ULTRA QQQ PROSHARES (QLD)

All Comments on QLD

  • commenter
    lukkyjoe
    Oct 10 07:46 PM
    My Website
    Three Ways to Benefit From Current Asset Buying Opportunities [view article]
    rates may not go down further but do not be surprised if unemployment hits 10%. Experts are already predicting 10% in CA. Only solution is what the general public doe snot want to hear nor the banks. They need to step up the economy by wiping out some consumer debt. Hope Now has a program whereby when they forgive some of your mortgage debt to 90% of your homes current value, they will share in the equity gain but you must qualify using a FHA loan. Reply
  • commenter
    joeyknish
    Oct 10 09:29 AM
    My Website
    Three Ways to Benefit From Current Asset Buying Opportunities [view article]
    Jason I have to disagree.

    You need to be greedy when others are fearful, except the problem is the others are still trying to time the market and have cash sitting on the sidelines. The US is entering into a period of stagnant growth + inflation in the horizon, I'm very afraid of inflation since the Federal Reserve and other central banks around the world are injecting tons of liquidity in a capital restrictive environment. This will not translate into stock market gains for the future. Sorry to be all gloom and doom but this is the reality of the environment we're in.     Reply
  • commenter
    TRUSSO
    Oct 10 08:33 AM
    My Website
    Three Ways to Benefit From Current Asset Buying Opportunities [view article]
    Good Info. How about international properties, say like Central America.

    Thomas
    realtyexecutivescentra...     Reply
  • commenter
    JohnP
    Oct 10 08:32 AM
    Three Ways to Benefit From Current Asset Buying Opportunities [view article]
    You are kidding....right? Way too much cash in the system....and interest rates are not the problem..at least for housing...

    Only way rates go down that far if for unemployment to hit 10%...     Reply
  • commenter
    david rojas
    Oct 01 12:46 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    This guy is wrong. Wall street and g. w. bush are to blame. I've read an article on the "Asia Times" May 8th,2008 called "Why Spitzer was Bushwhacked". Now we are all "Bushwacked"...
    Dave     Reply
  • commenter
    kaps
    Oct 01 05:45 AM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    Good article. I agree with OldLimey..people of America have too much of free lunch..living off rich lifestyles on credit cards.. Reply
  • commenter
    David in D
    Sep 30 11:09 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    Pretzel Logic - Yeah, I said "Reaganomics has now been discredited" and I'll stand by that. Perhaps I need to nuance it a bit but without a doubt the doctrine that prosperity would "trickle down" and tax cuts for the wealthiest portion of America really benefit the general public is now in the trash heap. This isn't partisan politicing - I actually think Reagan did some great things - but the mythos that he helped normal working-class people such as myself is clearly false.

    My comment about the 60's and 70's was (admittedly) not specific enough. What I meant is to say is that middle class wages, as compared with the wealthiest crust of America, were actually much closer than what we have today. Clearly we have a widening wealth gap now and a squeezed middle class and ABSOLUTELY Reagan's notion of a tax cut for all and huge deficit spending was the start of our disaster today. (And by the way, for everyone who want to assert that "defense spending in the 80's brought down communism" and thus were justified deficits, I suggest you look at the correlation btw oil prices and fall of the Soviet Union. Many Soviet economist, post-fall, cite that as the main actual internal problem for the USSR - not Reagan's antics.)

    But I digress, instead or Reaganomics, we need a progressive tax code the lessens taxes for the middle class, holds upper middle-class taxes steady, and raises taxes on the wealthiest couple of percent of America. We should provide targeted incentives for job creation, but a tax cut for the wealthy and job creation are not directly (or at least efficiently) linked.

    To repeat, trickle-down economics has been discredited along with the Bush tax cuts. I'd be interested to hear other thoughts on this along with Pretzel's comments.     Reply
  • commenter
    David in D
    Sep 30 10:57 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    Markos, I'm feeling a little bad for you since so many are hoping on your back (me being one of them earlier). So, I'll back off and reiterate that I agree with you that nearly everybody is guilty in some way with this disaster. I also appreciate that you are taking a contrarian view and pointing out that Wall St. shouldn't be the only whipping boys.

    Here's where I think your article is nuts. To claim that Wall St. is responsible for America's prosperity because the guy "working at Wal-Mart" can "buy a car" misses the point. If lending didn't exist in its current form other possibilities would exist for transportation or other products (such as the scooter I ride to work) would be more popular and people would generally save money for what they absolutely needed (or they would ride the bus).

    The problem IS precisely that people - encouraged by Wall St banks - spent more than they could afford and assets rose to meet that false demand. Yes the borrower is guilty of having a bigger appetite than his Wal-Mart wage could sustain, but the tax payer surely should not bail out the banker who made the loan to a person who couldn't repay it. The borrower and the bank should go bankrupt and this is exactly what many people such as myself are saying when we say "you are out of touch with mainstreet." We don't want to pay for other's bad mistakes and I don't think Armaggedon is going to descend on us if we don't bail out the banks... tough times for a while... but not disaster. My daughter (who is now 3) is not going to be paying for this bailout if I have anything to say about it.     Reply
  • commenter
    Gingersnap
    Sep 30 05:47 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    I agree with the majority of the arguments made here and the overall theme but also feel that some mention of the rampant online day-trading get rich quick mentality that have turned Wall Street into the gambling den of Main Street should be mentioned. Main Street has put derivatives and stocks on par with poker chips and roulette balls. Lest everyone start to deride derivatives, it was derivatives that enables farmers to effectively manage the risk inherent in their business...derivatives of corn and what and other commodities built Chicago and Kansas City and New York and beyond. No, I will not argue that there are abuses and falsifications in the value of mortgage-backed securities/derivatives but don't throw the baby away with the basket based on the fear of God talk from politicians who have rude conceptions of the economy and the market. Stop panicking and betting on the failure of the economy and perhaps it might have a positive influence...Obama may have sounded naive when he said it but we do need to calm down a bit. Reply
  • commenter
    earlpearl
    Sep 30 02:39 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    they gave john gotti's hitman immunity [sammy the bull] he admitted to killing 28 people maybe more...the government did this to solve a bigger problem [the mafia] dozens went to jail maybe hundreds....do you get the point...give wall street immunity to save our way of life, to prevent 25% unemployment, to prevent 50 million people from filing bankruptcy.

    WAKE UP AMERICA     Reply
  • commenter
    hrant
    Sep 30 02:06 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    ARE YOU KIDDING ? actually I could not finish going through all the B/S in this article .
    bottom line : last few years top 1% got very rich and the rest of us got Scr...d.
    I am NOT buying any of this $700 billion deal ,until I see some people got to jail for hurting this great country.     Reply
  • commenter
    constructe
    Sep 30 01:21 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    According to research produced by MAPLight.org, House members who voted yes on the proposed bailout package received 54 percent more money from banks and securities than members who voted no:

    [O]ver the past five years, banks and securities firms gave an average of $231,877 in campaign contributions to each Representative voting in favor of the bailout, compared with an average of $150,982 to each Representative voting against the bailout – 54 percent more money given to those who voted Yes.

    Democrats who voted yes received “an average of $212,700 each, about twice as much as those voting No, $107,993.” Republicans who voted yes “received an average of $273,181 each, 50% more than those voting No, $181,688.”

    Sounds like you just want to get out of your positions or mitigigate your loss. People are voting for it out of greed. The simple fact remains. Banks hold $61 trillion in credit default swaps. That amounts to 85% of the US's assets. Does Paulson's idea of spending 1% of all the US's wealth sound like enough to bail out 85% of te US's wealth on bad gambling by Lehman, Bear, Goldman, Morgan Stanley, AIG, Citicorp, Watchovia, and Washington Mutual who are among the worst offenders? To them it's a appitizer. To most everyone else it's a giant chunk of change.

    Don't vote based on greed. Vote based on rational thought.
    Reply
  • commenter
    greatdanes
    Sep 30 12:28 PM
    Don’t Blame Wall Street - At Least Not Completely [view article]
    Horse Shit....this is SOS. Fight the Bailout. If your in the Markets Shame on you for not doing your home work. Millions of investers saw this coming ....seems only the people that benfit from the $'s of the bailout didn't....maybe they knew the Bailout was part of the plan. Congress and politicians benfit from bailouts. Fight the Wall Street Welfare that will destroy America. Reply
  • commenter
    ProHFAnalyst
    Sep 30 11:31 AM
    ProShares UltraShort and UltraLong ETFs [view article]
    UYG what am I not getting here? It says it tracks the DJUSFN index, with 2x the return. DJUSFN is up 6.07% today. So UYG should be up 12.14%. However as we speak UYG is up a measly 2.2%. Reply
  • commenter
    Markos
    Kaminis
    Sep 30 11:13 AM
    My Website
    Don’t Blame Wall Street - At Least Not Completely [view article]
    Addressing Points:

    Sports to blame - I have played sports all my life, and even walked on to a tops soccer team in college. I've played bar league softball, coached and played corporate league basketball, playground tackle football with All-Public quality opponents (and dominated) and I've been an avid sports fan my entire life. However, I see fanaticism in sports, and it's gone too far. People now prioritize team affiliation more than humanity affiliation. Have you ever been to an Eagles/Giants game? You would think it was WWII, and the fans were Nazis and Us (Eagles fans of course). People are too caught up in this superficial reality. We have major geopolitical upheaval in progress, and most Americans care more about this week's NFL matchups. There's something horribly wrong with that, and eventually our populous is going to get a slap in the face; people are going to wake up and say, "why are we at war all of a sudden. what happened.?"

    Addressing My Calling of Market Bottom - That was a market bottom. I never said it was the last and final market bottom. The market does not move in straight lines, it makes short term tops and bottoms. If you bought on my recommendation and sold not long after, just about any stock, you probably made money. So, don't treat me like a presidential candidate and try to catch me on bullcrap. If you want to go back and see my articles, do so, and pay close attention to what I wrote, the words - not the headlines only. Be deeper than that. And go back to my own site and see "Prophetic Past Prediction" or Prescient in the sidebar. I was talking about housing years ago. I was talking about Iran ten years ago. I told Georgians two years ago that their alliance with us would bring Russian tanks into their country, because they alienated their big neighbor and major trading partner. My words are out there; I'm proud of them; I'm on the line every day.

    Also, I'm trying to help. The market is up today, but we stand in position now that encourages bank runs, stock runs, GDP recession, unemployment, depression in that order. Recognize that this is not a "Wall Street" bailout. This is an American rescue.     Reply
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