I like that, "According to jerks like this, all everyone should do is go buy a gold encrusted iPhone that runs androide and do a mobile search to buy a book so that you can book a trip online." Very creative, and true to some weird extent.
I'm just trading the tape dude, I don't run enough money to move the market ;)
Caterpillar and Deere Showing Leadership [View article]
You know, normally I wouldn't care about someone wasting their time to point out meaningless spelling errors in a post of mine, if that's what you enjoy, so be it. But the fact that a spell checker would in fact not catch that grammatical, not spelling mistake, really just put it over the top for me. Go find something better to do with your time.
Long the U.S. Dollar Because...It's Going Higher [View article]
You are all so funny with your pontifications on why the market is doing what it is. Sure, it's fine to have any underlying fundamental thesis, but geeeeeeeze, please step out of macro land for a few minutes and just look at the momentum to the upside.
The android system is good, don't get me wrong, and yes, it has the opportunity to overtake the Apple OSX just because there are many more device makers using it. The problem is this, although the operating system is great, no one handset maker is going to be hugely profitable with it unless they make a radical shift in their hardware and innovate in terms of the user experience.
The debate is not over which is better, I could care less, I'm not here to talk about that. The debate is over whether a company should be going up against Apple at this point with similar technology and try to make money doing it. I'm not an Apple fan boy, I don't even own a mac, I use an HP, the iPhone is the only Apple product I use.
It's about sales people, it's about the ability for any one handset maker to make money, I could care less about all of this other crap, you can argue amongst yourselves about the rest.
Think I would agree with the first sentence but disagree with the second, it was generous, and they are now seeing just how generous it was, and how bad a business model as well.
The Real Lesson From Current Goldman Sachs Bashing? Caveat Emptor [View article]
The shark was the best part of JAWS, hahaha, I'm not defending what Goldman Sachs does, on the contrary, I think the Wall Street culture is completely morally bankrupt, I'm just trying to point out that you have to guard yourself against it instead of whining about it and going along with all the other sheep who get slaughtered.
Apple Crushing Competition in Hardware Sales and Profits [View article]
I doubt Apple will ever give the hardware away. Remember, Android phones will have NFC as well, and although Apple has the payment backbone, the hardware is still head and shoulders better than any other, and that is why they sell.
I believe in free trade, so the whole mergers costing us jobs thing I find a moot argument. Corporations should strive for the most efficiency possible, it's not their job to care about people losing jobs, they are responsible only to shareholders. Want to change that, start a non profit.
As for everyone else wanting America to get taken down a notch and see the dollar get pummeled, yes and no. Sure at certain points in time governments around the world like to see us feel a little pain, but make no mistake, the world right now is very fearful as whole that if America loses its ability to underwrite global security, there will be a lot more insecurity and war, leading to less global economic growth. China is concerned with one thing and one thing only right now, stability, politically, security wise around the world, economically, and socially. They need us as much as we need them all at this point.
Lastly, the Fed's policies are not shortsighted, they are just wrong sighted. You can't fix a structural issue in the economy by inflating assets (just look at what happened when Greenspan blew the housing bubble). The policy of reflating popped bubble after popped bubble instead of building an economy on solid ground is the issue, it's not that it's short sighted, it's just plain wrong.
Trade the Tape, Not Your Policy Beliefs [View article]
Who cares about the manipulation of the tape, you're not going to change it, and that manipulation hasn't changed the art of tape reading one bit, it's the same as it's been for ever.
Stop worrying about market structure and manipulation, it doesn't help you make money, it'll only make you angry.
God knows there are underlying fundamental problems with the market, look at all of these little individual flash crashes, but complaining about the isn't going to change anything.
The Pace of Innovation: What It's Doing to Our Economy [View article]
All it takes is one bad product cycle for Apple to be screwed, and you will see that company lose more market cap than you can imagine. If they stop innovating for a second they are toast. See RIMM for example.
Still No Reason to Own Bank Stocks [View article]
I'm just trading the tape dude, I don't run enough money to move the market ;)
Caterpillar and Deere Showing Leadership [View article]
Long the U.S. Dollar Because...It's Going Higher [View article]
Thanks Maverick.
Is Whole Foods The Next Starbucks? [View article]
A Note to Consumer Tech Companies [View article]
The debate is not over which is better, I could care less, I'm not here to talk about that. The debate is over whether a company should be going up against Apple at this point with similar technology and try to make money doing it. I'm not an Apple fan boy, I don't even own a mac, I use an HP, the iPhone is the only Apple product I use.
It's about sales people, it's about the ability for any one handset maker to make money, I could care less about all of this other crap, you can argue amongst yourselves about the rest.
The Pace of Innovation: What It's Doing to Our Economy [View article]
Technical Analysis: Market Psychology Indicator [View article]
AT&T's Announcement Was Inevitable [View article]
The Real Lesson From Current Goldman Sachs Bashing? Caveat Emptor [View article]
Why Chipotle Is Going To $400 [View article]
Apple Crushing Competition in Hardware Sales and Profits [View article]
Today's Market: Hold on Tight! [View article]
As for everyone else wanting America to get taken down a notch and see the dollar get pummeled, yes and no. Sure at certain points in time governments around the world like to see us feel a little pain, but make no mistake, the world right now is very fearful as whole that if America loses its ability to underwrite global security, there will be a lot more insecurity and war, leading to less global economic growth. China is concerned with one thing and one thing only right now, stability, politically, security wise around the world, economically, and socially. They need us as much as we need them all at this point.
Lastly, the Fed's policies are not shortsighted, they are just wrong sighted. You can't fix a structural issue in the economy by inflating assets (just look at what happened when Greenspan blew the housing bubble). The policy of reflating popped bubble after popped bubble instead of building an economy on solid ground is the issue, it's not that it's short sighted, it's just plain wrong.
Trade the Tape, Not Your Policy Beliefs [View article]
Stop worrying about market structure and manipulation, it doesn't help you make money, it'll only make you angry.
God knows there are underlying fundamental problems with the market, look at all of these little individual flash crashes, but complaining about the isn't going to change anything.
Still No Reason to Own Bank Stocks [View article]
The Pace of Innovation: What It's Doing to Our Economy [View article]