond Markets Collapsing? [View article]
    Republicans to California: DROP DEAD!
    Nov 16, 2010. 02:35 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
2,653 Comments
4,505 Likes