mark mchugh

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    • Tue Aug 12th 09:51 AM | Rating: 0 0
      Commented on:
      Gold and Silver Turn Bearish: No Conspiracy Here
      What Bill is really trying to tell you is that there's no conspiracy, but everyone is out to get you.
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    • Sun Aug 10th 21:46 PM | Rating: 0 0
      Commented on:
      Long Term, Gold Is On Its Way Down
      Timothy,

      Very good analysis. No one long any investment, likes to think about it going down, but you ignore the signs of the market at your own peril. Gold bugs should understand this as well as tech investors.

      I'm glad to see a largely uninterested party write about price action, because both gold bugs and anti-gold bugs get too emotionally involved. I am a long-term gold bull, but that doesn't mean every day is "buy, buy, buy" day.
      View article »
    • Fri Aug 8th 01:02 AM | Rating: 0 0
      Commented on:
      When Is Safety Worse Than Risk?
      I think you've really hit the nail, Felix. There is no such thing as a zero risk investment, and here's another heretical idea: What if the next bubble to burst is US Treasuries (I think you implied that).

      Crazy, huh? They are backed by the full faith (?), credit (uh-oh) and unlimited printing power of Helicopter Ben. And that's still considered the safest investment on the planet. Wow
      View article »
    • Fri Aug 8th 00:43 AM | Rating: 0 0
      Commented on:
      The Stealth Depression
      Grim news indeed. How many more people are "faking it" right now, going ever deeper in debt. What happens when the credit well runs dry?
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    • Wed Aug 6th 20:56 PM | Rating: 0 0
      Commented on:
      Holding Positions Over the Weekend: Debunking the Monday Myth?
      This is an interesting and discussion-worthy topic. I always like to have a precious metals position over the weekend "just in case" something bad happens. It has not been a fruitful strategy so far, but I'm not comfortable abandoning it either. Holding a position is one thing, but closing and re-opening every weekend doesn't seem to make much sense.

      It also seems that a lot of price action takes place when the market is closed to normal people, so by the time you and I can get in on something - it's over.

      Hedging with puts can be an expensive habit, too. I almost wish somebody sold "weekend insurance."
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    • Wed Aug 6th 14:38 PM | Rating: 0 0
      Commented on:
      Why Big Mortgage Losses Are Here To Stay
      The point I think most people are missing right now is the impact that these bad loans had on prices. It was like foam in the glass, and without it, you will find prices much lower than previously perceived.
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    • Wed Jul 30th 18:21 PM | Rating: 0 0
      Commented on:
      Dollar Rally Likely To Stall
      I think what you mean is, "People only see what the PPT wants them to see.";)
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    • Mon Jul 28th 08:13 AM | Rating: 0 0
      Commented on:
      An Open Letter to the Plunge Protection Team
      News Flash:

      I'm already sucking on pure turdcicle here. Of course any one who actually read this thread knows that. Not you though, you read a sentence and started slappin' away at the keys. Good work, genius.

      It's not my job to get you caught up, so you don't look retarded when you post. The "substamce" of your post is psycho pre-K and if you spent more time reading you'd know that.

      I only wish that the Ponzi scheme collapsed before SPECULATORS put up the money to create the jobs, that developed the technology that connects dingleberries like you to the world.

      Take you meds.
      View article »
    • Sun Jul 27th 13:03 PM | Rating: 0 0
      Commented on:
      Time to Buy and Hold Gold
      Absolutely brilliant article.

      I almost bailed on the "what I did on my summer vacation" theme, but I'm glad I didn't. Good read.
      View article »
    • Fri Jul 25th 22:53 PM | Rating: 0 0
      Commented on:
      An Open Letter to the Plunge Protection Team
      Dear Rambling Idiot,

      I've read plenty of Ron Paul, so don't lecture me, dude.

      Thanks especially for the CAPS LOCK EMPHASIS. I really highlights the POINT that you don't know ANYTHING.

      Trust me on this, your post shows a complete lack of COMPREHENSION from one paragraph to the NEXT (I hope for your sake that you're drunk), so it really doesn't matter what you think you've read....

      Keep mashing those keys though, if you keep at it you may eventually produce something coherent.
      View article »
    • Fri Jul 25th 09:35 AM | Rating: 0 0
      Commented on:
      The SEC's Envious of a Powerful Fed
      hear, hear Horatio!

      The SEC is not useless (quite the contrary), but it will remain useless as long as Cox is in charge. The only question I want congress to ask him is, "why are you still here?"

      Bye-bye, Chris, bye-bye
      View article »
    • Fri Jul 25th 08:34 AM | Rating: 0 0
      Commented on:
      How Dumb Does the NAR Think Homebuyers Are?
      Tim,
      really, really stupid.

      We ran out of suckers two years ago. My favorite is "take advantage of today's low rates...", which means pay an inflated price, so the bank isn't under-water, and have zero equity for years to come. Some advantage!

      Housing will remain sick until rates go up and prices crash (but who wants to hear that?). Oh, and we remember that without 20% down you're just asking for more trouble. Reconcile that with the concept that nobody saw fit to save money for the last five years, and isn't it obvious that sales should explode any day now?

      And, they've got a new shill now - Paulson.
      View article »
    • Mon Jul 21st 23:38 PM | Rating: 0 0
      Commented on:
      The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia?
      thanks all. BIG THANKS to gosailing and Greybeard. I completely missed the meaning of "primary dealers" in the statement (I never even think about government securities), but that is the 'sacred cow' list. Allianz is Dresdner Kleinwort, and Royal Bank is Greenwich Capital. Cantor Fitzgerald is private, and Bear Stearns will be absorbed into Lehman. I must concede the LBMA connection becomes a secondary footnote.

      I still think the question, "what does this mean?", is valid. I detest the selective enforcement of rules and was puzzled, to say the least, by the list. Maybe we should be expecting turmoil in the US goverment securities market.

      Shabba - I collected my short interest data from shortsqueeze.com and used google finance for some of the shares outstanding data (if it was missing at shortsqueeze). Many financials have very large short interest (NCC- 21%, for example). The point I was trying to make was the companies on that list don't have large short interest (excepting FRE, FNM & LEH). I couldn't tell you how accurate the information provided is, or how short interest from other exchanges is reflected on ours, if at all. But, from the info I can get, it certainly doesn't seem like the companies are under siege on our exchanges and that's all the SEC controls. So, why are they concerned?

      In both investing and life, I believe that those "weird little things" often turn out to be significant in hindsight, and if you can decipher them sooner rather than later, you'll be way better off. This may be one of those things. Plus, I can't resist a good conspiracy theory.

      Thanks again all, for sharing your insight.
      View article »
    • Sun Jul 20th 15:48 PM | Rating: 0 0
      Commented on:
      Earnings Preview: Bank of America
      Short term, You might as well buy anything on the SEC's "Sacred Cow" list.
      View article »
    • Sat Jul 19th 20:11 PM | Rating: 0 0
      Commented on:
      How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II
      JOSEPH FOSTER - Caps lock off, spell check on, please.
      View article »
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