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Dow 30 Trading Ranges [view article]
"JNJ is approaching its theoretical high"... How do you calculate the theoretical high or low. Thanks. ReplyDow 30 Performance Since 7/15 [view article]
I am an independent / conservative when it comes to politics. Big business / Unions / Big Government are the are the cause of America's economic downfall that we are witnessing today. A student of history understands that America is following the way of the Romans as corruption from within saps its strength and vitality. It seems to be a cyle that humans repeat over and over again. Apparently, the human race seems to follow leaders who appeal to the worst and not the best of our character traits.The Republican party lead by Bush and his chronies sought to Control America by using the FEAR TACTIC, a tactic used by Fascist regimes. The Democratic party on the other hand sat idly by not wanting to be considered whimps by challenging the Republicans who were just plain MEAN AND DUMB - M.A.D.. America deserves better and we are not getting better. Our educational system is mediocre to that of developed countries throughout the world. Our manufacturing base has been decimated while our politician - Bush in particular - brags about how resilient our economy when the federal debt has more then doubled in size since he took office and will increase expodentially in the very near future as the baby boom generation retires.
The Comptroller General of the US has been ringing the alarm bell regarding the financial calamity that will befall the USA in the immediate future and Senator McCain goes around the country singing the same song that Bush has been singing for the last 8 years. Bush and McCain are the real life Dumb and Dumber twins. America will know what true pain will be like should Dumber becomes our next President.
Senator Lieberman is in love with McCain because he knows McCain will not hesitate to drop 'THE BOMB" on Iran. Should you be scared if McCain is our next President? DAMN RIGHT YOU SHOULD BE!!!!!
On Jul 27 01:23 AM caradiodoc wrote:
> Who is the ignorant one? The previous writer. It is proven over and
> over again that you stifle what you tax. (Cigarette tax is proof).
> When Reagan cut taxes, tax revenue went up because people had more
> of their own money to spend, and every time it changed hands, the
> government took another cut. You can't argue with facts. It has also
> been proven that "Reaganomics"... worked, and it took ten years,
> just like he said it would. How did he know? It was done before,
> only the media didn't give it a name when President Kennedy did it.
> Eventually every cent of every dollar finds it way back to the government;
> at issue is how many hands it helps along the way. Also, Bush did
> not cut taxes; the previous Republican Congress did it, Bush just
> approved it. And since then, revenue has steadily increased again.
> Now you want to increase the tax burden, have less money to spend,
> and have less money in the treasury so we'll have to raise taxes
> again. Only an idiot would burn his ax handle to stay warm. Only
> an idiot would propose raising taxes and expect to find more revenue
> in the treasury. Those idiots are in the majority of Congress now
> and will probably remain so thanks to the many uneducated voters.
>
>
> If the previous writer thinks government is the answer to his problems,
> (since he apparently can't take care of himself), I suggest HE pay
> more taxes, and leave the rest of us alone. In fact if more taxes
> are the answer, where should we stop? I already lose 51 percent of
> my paycheck to the government! Should I pay 60 percent? 70 percent?
> How about I just give them 100 percent, then get food stamps to buy
> food, a welfare check to buy clothes, live in government-subsidized
> housing, get "free" health care like the suckers in England are complaining
> about, and let some government agency approve money for my every
> need. Sounds kinda like Communism, doesn't it? Hillary Clinton has
> been spewing quotes from Karl Marx; I guess that's why she's so popular
> among the uneducated masses.
>
> Whatever happened to self-reliance? If you think you can't afford
> health care, get off your lazy butt, get an education, invest in
> yourself and your future, and get a good-paying job. The Democrats
> love to play on class envy, pitting the wealthy against the rest
> of us, the greedy business owners against the lowly workers, the
> fearful against the risk-takers. So where would the workers be if
> there weren't people willing to risk starting a business? If a business
> owner is successful, makes a good living, and provides many jobs,
> why should he be punished with higher taxes? Why do we reward laziness
> with government handouts?
>
> If you want to see where we are headed, look where we came from.
> 1800s: No excessive taxes on every imaginable thing. Hard-working
> people built this country into the richest one in the world in less
> than two hundred years. Everyone was responsible for themselves.
> Handouts came from the church. People worked hard and kept what they
> worked for. They saved for the time when they were too old to work,
> and were often a part of large extended families. No one cried about
> the government not taking care of their every need. How silly! You
> worked hard in school. Your parents knew that an education was the
> ticket to a higher standard of living, and teachers were willing
> to put in the hard work to help you. If you misbehaved, you were
> punished twice; once at school, and again at home. There was no reporting
> of "crime rates". There wasn't enough to twist into a news story.
> Friends and neighbors participated in "barn-raisings&am... There
> were no property taxes and you didn't need a permit. The country
> was built on hard work. Hard work and success were respected. Hard
> work led to success which led to increased self esteem which would
> have been laughed at as a topic of intellectual discussion.
>
> 2000s: Everyone must have two cars, a boat, a house nicer than their
> neighbors, new tvs, computers, and 2.3 kids with all their whiny
> wants. Aging parents are warehoused in nursing homes so we are free
> to hold down a better job to earn more money to pay for the nursing
> home. If you prepare for a career in a very practical trade school,
> work hard, are a good, reliable employee, you will be punished with
> higher taxes. If you drop out of high school because you are too
> lazy to apply yourself to the minimal demands of the teachers, you
> will be rewarded with government handouts. Everything is based on
> meeting your wants and needs with other people's money. If you spend
> irresponsibly, you can look to the government to bail you out. When
> the government spends irresponsibly, you cry the loudest about what
> idiots they are. (Yet we keep re-electing Ted Kennedy and Dave Obey
> over and over because they keep promising to give you something they
> took from someone else). If you do the responsible thing and save
> for your retirement, you will be punished with taxes on your sad
> little interest income, punished with taxes and penalties if you
> want to use your own money before a certain age, and this one just
> boggles the mind: People like the previous writer chided President
> Bush for pushing for private retirement accounts! What in the world
> is wrong with investing your own money where you want to, and keeping
> what you earn?! Social Security is the biggest joke ever shoved down
> our throats. Pay and pay and pay all your working life so you will
> get a tiny percentage back later! Who puts a dollar into a savings
> account with the hope of withdrawing 40 cents a few years later?
> And then you're happy when you get a "cost-of-living&a... increase
> to 42 cents. Teachers are not respected. Any attempt at discipline
> is thwarted by parents. Children are taught that there are no repercussions
> for their actions because mommy and daddy will always come to their
> rescue. There's no need to take responsibility for your actions.
> Valuable school time is wasted on self esteem, the current popular
> misconception dreamed up by some over-educated idiot. (I recently
> ran a class for twelve 12th graders from five different high schools
> (really good kids). Not one of them could do 12 divided by 6 in their
> heads! "We need a calculator" was the reply from two of them, . .
> . but they felt real good about themselves). Self esteem is a result
> of learning through hard work and accomplishment, but many today
> would have you believe you will magically learn more if we make you
> feel good. And people fall for this nonsense, well, at least until
> the next misguided theory comes along.
>
> So here we are at 2008. Unbelievable medical research has given us
> much longer life spans, amazing cures, and a better quality of life.
> But there are some who want to kill the goose that laid the golden
> egg out of fear they might not be able to afford the cure that didn't
> even exist a few decades ago. You can not name anything the government
> manages better than the private sector so why do we expect the health
> care system to be the first thing the government runs successfully?
> Hospitals will no longer have sufficient funds to buy new advanced
> equipment. There will be a reduction and slowing of results from
> research facilities. How many thousands of people will be needed
> to track all the paperwork, all funded by the taxpayers so they can
> have "free" health care. Ask anyone from Great Britain and they will
> tell you that free health care is just too expensive and of very
> low quality. We have already been reduced to a second-world nation;
> how much further do we need to go before we realize how much we've
> given up? If you think I'm off base, ask yourself how many amazing
> cures have come out of England, . . . or France, . . . or Spain.
> All major research has been taking place in the United States where
> most of it is funded in a responsible manner with private dollars.
> And this is the system the uneducated want to dismantle!
>
> I'm so tired of people knocking President Bush. He sees a much clearer
> picture of where we're headed, and is constantly ridiculed for looking
> to the future by people who don't have any sensible answers, just
> criticism. Please remember that the President does not make new laws
> and policies; he only signs what is brought before him. And right
> now that's your Democrat Congress that takes and takes and takes,
> and scares you into believing the other fellow isn't giving enough.
> Well you're that other fellow sucker.
>
> So you got mugged in a dark alley, huh? He took your last $100.00?
> Don't worry, he has a plan. He's convinced you that since you now
> have no money, you must rely on him. He gave you $5.00 to buy a burger
> and Coke. You are so grateful, and you know you'll be needing his
> help in the future so you stand guard over his alley to prevent the
> cops from nabbing him. How wonderful to have such a great benefactor.
> Of course as time goes by, he will mug more people, and you deserve
> more of his take. You will complain loudly until he gives you $6.00.
> Now you can get that bigger burger you wanted. Every day he mugs
> more people, but don't feel guilty; it's "your" money he's giving
> you!
>
> Final thought: Why is it most young people, (old enough to work and
> vote, young enough to have no concept of recent history), think the
> government hands out free money, and will vote for any Democrat who
> promises more? Why is it most middle-aged people figure out they've
> been duped, come to their senses, and realize what's good for their
> employer is good for them, and good for the country? We vote for
> the responsible Republicans who push self-reliance, hard work, and
> keeping the results of your hard work.
>
> Democrat: You must fear of what will happen without us.
> Republican: Government must get out of the way and let people continue
> building a great nation.
>
> Democrat: Say and promise whatever you want to hear so we'll get
> re-elected.
> Republican: Say what needs to be said for our own good, even at the
> risk of not getting re-elected.
>
> Democrat: The other group, (the wealthy, the big business, the entrepreneur)
> is bad and you need us to fight them for you.
> Republican: What looks like a benefit to one group will result in
> benefits to everyone. The world ain't fair; not everyone gets the
> same sunshine, but you should be free to move yourself to where there's
> more sunshine, . . . if that's what you want. Reply
Dow 30 Trading Ranges [view article]
Interesting chart....What is the significance of the Money Flow indicator?
Thanks Reply
nvestor
Disney's Animation Moat Stays as Wide as Ever [view article]
Disney most certainly does not have an unassailable moat - it bought it's newest defense from obscurity in buying Pixar which has it's culture and act together. But Dreamworks and BlueSky have crowded the high end animated film market with good offerings with steady box office the last few years. Disney has burned so many bridges to what made it the master of animation over the years that it has to rely on theme parks, licensing and Walt's fading legacy to stave of irrelevance in this market. Replyng
Disney's Animation Moat Stays as Wide as Ever [view article]
This company to me should Keep you out of trouble but under 28 your risk reward increases Replyr
Disney's Animation Moat Stays as Wide as Ever [view article]
I'm not averse to hearing a DIS pitch, but let's be honest: the pitch for DIS can't be that digital animation gives DIS a moat against competition.jadedconsumer.blogspot...
Look at the new competitors, including Pixar, which so overtook the field DIS had to buy it to remain credible. Brother Bear? Please!
As I read your piece, I see you describing a trade thesis to $40-$50, not an investment thesis for the decades. You might have a trade, but I don't think you have an investment with a moat against competition. Reply
cannot
compete!
Dow 30 Performance Since 7/15 [view article]
cardiodoc: Thank you sir! You are a fine American!! Agreed across the board. Wish more folks could think logically and see the light!! Reply$120 Oil's Struggle with the Dow Industrials [view article]
Compliments Mr. Hansen. If you note my comments since March, you'll notice about every other comment me reminding investors about the market earthquake, tsunami effect.I feel it is a responsibility to remind the investor community that after every market shock (March - Financial, June - Oil) That the real financial pain happens 3 or so years out. I remember 1987 and my food service teacher in high school showing me this. He was a retired Air Force base commander and a fine man.
The investor community has become more aware of bubble economics but historically the comparisons of now and then seem 1970's based on charts at this point and becoming the 1930's. I hate doom & gloom but love facts and research. The best money can be made in massive booms and massive busts. It seems you can become fabulously wealthy or fabulously poor and the research becomes very critical in which camp you find yourself in.
Your correct, regression models and other comparative research is not always perfect, but they are major indicators. This economy seems like it shed about half it's excess capacity from the March crash (shock, whatever you prefer) and the we saw a tipping point on consumer spending of more permanent demand destruction.
From here it seems it will be in a slow deflation over a three year period, cumulating to depressionary conditions and then based on Washington response, perhaps a recovery occuring in 2012 and Bull by 2013. Historically, global money problems create big military misadventure so my forecast may change based on such unpredictable geopolitical side effects/events. Thank you for taking your time to educate! Reply
ing
$120 Oil's Struggle with the Dow Industrials [view article]
even china was growing rice in those times is a very interesting comparison, including a weakened US financial position after aexpensive war (there is any cheap one?), the consequense is clear, we are just starting to experience inflation and the interest rate increase to 15% is 10 years in the future, gold must look cheap for Steven. Reply
ks
Disney's Animation Moat Stays as Wide as Ever [view article]
I agree with John Pseudonym, but I think it will go to $20. Then I am a buyer. ReplyPseudonym
Disney's Animation Moat Stays as Wide as Ever [view article]
That DIS chart looks terrible. I would sell immediately and wait for the $25 level before reconsidering.Reply
$120 Oil's Struggle with the Dow Industrials [view article]
Agree with conclusion. Interesting comparision of Dow and oil price trends in the 1970s and now. Conclusion of a very tough time in the years ahead is well supported by numerous other writers who analyse other factors like financial instability in the economy, cycle analysis. No wonder Steven can retire at 45 and stay retired, what with his practical philosophy of making money in the short term and long term, investing with the flow of the market. Replyng
Disney's Animation Moat Stays as Wide as Ever [view article]
Nice purchase of Dis 5 years ago. I too like Iger as a CEO and on my freewebsite bought some in the 29s and sold it around 32. Company is wel suited but an overall drag on the mrket may drag this down further.Consumer staples make me more comfortable. Enjoyed the article very informative Reply$120 Oil's Struggle with the Dow Industrials [view article]
Nah we will not use dark ages fossil fuel too much of a headache and too polluting, we gonna switch to new age technologies such as electric and hydorgen-water techs. ReplyCablevision Gets a Win in Its Legal Struggle Over DVR Rights [view article]
Tivo has many value features that the Comcast DVR does not have. It knows the TV schedule, so it will record a program even if there is a time or date change. Also, it has wishlists, so you can automatically record Marilyn Munroe movies, for example. Comcast offers Tivo as an option. Reply