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I find investments are very different and difficult in these extremely Interesting Times!! We hear whispers of manipulation. QE'S that have never been done before. Then we have a template experiment in Cyprus to see the worlds reaction. I just ask everyone to sit back and ask themselves "... More
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  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » So what is March going to bring ?
    21 Feb 2014, 07:09 PM Reply Like
  • CWinn1970
    , contributor
    Comments (396) | Send Message
     
    Hopefully warmer weather. Maybe we will get to see if the weather is really behind some of the bad news.

     

    Side note, heard there were 1,000 single family homes coming out of the ground in the town next to where I live. Doesn't surprise me.
    21 Feb 2014, 07:14 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » CWINN

     

    Can't get much worse weather wise. But I guess the ski resorts are real happy ..

     

    I saw that the new builders stocks were up today but we had a bad homes sales number. What's up with that ?
    21 Feb 2014, 07:18 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    State,commercial and domestic infrastructure is not designed for the changes in weather patterns.
    21 Feb 2014, 07:19 PM Reply Like
  • CWinn1970
    , contributor
    Comments (396) | Send Message
     
    In the area I live I believe it's simple to explain. Several years of no new single family construction. Most of the old dormant subdivision have now been built out. There is currently a shortage of lots. Can't remember the last time I've seen the housing market this busy in is area. To put it in perspective though we still aren't seeing volume like we did in the late 90's early 2000's.
    21 Feb 2014, 07:23 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » CWINN

     

    Can you let others know what area are you talking about ? Some don't know where you live.

     

    Thanks
    21 Feb 2014, 07:26 PM Reply Like
  • CWinn1970
    , contributor
    Comments (396) | Send Message
     
    Upstate SC.

     

    By dormant subdivision I'm specifically talking about large tracts of land that were permitted, cleared, and the infrastructure started. Only to see the housing market collapse. A good portion of these subdivisions went into foreclosure. I could remember driving around this area and just seeing acres and acres of red dirt.
    21 Feb 2014, 07:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » CWINN

     

    Glad you don't live near this Pizza Hut...A District Manager caught in the act.. (GRAPHIC)

     

    Never liked their pizza anyway !!

     

    http://huff.to/Olm5b1
    21 Feb 2014, 11:31 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    At least it was in the sink and not on a pie.
    21 Feb 2014, 11:35 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » You sure ??
    21 Feb 2014, 11:40 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    I've been in the kitchens of some "nice" restaurants in my line of work... You may not want to eat out anywhere if you're concerned about a guy taking a leak in the sink.... There's worse stuff that happens...
    21 Feb 2014, 11:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » My wife was a Manager at McDonalds... I could tell you a few stories as well..

     

    I NEVER send anything back to the kitchen with a complaint !
    21 Feb 2014, 11:49 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Ignorance is indeed sometimes bliss.
    22 Feb 2014, 12:02 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » COINS

     

    Where are you ? I bet he made a killing selling some old lady a tungsten chain !!

     

    For those that do not know , he owns a coin store.. Even had 15 minutes of fame if he would please post that link again for me..
    22 Feb 2014, 06:47 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    So talented,i hope he re post.
    23 Feb 2014, 08:04 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    2/23/14 the reports are after the 24 a harsh return to winter begins to moderate after Mar 3,tom.
    23 Feb 2014, 10:43 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Guys momentum and beef up like box ok Action !!!
    23 Feb 2014, 05:57 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    & fake the Blue c's with smille proproprogogogo
    23 Feb 2014, 05:59 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Nice shot,perfect the last exchange !really
    23 Feb 2014, 06:05 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Big revenue for sum.
    21 Feb 2014, 07:12 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » AL

     

    You are knocking on the door of the top 10...But those newbies really know what they are doing...
    21 Feb 2014, 07:21 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Guys are tough ! After this week you should buy some shares in (UA).
    21 Feb 2014, 07:25 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    IT 11 place right in the middle is a tough spot,meat for both ends !
    23 Feb 2014, 08:22 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » Thought I would add something new. The top 10 in the challenge. I will do this at the beginning of each new chapter..

     

    Rankings Name Gain/Loss Portfolio Value Percent gain/loss
    *** 1st *** FearandGreed $22,157.85 $122,157.85 22.16%
    ** 2nd ** IT $20,389.25 $120,389.25 20.39%
    * 3rd * CoinsK $19,070.37 $119,070.37 19.07%
    4th John Wilson $13,429.74 $113,429.74 13.43%
    5th Windwood $12,621.97 $112,621.97 12.62%
    6th User7415481 $11,077.94 $111,077.94 11.08%
    7th Krustyman $9,825.34 $109,825.34 9.83%
    8th ExtremeBanker $8,522.87 $108,522.87 8.52%
    9th JohnBinTN $7,867.55 $107,867.55 7.87%
    10th BlueskyForever $6,643.11 $106,643.11 6.64%

     

    Hoping for those who follow along to add what they would be buying, selling, or holding for the education of all..

     

    Personally I am sitting with my (PSEC) as of now !!
    21 Feb 2014, 07:15 PM Reply Like
  • CWinn1970
    , contributor
    Comments (396) | Send Message
     
    I'm going to let (GNC) ride for a little longer. Bought after the 14% drop last week. Short term hold.
    21 Feb 2014, 07:17 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    I don't know how much gas is left in the Bull,i'll ride um close to the edge.
    21 Feb 2014, 07:23 PM Reply Like
  • CWinn1970
    , contributor
    Comments (396) | Send Message
     
    Slow and steady al...I think there's still a little gas in the tank.
    21 Feb 2014, 07:28 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    I think so too i'm still keeping an eye on that fuel cell,next weeks weather patterns are in my favor and the logistical difficulties caused by the weather have not been cleared up and inventory is still low.
    21 Feb 2014, 07:35 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    CW,thank you.
    23 Feb 2014, 05:42 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » Folks

     

    I deleted a comment and lost some posts on the thread..

     

    Sorry !!
    21 Feb 2014, 08:58 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    I want a refund.
    21 Feb 2014, 09:05 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » It's in the mail >>
    21 Feb 2014, 09:08 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    I know some of the housing numbers and other economic news recently may be less than spectacular, but I am not one to blame this on snow, cold, or bad weather.

     

    I do think we need to get going heavily into full fledged carbon taxing though. This will quickly correct our climate issues and restore our economic recovery along with it.
    21 Feb 2014, 09:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » OAG

     

    I remember this kind of snow where I live when I was a kid.. In fact it was much worse ( or better since school was closed)

     

    Do people really stay out of the stores in the northeast because it is 20 degrees out? A few car dealerships said it had no impact. Hotels said the snow actually helps certain areas for skiing and sometimes people get stuck that the can't leave.

     

    So I don't buy it. Just noise as some put it...We are in a slow growth , or no growth arena...

     

    Come on man !!
    21 Feb 2014, 09:26 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Count me as a 'no' vote on "carbon taxing" My bills are high enough as it is.

     

    The winters in the 70's make what we have now look like a walk in the park.
    21 Feb 2014, 09:36 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    Doug E. had some good comments in "53" that I share. I grew up in suberbia. I am from the late baby boomers era. In the 60's early 70's, we were a family of 4-kids, with a mom and dad, (total-6), that were neighbors to many other families in which a family with ONLY 2-children was somewhat odd. Dad worked, mom raised the family. As our society "progressed" into the 70's, mom had to go to work to help make ends meet.

     

    Now, I know a lot of couples that have similar or higher end jobs to the 60's dads', in which BOTH man/woman works, and they cannot afford to raise 1-child. We have reached the point where the advancement of liberal/socialist policy has worn down the american family to the point where there is no where for the progressives to steal the money from while the middle-class sustains their life-style.

     

    We has some long cold snowy winters in the 60's and did just fine-thank you very much!
    21 Feb 2014, 09:42 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    OAG,

     

    Having said all that, why do you want everyday people to pay more for stuff? I doubt it will lead to larger families again.

     

    Your "carbon taxing" means one thing, and one thing only - higher prices for the peons.
    21 Feb 2014, 09:49 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    JBT, Please excuse my sarcasm on the earlier carbon tax comment. I was trying to illustrate a point that, in a nutshell, send more money to the gov't, and everything will work out fine.

     

    In reality, taxation, regulation, and the efforts of those to put pressure on higher wages/benefits, domestically, has destroyed our post WW-II prosperity in the US. Ironically, these efforts to impose all of this are focused on the US, and NOT on other countries across the globe. Hmmm???

     

    Put me on record as supporting the growth and prosperity of the private sector, along with avoiding (as much as all possible), monopolies in the private sector, but even much more importantly, those that exist in the public sector, with organized labor/unions associated with this as well.

     

    Sorry to carry on with this on a site/blog focused on investing and the stock market, but I do maintain, and many may disagree, that these issues are highly relevant in the overall picture of our economy and investment. I will defend and discuss that position with anyone that feels this to be irrelevant to the overall cause.
    21 Feb 2014, 10:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    I think were showing our age here. But I feel the same way. Maybe today's generation is soft? lol

     

    But the late 60's were worse. Since I was a kid I have no idea what the markets did. But I really don't remember excuses given by the stores...

     

    It was just accepted as normal life. Now?? If we hear were getting a few inches of snow and the roads might be bad the grocery stores are packed.

     

    Like we can't get out for weeks !!!
    21 Feb 2014, 10:13 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    OAG,

     

    Sorry I missed the sarcasm. I am in poor form this evening. :(
    21 Feb 2014, 10:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » OAG

     

    This blog is open to all arenas...I personally think they are important components in investing..

     

    Some just want to talk about stocks, bonds, metals, etc... I prefer a dialog on everything that MIGHT have an impact on what one does with their discretionary income.

     

    We can chat all day about a specific stock.. But imo plenty of other factors will determine where we go from here.

     

    Carry on !!
    21 Feb 2014, 10:25 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    JBT, No apology necessary. If you follow my comments, admittedly, you will see some unusual things written by OAG at times. I hope for any that read what I write to at least kind of know where I am coming from. I know there are many commenter's, and beyond that many lurkers as well that follow a great blog like this (thank you IT!!!). My goal would be to inspire thought with those that read what I say, and not necessarily try to impose my ideas or strong arm anyone to agree with my position on things.
    21 Feb 2014, 10:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » OAG

     

    I try to just be the messenger and open up a conversation that makes people think. I appreciate the compliment but it is the posters who make this blog.

     

    Has made me scratch my head quite a few times...

     

    Some have left posting here because I allow us to go on tangents. That's up to each individual. But I still believe in a rounded education and I hope that is what we all get.

     

    This is not a gold blog, a stock blog, it is an EVERYDAY JOE'S blog..

     

    For a blog to continue to survive it has to be fresh.. At least that is what I think.. That is what I hope to accomplish. Just being different.
    21 Feb 2014, 10:38 PM Reply Like
  • John Wilson
    , contributor
    Comments (2033) | Send Message
     
    AOG

     

    " I do maintain, and many may disagree, that these issues are highly relevant in the overall picture of our economy and investment"

     

    I totally agree with this outlook and perspective. You cannot separate political controls and meddling from investing and finance. They are interwoven. The political agendas and controls create the financial world that the investments exist in. To only look at only the market and individual investments apart from the societal and political ambient that the market exists in is to have tunnel vision.

     

    Your sarcasm is good enough that you should almost have your own syndicated column or something. Keep up the good work in making people guess "is that what he really thinks or is it opposites day?"
    22 Feb 2014, 09:12 AM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    John,
    "is that what he really thinks or is it opposites day?"
    I share that sentiment often when I watch politicians that I typically disagree with, releasing their views through the various media outlets.
    22 Feb 2014, 12:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JW

     

    You have been a poster for quite some time now and you know how I feel. Opening one's mind to things around them might help others..

     

    I have friends that are absolutely clueless to what's in their 401k plan.. I ask what do you own and they look at me with that deer in headlights look.

     

    Ask some about OCARE and they have no clue. Se what is happening in Europe I say and I get that same look. Who knows , maybe they are better off not knowing...
    22 Feb 2014, 06:13 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (1762) | Send Message
     
    IT,
    Do you jog shirtless in questionable parks whilst wearing skimpy jogging shorts?

     

    Just being different :)
    22 Feb 2014, 06:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » NINJA

     

    In my early years I ran 5x a week.. Ran 10k's...Even had those tight shorts that my ex didn't care for..

     

    Lifted weights as well...But shirtless ?? NEVER !!
    22 Feb 2014, 06:42 PM Reply Like
  • John Wilson
    , contributor
    Comments (2033) | Send Message
     
    IT
    That's right.
    Buy and hold and don't ask questions.
    Your mutual funds are safe. Everything is under control by leaders with degrees from Harvard and Yale who know more than you do.

     

    If insurance is called "Affordable Care Act, Marketplace Insurance" then it must be good, because the word "Affordable" is in the name; it must be necessary because it was in an "Act." And if it is availabe in a "Marketplace" that must mean I have a choice -- therefore I will comply and not ask questions.

     

    --and stop asking me those hard questions, I want to talk about the Olympics instead.
    22 Feb 2014, 07:41 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    The "Affordable" part of the ACA is one of the biggest government lies ever hatched by those in Washington, D.C.
    22 Feb 2014, 07:50 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    JW, Speaking of the Olympics, there is a question that I am curious to find the answer for. With the big physical squeeze in gold continuing to accelerate, what will the top prize be in the next Olympics games hosted by one of the western nations? Gold Medal? GLD? er??
    22 Feb 2014, 08:25 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    Oh sure, (BITCN). Of course. Why didn't I think of that?
    22 Feb 2014, 08:41 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » OAG

     

    You do know that gold metal is tungsten right ?
    22 Feb 2014, 09:12 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    I often wonder affordable to whom?
    22 Feb 2014, 09:13 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Golden showers.
    22 Feb 2014, 09:13 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    You know IT you mentioned people forgetting the past even not living in the present but trying to beat that curve in the future,i am one of them,how to stay ahead of hell in the future.
    22 Feb 2014, 09:18 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    IT, Safe to say then we should expect that deliveries settled through the Comex should start to see more and more gold plated tungsten bars before they simply start settling in cash?
    22 Feb 2014, 09:26 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    IT,

     

    It's affordable for the welfare folks, and it's affordable for the rich. As usual, the middle gets the shaft.
    22 Feb 2014, 09:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » OAG

     

    Wouldn't surprise me one bit .coin !!
    22 Feb 2014, 09:53 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    Nothing changes does it !
    22 Feb 2014, 09:54 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Tony senior used to tell me "Al it doesn't get any easier,that's the change you need to prepare for now on"
    22 Feb 2014, 09:58 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    JBT
    LOL
    23 Feb 2014, 09:09 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » Was the FED behind the curve in 2008..How smart were they??

     

    http://huff.to/MK0eZT

     

    No surprise to me...

     

    Thoughts??
    21 Feb 2014, 09:21 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    IT Obama is revenge for the whole pre Obama debacle,
    they all got Caught with their pants down,kicking your neighbors dog to the left for what your neighbor did to the right then killing your own unnecessarily while your attention is diverted to managing an impending meltdown.Our guys knew in the 90's what was going to happen,but you have to do what some politician says that's the law and it's a democracy for the people for better or for worse.
    22 Feb 2014, 02:41 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    Would highly recommend taking the time and effort to learn TA.
    http://bit.ly/oyRw8u
    It's free.
    22 Feb 2014, 04:36 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » TOMMY

     

    I am almost 60 years old... It would be like learning how to play cards .. I cannot afford to lose as I learn. That ship has sailed for me..lol

     

    But I will look at the links sent. I invest with a way different method...THE *IT FIB* !!!
    22 Feb 2014, 06:15 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    60 years old or 60 years young? IT, TA is another tool in an investor/traders tool box. Coupled with FA
    improves the probability of earning.
    Knowledge is power.
    23 Feb 2014, 05:46 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Also,I can not afford to loose,we life in an area where there are no jobs,have been self employed for many years,people in my era can barely keep up with cost of living. Trading is my only option,to provide income for my wife and myself.
    Personally dislike gambling,never bought a lottery ticket and in Las Vegas mostly enjoyed the buffets,entertainment(... music,and gamblers) and cheap hotels. Sure there I spend $50 playing slot machines but no more.
    23 Feb 2014, 06:02 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Tom,
    we're i'm at mostly too if you don't have a Scott trade your collecting,even.
    Everyone around here has had or has some kind of assistance except me and that's about pride.

     

    Good morning.
    23 Feb 2014, 07:07 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Good morning AL
    I'm not even eligible to receive assistance. Born and raised in Austria,lived some years in the US and now in Spain,in my case it's not about pride but survival. But hey no complains,life is a journey,where it ends is no mystery.
    23 Feb 2014, 07:38 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    I think i would have to go broke and believe me the assister's would oblige me their.

     

    Good morning Tom,Your right it's no mystery it's the quality of getting their and the exit.
    23 Feb 2014, 07:46 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Tom,I am exited to see your skills with leverage get you back up the portfolio latter i think in today's market it's a necessary tool.Great place to practice,observe and learn.
    23 Feb 2014, 08:01 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    You are very kind,AL,thanks!
    Leveraged 3x are powerful trading vehicles.
    Carefully timed can be very rewarding.
    Find it very misleading when they are called investments,not wise to hold on too long.
    Since I'm still long (TZA) my plan for this week is the following,if markets turn down on Monday will add more,if not cut losses and move on.
    23 Feb 2014, 08:34 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Is *IT FIB* Fibonacci?
    23 Feb 2014, 08:37 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Tom good work just calling it as it is,lets survive this ! Monday here we come !
    23 Feb 2014, 10:22 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » TOMMY

     

    Living in SPAIN can you tell us what is really going on with your economy ?

     

    Is it different then what we see on TV ?
    23 Feb 2014, 02:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » TOMMY

     

    No, it is my own method of trading. Kinda like a long running joke . But I do put thought into it !!

     

    Just make predictions. Those Elliot waves are a farce to me...All I read is they are right 50% of the time. We have Avi here who owns a company that uses it. Read his articles carefully and you will see some many different options it will spin your head.

     

    BTW ..He was a lawyer turned trader.. So need I say more ?
    23 Feb 2014, 02:10 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    Don't know what you see on TV,but would call the economy in Spain to be in depression. A lot of pain among the people,up until 2011 there was still hope of a turnaround,now that's gone. Will write more if you'd like,dinner is ready,be back in a bit.
    23 Feb 2014, 03:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » TOMMY

     

    Please expand on it as long as you like. How bad is unemployment there ? What do the citizens think about their government? You seem to think their is no hope yet we read Europe is improving, is it ? What do you define as a depression, as how is the daily life? ETC.

     

    Take as much space as you like. I would love to learn from a person living through this!! You have moved around so compare what you see..

     

    But finish dinner first !
    23 Feb 2014, 04:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » TOMMY

     

    I STARTED A NEW CHAPTER AND WOULD APPRECIATE YOUR RESPONSE BEING DONE THERE. LIVING IN THE STATES AND MOVING TO SPAIN YOU CAN ADD SOME VALUABLE "BOOTS ON THE GROUND" ANSWERS THAT WE MIGHT NOT SEE ON TV..

     

    http://seekingalpha.co...
    THANKS!
    23 Feb 2014, 04:16 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Don't like Elliot wave much neither,but it has it's time and place. Same with Candlestick patterns,De mark.....
    Most traders use TA and when particular patterns are forming and brakeouts/breakdowns do occur,they respond. Kinda like Tack put it "get their pants wet".
    It is very helpful to be able to identify resistance and support zones.
    23 Feb 2014, 04:29 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    For example if in the next days (SPX) does break above it's previous high's,a fast melt up will occur. Why,because shorts will be covered and new longs initiated.
    No TA is not 100%, please don't ignore TA because of some flaws. FA is not 100% either but you still use it.
    23 Feb 2014, 04:32 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Also to really understand central banking, one needs to go back to it's origin. Very smart people without a doubt.
    http://bit.ly/odgv5Z
    22 Feb 2014, 04:45 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Tom,
    Good morning,the gas Bull seems like the only game left in town except for good ceuticals.
    22 Feb 2014, 04:53 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Good morning AL,congratulations,on your gas trades! Will most likely move you way up in the pyramid,unless someone else follows your lead. I will.
    $5.57 was easily broken this week and as long as that level,now support holds, will continue up,next resistance is at $7.30.
    Beyond that a target of $10 plus is quite possible.
    Somehow I think that weather is not the only factor,something else is going on.
    Bullish on Gas,bearish on the general market,now that must be very confusing to those that consider this Blog to be a doomer gathering. I got a message for you folk's,open your mind and get rid of your bias.
    22 Feb 2014, 06:12 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Tom Good morning welcome aboard,you know Tom nothing like the smell of Gas in the morning.
    22 Feb 2014, 06:22 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Willie Nelson and (CORN).
    22 Feb 2014, 06:44 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    For one eventually get Eddie and keep him as an anchor.
    22 Feb 2014, 07:38 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » AL

     

    Ask my wife that one !!
    22 Feb 2014, 06:16 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Personal prefer to smell coffee in the morning AL.
    Don't like gas,although use it for cooking,but one should not fall in love with any asset class!
    22 Feb 2014, 06:44 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Here is another bullish outlook. Coffee!
    1st wave (113-143),2nd wave (143-135) in the form of a bullish triangle( continuation pattern),3rd wave(135-172),now most likely in the stage of 4th wave (consolidation).
    I will attack the 5th wave hard,should be around 30 points like wave #1.Since wave 2 was shallow ,I expect the 4th to be a bit deeper,to around 155.
    22 Feb 2014, 07:10 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » TOMMY

     

    This ain't good news for a bull market !!

     

    http://on.wsj.com/1bXoBz0

     

    Run for the hills !!!
    22 Feb 2014, 09:19 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    How bad is it ? How far up does it go ?
    22 Feb 2014, 09:22 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    IT is rich - he subscribes to the WSJ online. ;)
    22 Feb 2014, 09:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    Nah, I copied the post .

     

    Scary isn't it though..
    22 Feb 2014, 10:00 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Nah. About time money started moving in from "small investors".
    22 Feb 2014, 10:32 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » But all time high ??
    22 Feb 2014, 10:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » But all time high ??..
    22 Feb 2014, 10:51 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Read below,high octane welcome aboard.
    22 Feb 2014, 10:56 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT steals his neighbors Sunday paper :)

     

    Beat buying it I guess...
    23 Feb 2014, 12:56 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    I have Al Gore's internets - no need for a Sunday paper. ;)
    23 Feb 2014, 12:58 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Ha ,already live in the hills/mountains.
    And yes it seems to be a classic that small investors start buying when an asset has made a run up.
    23 Feb 2014, 06:12 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Coffee and Gas and ceuticals and metals with the horsemen of course ! Pizza & soda pop and (T) so we can communicate our love for things.
    22 Feb 2014, 07:20 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    And corn,sugar,soy,wheat a doom caller defeat!
    22 Feb 2014, 07:31 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    No way we are on our way to the promise land,Hey tom what Gas Bulls are you going to ride next week and will you transfer to the retailers and Gas Bull inverses.
    22 Feb 2014, 07:35 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Not quite sure,inverse not yet,more likely go long (UGAS) or (GASL). Do have retailers on the watch list,though.
    22 Feb 2014, 08:14 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (843) | Send Message
     
    Good Morning Folks. Sure do enjoy reading you, and you are so civil about it. Anyway, I am getting so tired of all the blame the weather gets for our sluggish [at best] economy. My feeling is that the general populace has learned a little frugality over the past 5 years and found it not to be too distastefull. For instance, why would I eat at a fast food restaurant NOT being armed with a BOGO coupon? Groceries? If it ain't on sale or something that has to be bought, I wait & hope it is on sale next week.
    5 years is a long time and many folks had to upgrade their old gas guzzlers, getting twice the mpg is quite common. I got $.50 off on 14 gallons last week by using a grocery store incentive program, bought $25 worth of frozen pizzas & french fries & there it was, $7 saved on that gas. Of course combining trips is very effective, I went out yesterday for beer & light groceries, first time out since Monday, total of 3 miles driven.
    Rambling along now, my point is that we have learned to pinch those pennies and it has become habitual for many of us. Should my finances improve materially, I will still employ many of the cost cutting practices I enjoy today. How is it that the "smart people" haven't figgered this out? Since it is hard to blame Bush 5 years later, the best they have for us is
    the weather"?
    Final note; Olympic overload has really set in. Will have mixed feelings once the games are over.
    22 Feb 2014, 08:12 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    nocnurzfred,
    Absolutely Brilliant commentary it is so complimentary to the amazing talent we have at Interesting Times,we are so fortunate to have the portfolio challenge 22 brave dedicated marketeer's ! 23 would even be better !
    22 Feb 2014, 08:19 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    nocnurzfred
    Well said.
    Be careful,someone will want to label you a doomer.
    The word realist seems to be nonexistent in some peoples vocabulary. Frugality is a fruit of necessity.
    Some years ago you would have been called cheap using coupons or waiting for discounts,now it's common practice.
    22 Feb 2014, 08:36 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (843) | Send Message
     
    "Cheap" is another tactic I use. The rare times I take my girl out to dinner, we both order tap water. It keeps the bill down, keeps the tip somewhat reasonable, and we have that bottle of wine {bought on sale of course]at mine or her place. Same for dessert, if we get around to it.
    22 Feb 2014, 09:35 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » NOC

     

    Glad you stopped by. How are those silver 1oo oz bars doing? Still using them as door stoppers..

     

    You are 100% correct on coupons. Ask me 15 years ago would I ever use them and I would have laughed at you. I know a few posters here who would still laugh at me..

     

    But I gotta say my wife can shop and almost come home with a ton of groceries for pennies. Plus it is the food we eat !! Seems some won't admit using them still.

     

    One day they will come out of the closet !
    22 Feb 2014, 06:20 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    (NOC) is a decent stock, and is on my watch list.
    22 Feb 2014, 06:40 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (843) | Send Message
     
    Only 1 IT. Keeps the breeze from slamming the door. Want to buy more, but the money just is not there. Had bet big on GPL. EXK, & AUY.
    Good to hear from you again.
    23 Feb 2014, 02:18 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    I concur.
    22 Feb 2014, 08:39 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » Spent all day showcasing my bunker...Seems to be drawing more interest lately..

     

    Some don't like what they see in the markets.. They could care less what the last 5 years have produced. It's what lies ahead that has them scared..
    22 Feb 2014, 06:22 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Ya the promised land,last chance to be a hero,ha !
    22 Feb 2014, 09:37 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    I will unfurl a banner when IT likes what he sees in the markets... ;)
    22 Feb 2014, 09:40 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    (PSEC)....Other then that nothing long term grabs me to start a new position right now..

     

    I still believe a better entry point is coming..

     

    So hold the banner..
    22 Feb 2014, 10:02 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » Since January 1st I stated the metals , (PSEC), and betting against Twitter were my plays..

     

    Right now the metals are up 10% YTD...

     

    I think I made the right call so far..(NUGT) was very good to me :)
    22 Feb 2014, 10:07 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    IT,

     

    Remember, I have looked back on 3 or 4 years of your posts. You have never been positive on the stock market. Metals? Yes, Stock market? No. Never.
    22 Feb 2014, 10:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    I could be wrong. I expected that the QE'S would eventually have a negative impact on the markets. Plus I would not be smart enough to know when to get out.

     

    However I was still invested until mid last year. Not 100% , maybe 60%...Then I bailed.

     

    But that doesn't mean I was positive about the markets, just rode the gravy train for a while..

     

    Still think we will suffer from Big O and it will not be pretty for a while.. After 2008 I was never comfortable with all the shenanigans going on..
    22 Feb 2014, 10:55 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Do you foresee a time in the future (EVER in the future) where you would be positive on the stock market? A 30% decline in PM's didn't shake you in your convictions, so I'm curious.
    22 Feb 2014, 11:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    I owned my physical way before the last 5 years. I just played with what I studied. I expected a bounce off of the $1180 price. It was oversold.. Hence the (NUGT) GAMBLE.

     

    So I am well into the green on the physical. Made money on that trade.

     

    Now as far as the markets go I will enter again. But it will be after a correction greater then the 5% we saw.

     

    Once I see panic selling, if ever, I will most likely add to my positions in the mutual funds. Still expecting a correction this year..

     

    If not cash never burns a hole in my mattress..

     

    Gold was not worth $1900 and I owned (DUST) back then since I have said I will not sell my physical.. I did ok then as well..

     

    Would I buy gold at todays prices ? Nope ! Silver? When it was under $20 I would have considered it. But my breakeven is way below that so no need to even consider it.. Same with gold.. If I bought at todays prices I would be doing two things.

     

    1) upping my break even
    2) adding more then what I set as my % of the portfolio set years ago.

     

    I am set on my physical.. Right now I am also set gambling with those leveraged bets too !

     

    2014 will be the year I am either right or I was wrong on the stock market and will decide what to do. But right now deep in my gut I am skeptical..

     

    But do I want back in one day? Sure !!
    22 Feb 2014, 11:57 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Just admit that you will never be positive on the stock market (even as you fought its rise of over 100%), and you will always be a PM fan (I did not say "bug", lol), regardless of which direction it goes... It won't hurt...

     

    You may find it cathartic, much like an alcoholic who finally comes to terms with him or herself...

     

    Just trying to help. ;)
    23 Feb 2014, 12:10 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT.

     

    I will admit gold and silver going up in tandem with the stock market has me concerned.. That should not happen.

     

    I did buy after the crash in 2008 and held on for quite a while.. Again panic selling is when I bought.

     

    I gave you my reasons and my family is happy with what we have made from the markets so far. I know i can't catch a falling knife. I have asked recently about mutual funds ( check my posts:)

     

    Starting to do my homework on what I will buy if we correct in 2014..If not , oh well I will just join the party.

     

    I do find it funny that people always mention a 100% rise yet fail to mention what happened right before that ! Amnesia I guess:)

     

    I know plenty who when they finally broke even the bailed out and have no interest in getting back in. But were a decade older then you I think.

     

    So your situation varies like everyone's does..

     

    But thanks for the help and please feel free to think of me highly as I know you do :)

     

    But believe what you want :)
    23 Feb 2014, 12:31 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    IT you pay the bills take care of other people and like me,have to keep the carp coming in and managed while their is 12 vicious mofo's tying to get a piece of it for nothing in good ole brutal heartless yankeelund,you get out their and their and keep piling that green up cause you ain't going to have it long and with have to pile it again and again.
    23 Feb 2014, 12:32 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    IT,

     

    Yes. I will bet all my money that you will never be a stock market bull, and will forever be a PM bull.

     

    After reading your posts through a PM smackdown, and a stock market (long) bull run, I know this as fact.

     

    You and your family are happy, so good on ya'. ;)
    23 Feb 2014, 12:42 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    5 years is a long run? Then I guess that decade of the DOW being flat was what? forever. 2008 never happened either ? WOW !!

     

    I was as transparent as I can be, more then anyone who posts here. So believe what you want.. You know nothing as "fact" unless you advise me...Let's be clear about that !

     

    But I think I have given you enough of my personal plan. How bout yours now ?

     

    Let critique it !
    23 Feb 2014, 12:48 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Buy dividend paying blue chips, through ups and downs. That's it, in a nutshell. I'll sell at a gain, which I think differentiates the two of us. I will also sell to avoid a massive loss, too. You won't.

     

    Your personal plan is to end up a skeleton, clutching your gold coins. ;)
    23 Feb 2014, 12:53 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (843) | Send Message
     
    al; WTF was that rant about?
    23 Feb 2014, 02:26 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    noc;the quality of american wti,investment strategies,and the refining process and finished product cost.

     

    ...and a primarily Gold investor with proven success can say what he wants about the rest of the market at this point,the onus is on the blue chip holders.Gold vs, stock is an old argument here.
    23 Feb 2014, 08:37 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    The pressures on going into spring 2014 from Insurance to energy,2015 is only going to be more expensive,It does look like a melt up is in the future and the survivors have one quality in common.
    23 Feb 2014, 08:53 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JBT

     

    Sold (NUGT) and (DUST) for significant gains. Sold some mutual funds for both gains and losses over the years.. My investing philosophy is personal...But won't sell my physical just yet . No need to ...

     

    Me thinks you have no idea what I do :)
    23 Feb 2014, 02:16 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Interesting Times indeed!
    Here is an article from the Spiegel from this weekend.

     

    http://bit.ly/1fILUYD

     

    IT,notice the silver necklace!
    22 Feb 2014, 04:49 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » TOMMY

     

    She sure likes her metals doesn't she ??
    22 Feb 2014, 06:09 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4444) | Send Message
     
    Most women do.
    22 Feb 2014, 06:41 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » Ben had no idea what they were though...
    22 Feb 2014, 06:52 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Yes,women like to be color coordinated,I think pearls would match her hair also!
    23 Feb 2014, 06:43 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    I have a question how and when would ctrl+shift+N be used.
    22 Feb 2014, 06:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » 60 degrees in NY today !!

     

    The mall was packed ... Luckily the wife let me stay home..

     

    That family time has finally ended !!!

     

    Had to ref a few basketball games today before we go back to 20 degrees next week. I guess that polar vortex ( who names these things anyway) closes down the stores again..
    22 Feb 2014, 06:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » I might add and keep ruining the economy !! hehe
    22 Feb 2014, 06:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » The polar vortex is a perfect storm for railroad stocks, J.P. Morgan says

     

    Beneath this winter’s plentiful snow, railroads are emerging as a rare investment opportunity, J.P. Morgan analysts say.

     

    The surge in demand for coal from U.S. power plants is pushing up coal prices, and coal is by far the biggest cargo carried on U.S. rails, accounting for 41% of all rail tonnage and 21% of rail gross revenue; J.P Morgan argues that at some point, coal should provide a positive catalyst for railroad company stocks since it accounts for so much of their revenue.

     

    The firm likes eastern railroad plays CSX and Norfolk Southern (NSC) since their networks serve the highest concentration of coal-burning utilities in the part of the country hit hardest by the cold weather; Omaha-based Union Pacific (UNP) also is hauling a lot more coal as utilities rebuild their supplies

     

    ARE WE INVESTING OR GAMBLING ??
    22 Feb 2014, 06:54 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    your getting their.
    22 Feb 2014, 07:21 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1908) | Send Message
     
    Question: ARE WE INVESTING OR GAMBLING ??

     

    Answer: YES!
    22 Feb 2014, 08:27 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    It's a job.
    22 Feb 2014, 08:32 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    stay away from coal (JRCC) (ACI)sorry.
    22 Feb 2014, 07:53 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JPM.....Humm..

     

    Once you read a comment like that your a loser if you buy it.. Old news at this point !
    22 Feb 2014, 09:15 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Monday mornings conversation got me sick,my stomach
    just thinking of it,that's the past.
    22 Feb 2014, 09:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » AL

     

    A suckers play for sure !
    22 Feb 2014, 10:03 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Looks different as you get older,like an old dog or horse,who the H really cares,you end up like a sheep in front of the vet with unexplainable expression of that's it you that's it,out of the blue into the black...
    22 Feb 2014, 10:11 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Those guys arms are freakin long,longer than a bad opera....................
    22 Feb 2014, 10:16 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    They always do that when they want to unload something.
    23 Feb 2014, 06:35 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    It'll be alright.
    22 Feb 2014, 10:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » ANOTHER HEAD SCRATCHER FOR ME.

     

    We are going to be the leader in oil producing and lead the world exporting very soon. Yet the prices are going up at the pump weekly where I live.

     

    So when does the price break start ??

     

    I just don't get it....Produce more, pay more ?
    22 Feb 2014, 10:59 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    What do you do ?
    22 Feb 2014, 11:04 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    It's the season of the have not's.Forbid if you have a "farm".
    22 Feb 2014, 11:11 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Look at (PSX) WTI american is low grade and sour better than Canadian tar sand but our refiner infrastructure shot too,it's not all Saudi sweet crude anymore.
    That's why i'm watching fuel cell and the likes just walk from the stuff and something next generation that can be affordable and mass produced,be sorta like the tech boom.
    23 Feb 2014, 07:32 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » AL

     

    Good point. I did not know that >>>
    23 Feb 2014, 02:18 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    That's why they would rather export,process expenditure and wear and tear on the American and oil heaters,Brent's best for that (SDRL).
    23 Feb 2014, 02:48 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » AL

     

    Walk ??
    22 Feb 2014, 11:07 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Where ?
    WE both know the score,and it is getting short.
    22 Feb 2014, 11:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » gas station ?? Too expensive to drive there soon..$4 bucks is within spitting distance .
    22 Feb 2014, 11:20 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    O.K , We are all in a tight spot,and really don't like who's heal is on our neck,what then ? Just fade away in compliance and submission...
    22 Feb 2014, 11:26 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    no,our race is worth it,i'm getting old,but our race is worth it,even the animals.

     

    Stupidity really is the only enemy we have,that's it.
    22 Feb 2014, 11:33 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    IT Monday we get back and at worst fake it,it still pays.
    22 Feb 2014, 11:40 PM Reply Like
  • CWinn1970
    , contributor
    Comments (396) | Send Message
     
    IT, that's cause you live in NY. The liberals live to tax! I think Cali is the only state higher.
    23 Feb 2014, 12:05 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » YUP..NY is one of the worst. Some drive to NJ to fill up. Now the new trick is to post a price about 10 cents below the nearest station.

     

    The kicker is in small print it says cash only !!

     

    Got caught once a few years ago .Never again !!

     

    Close to $3.70 now...
    23 Feb 2014, 12:33 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    They had your # before you got their,SA is right about cash.
    anyway when are you going to the next level on the challenge(UGAZ)???
    23 Feb 2014, 12:42 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Answer me please monday get to that portfolio and put the whole nut on 3x mega cap leverage and the argument will over .
    23 Feb 2014, 12:46 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » AL

     

    I play the challenge like I invest in life. I don't care where I finish. I hope all are in the green.

     

    But I am content with my return so far. My plan is the same in my RLF !!

     

    Add in a few mutual funds to it as well..
    23 Feb 2014, 01:03 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Alright,Somebody on put ed in the penalty box because they want to see more"revenue" Home & Gas station,can't win.
    23 Feb 2014, 01:10 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    It's just that the challengers get nervous when they see their leader behind some guy quit and is absent and his portfolio runs auto week after week ahead of the boss,kinda like obama.
    23 Feb 2014, 01:31 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » AL

     

    I will take a 20% return annually every year !!
    23 Feb 2014, 02:19 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    That's the minimum,guidence has to include a seris of big ticket items to preserve principle.
    23 Feb 2014, 02:52 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    Raise in cost realities hit us all this weekend,also maybe some mailbox stuff to add in the mix.
    23 Feb 2014, 01:27 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    or dinkins.
    23 Feb 2014, 01:35 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (843) | Send Message
     
    Useuasly read every comment, but this has become nonsensical. Not even sure what is being discussed here now.
    23 Feb 2014, 02:32 AM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    nocnurzfred,

     

    Good morning it was about fuel cost,home and vehicle
    investment approaches the disturbing news from the banking sector raise in cost warning letters in the mailbox...past 1pm on a Saturday night.
    23 Feb 2014, 07:16 AM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » NOC

     

    When the weekend comes we go off on tangents.. It helps learn about each other.

     

    Monday were back to business..!!

     

    You do know we have an investment challenge going on right ? It has a different link. If you need it just let me know .. That might answer some of your questions as well..
    23 Feb 2014, 02:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » Transcripts show how Fed took time to understand scale of crisis

     

    Transcripts of FOMC meetings during the financial crisis in 2008 provide an insider's view into how the Fed dealt with the ever-growing disaster, including the rescue of Bear Stearns, Lehman Brothers' bankruptcy filing and the bailout of AIG.

     

    "My initial takeaway...is that they paint a disturbing picture of a central bank that was in the dark about each looming disaster throughout 2008," writes Gretchen Morgenson in the NYT, "That meant that the nation's top bank regulators were unprepared to deal with the consequences of each new event."

     

    In March 2008, for example, then NY Fed chief Timothy Geithner thought banks were adequately capitalized.
    The NYT also profiles Janet Yellen's role, saying she "often became the most outspoken defender of the (Fed's activist) policies, and a reference point for others."

     

    So as we see our leaders maybe should not be leading? Or where are they leading us ?
    23 Feb 2014, 02:27 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    It we have to have a whole green 22 member chart,we have to get everybody green.
    23 Feb 2014, 02:32 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » CAN SOME OF YOU EXPERTS COMMENT ON WHAT HAPPENED IN Germany when they printed money (qe's ) in the 30's ?

     

    I believe it was then and I also think it lead to a huge market correction and hyper inflation. A lurker did not know money printing has happened before and I would appreciate someone else responding who would know more about what happened.

     

    Did it work? Was the outcome good or bad ?

     

    Thanks !
    23 Feb 2014, 02:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » I might add the lurker feels what happened in the past has nothing to do with todays investing

     

    Thanks!
    23 Feb 2014, 03:14 PM Reply Like
  • al roman
    , contributor
    Comments (18402) | Send Message
     
    IT your not quite like Dink i didn't mean that way.
    23 Feb 2014, 03:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » moving on to a new chapter !!

     

    http://seekingalpha.co...
    23 Feb 2014, 04:17 PM Reply Like
  • John Wilson
    , contributor
    Comments (2033) | Send Message
     
    IT

     

    You mention Gretchen Morgenson in the NYT.

     

    "My initial takeaway...is that they paint a disturbing picture of a central bank that was in the dark about each looming disaster throughout 2008," writes Gretchen Morgenson in the NYT,

     

    This is on my reading list but I have not gotten to it yet, by Gretchen Morgeson, 2011 book:

     

    "Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon"

     

    I see there are used copies for $1. I am going to get one.

     

    Regarding money printing and has it happened in our past before 2008?, remember that one of the primary purposes of the Federal Reserve Act of 1913 was to create a CB that was enabled with the power to do exactly that - print money.

     

    SEC. I6. Federal reserve notes, to be issued at the discretion of the Federal Reserve Board for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are hereby authorized.

     

    Also through Open Market Operations they can buy back T-bills and bonds by creating money electronically to do so.
    http://bit.ly/tWl5Cj

     

    So, yes - we have a Federal Reserve because they wanted to be able to freely print money.

     

    Notice when they print money, you or I don't see any of it. No, it goes to the next big bank or institution that needs to be bailed out. Then it gets added to the national debt and then it is monetized and then our money goes down in value.

     

    Germany 1930s and Zimbabwe resorted to hyperinflation which did not work for them because their currencies were anything but world reserve currencies like the dollar is now. We can only get away with it now because of the dollar status as a reserve currency and the use of the dollar for international oil trade. As these statuses diminish, the ability to get away with printing trillions of dollars out of thin air will disappear too. Zimbabwe is an inevitability down the road.

     

    Interesting thing about Zimbabwe, is that they started confiscating private assets like farms and then the inflation began. MyIRA is just one sign that the gov't is getting more desperate. A little about Zimbabwe:
    http://bit.ly/Syhhfu
    23 Feb 2014, 04:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (15184) | Send Message
     
    Author’s reply » JW

     

    Thanks for going into detail !
    23 Feb 2014, 05:01 PM Reply Like
  • John Wilson
    , contributor
    Comments (2033) | Send Message
     
    Regarding Central Banking

     

    Tommyinexile up above on Feb 22 posted a link to the Rothschild family and their infuence in European and US banking.
    http://bit.ly/odgv5Z

     

    Have anything else to add about this Tommy?
    23 Feb 2014, 04:53 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    John
    Not much,you stated it pretty well,I do believe that the Fed's creation was also about preventing Bank runs,hence the mandate for money printing!
    It's also a private entity,not a public one,as commonly believed.
    Have seen some time ago a chart from the 1700 to now.
    Up until the Fed was created there was barely any inflation,and after that it just took of hard.
    You could have buried those silver coins for almost 200 years and still pretty much had the same purchasing power.
    24 Feb 2014, 04:48 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Regarding Germany and hyperinflation.
    About two weeks ago there was an article about that in the Spiegel,which showed a foto of a 25 trillion or Billion (sorry can't exactly remember) Reich mark Bank note!
    That got me curios and did a bit of research.
    Germany devastated France during WW1.With the help of the US,Germany got defeated and France and allies made the Germans pay,basically that's when the money printing started.
    Wikipedia has got some good articles about that.
    24 Feb 2014, 05:15 AM Reply Like
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