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Ohrama

Ohrama
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  • If The Global Economy Is Cliff Diving, Why Is Oil Breaking Out? [View article]
    Informative graphs and good writing (like "Real earnings fell by 0.4% (-0.4%) in March"). There are so called financial wizards who will mix words such as earnings fell, plunged and then follow with a negative number.
    Few more points that could have been added: How long we can have prosperity by selling and buying stuff made abroad and a race to the bottom in terms of currency rates? And aren't getting tired of having so many junks at home?
    Apr 20, 2015. 05:44 PM | Likes Like |Link to Comment
  • At the close [View news story]
    No (to jj1937). In my language we say, "Why fear or sell when the Fed is on your side!". Fed can create wealth out of thin air and proven so for the last six years! And we got the highly intelligent (!) folks and their leaders from developing countries wishing to serve the poor Americans (we will sell you at the lowest price or even give it away free; we will store all our savings in dollars in pillows or park them in illegal Swiz and US accounts....)!!
    Apr 20, 2015. 04:48 PM | Likes Like |Link to Comment
  • Shanghai and Hong Kong post big declines after PBOC cut [View news story]
    87 crash got started with weakness in Japan (or was it the fear of the new mighty Japan taking over the world? Anyone remember the book that suggested we can sell of Maine to pay the trade deficit?) if I recall correctly. Perhaps 2015 with help from China!
    Apr 20, 2015. 08:58 AM | Likes Like |Link to Comment
  • Job gain of just 126K in March [View news story]
    I hope you cashed out or and not dreaming about the paper gain. Hope 2008 doesn't repeat for the sake of folks who are in the latter category. I learnt my bad lesson (or the best) that market can crash by 30% in few days in the 1987 crash! This time it could be worse as it is built on the Fed steroids.
    Apr 3, 2015. 04:33 PM | Likes Like |Link to Comment
  • Microsoft launches $499 Surface 3 tablet [View news story]
    1. It is funny that the author would include the name Cherry Trail in this article. That is two years old, we have the Bay Trail and perhaps newer one or pretty soon available. The new Surface 3 uses a processor that became available only in Y15Q1 and must be much more powerful that the Atom used in 5 year old netbooks (And my daughter finished her M.D. or med school with one of those netbooks!)
    2. Glad that they are offering a 4GB memory version after reading that MS is forcing other makers to limit the memory on Atom based systems to 2GB (and many of them have gone to 1 GB. Of course, I know there are few exceptions like Dell Pro 11" etc.).
    3. As a seasoned comp prof., I have been using Win 10 Tech Preview in one of my laptops and it has been a good experience letting them know the problems or MS picking up the problems automatically and fixing them almost on the fly. I used to be a Apple / Mac person when it was really a geek company (pre 2000 - Does anyone remember the first PDA Newton from Apple!). Steve Job it seems found his real monetary wisdom through the Buddhist religion and co-opted the 90% (that Mitt Romney decided to write off) who would give him whatever they have (and more through borrowed money) to make him and the company worth almost billion dollars. I now support the underdog, MS. And what they got is as good as Apple.
    Mar 31, 2015. 06:04 PM | 1 Like Like |Link to Comment
  • Will Apple, Russia And India Bring Back Up GLD? [View article]
    If "Apple’s new watch could also contribute to the higher demand for gold – but not by much. " is true, why put Apple in the title or in the article?
    Mar 23, 2015. 06:01 PM | 4 Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    Broke or not, we have a ponzi game and I (a non-Caucasian) fondly call the Social security and medicare as the White Person's welfare (Everyone hollers that he or she put into the system - how much did they and how much are they getting back now?) without the real stigma of that word (hoping the new crop of immigrants will keep funding this orgy!) - the real word welfare, single mom households, kids for extra money etc. are unfortunately reserved for that other race only!

    Yes, I am pi_sed off because I was recently forced into Medicare and my medical payments increased by 200% (any my only medical expense is my annual physical!). Funny thing is that I need to pay the Income adjusted rate (or whatever it is called) for Medicare Part-D, even though my Part D is coming from my job! (When do you call a fraud as the right thing to do? When perpetuated by the elected officials on behalf of the majority). And as a first generation immigrant, my education was funded by another country and my parents did not collect the benefits here.
    For the money I paid to the government, at least I should have been given the luxury of couple of slaves (the reverse version)! It would have been nice payback for those who looked down on other folks based on just color etc.
    Mar 18, 2015. 03:02 PM | Likes Like |Link to Comment
  • Apple Selects An Intel Modem: A Glimpse Of The Future [View article]
    I think he seems to have the correct view for the intermediate duration: Semiconductor industry has become commodized; PC etc. have become boring such as our washing machines. The innovators which bring the commodities together into their own product and in that process gain a large IP will reap a big gain.
    But he should also be asking how long this IP on few products (or in a particular line of thinking) will take a company, especially one that is reaching the Trillion dollar valuation? Remember, the smartphone and related ideas are also reaching the saturation level. And a 10 ten year super performance of a company is not a predictive one of the next 50 years. Unfortunately it is very difficult to accept it when you are in love with a company.
    Mar 12, 2015. 01:02 PM | Likes Like |Link to Comment
  • Apple Selects An Intel Modem: A Glimpse Of The Future [View article]
    "Apple brings in the paying customer, pockets the profits, and throws some scraps for the dogs to fight over."
    This seems to be the result of over enthusiasm or inexperience in how business tides change and presently seen in Apple fan boys (which could put them in the dog house one day). Apple (I have been and still a tech and Apple lover, an NSF official in the days when terms such as Experimental VLSI Systems, now SoC, were coined and funded, questions such as what we will do when we have a Cray computer on a one inch chip for one dollar piece were tossed etc) has been in the dog house for a long time too.
    Mar 12, 2015. 12:53 PM | Likes Like |Link to Comment
  • Intel's Sell-Off Might Continue, But Get Your Buy Orders Ready [View article]
    Haven't we all heard about the old boring washing machine (or is it old fud_dy du__yies like me only that can remember all these?). There are a number of changes taking place that one could not predict the final outcome (because economy or even a single company is not like a first order linear time invariant system where the growth or decay happens in a monotonic manner. There will be ups and down due to real and imagined prospects, ability or the lack of to constrain costs while the revenue shrinks etc). Some that comes to my mind quickly are:
    1. PCs have become a part of our life like the old washing machine.
    2. Simpler cheaper devices costing much less and doing most needed by 90% of the population are becoming plenty (Just for fun and send to India I bought 2 full Win 10.1" used or refurbished tablets from BestBuy / Cowboom for $85 each yesterday!). Good fed induced prosperity and what Steve Jobs learnt from the Buddha religion (or is it Zen?) to connive that 90% of the population with one gadget for each application (iPod for music, iPad for tablet etc) and cashed big cannot be replicated even by Apple again. Apple might be the biggest MLM scheme that we have ever seen!
    3. The big market in India or China (to some extent) are just illusionary. Every Joe (or Jane), his uncle and the niece or nephew that can afford one already has one and unless the other 90% of the population moves up the economic ladder to afford these, the market won't increase dramatically and even if they move up, they need to think of more essentials such as condoms, TV, a two wheeler etc.
    4. Whatever I said is becoming true for mobile segment as well. So, what if Samsung S6 has a 64 bit processor; my recent Note 4 will serve me well for another 3 years unless I drop it hard purposely or sit on it (which I did today in spite of reminding myself not to keep the phone on the chair!).
    5. You can come up with more. With the free money system (take away from the savers and give it away to the spenders) already done most of its damage and might end soon with no tangible result to show, I would rather sit on my cash and wait for 2008 again. Yes, they occur once i every 7 years and let us see if the Fed can change it this time.
    Mar 10, 2015. 06:04 PM | 1 Like Like |Link to Comment
  • Another beat for payrolls, UE rate down to 5.5% [View news story]
    Given all the comments about "we have more bartenders, food servers, temporary workers, making up the workforce", I wonder how fast these jobs would disappear when some dislocation in the economy, our funding situation (the government as well the folks sitting on all those stock market paper gains) happens!
    Mar 6, 2015. 10:29 AM | Likes Like |Link to Comment
  • Do The Changes In Supply For Silver Impact SLV? [View article]
    Perhaps I still don't understand the options, futures market fully. I believe from a fundamental (from an engineering professor) perspective, even the exchanges would be just matching buyers with the sellers (so for every buyer, there is a seller ready to deliver on the promise) and live on the commission and not indulge in naked selling. May be I am wrong or old fashioned or don't understand playing with others' money.
    Feb 16, 2015. 05:27 PM | 2 Likes Like |Link to Comment
  • The Great PE Multiple Expansion Of 2011-2014: Why The Market Must Eventually Crater [View article]
    This is a good article though the author will be slaughtered for his incorrect predictions before. But no one can time the market and if so, would be foolish to share it with others. We have already used up the purchasing powers of the EMs who are like the Americans of the 1950's: Buy big items once in a lifetime and maintain for ever! I will add this to what I wrote about Greek crisis:
    The EU is an experiment similar to the USSR (which involved political as well as defense integration) with players from the entire spectrum (caucasians to moslems; rich to poor; strong work ethics to free loaders; progressives to conservatives) and is bound to end the same way USSR ended. It would be good for the stronger players (like Germany as it was for Russia).
    Perhaps when the next economic crisis comes here and we can no longer print another couple of trillion dollars, we also might find ourselves similar to USSR (in terms of ethnic composition, conflict etc.) and who know what can happen then!
    Feb 5, 2015. 05:36 PM | 3 Likes Like |Link to Comment
  • Checkmate For Greece? [View article]
    The EU is an experiment similar to the USSR (which involved political as well as defense integration) with players from the entire spectrum (caucasians to moslems; rich to poor; strong work ethics to free loaders; progressives to conservatives) and is bound to end the same way USSR ended. It would be good for the stronger players (like Germany as it was for Russia).
    Perhaps when the next economic crisis comes here and we can no longer print another couple of trillion dollars, we also might find ourselves similar to USSR (in terms of ethnic composition etc.) and who know what can happen then!
    Feb 3, 2015. 07:05 PM | 2 Likes Like |Link to Comment
  • On the hour [View news story]
    It is a very dangerous game. The whole world seems to be cooling or collapsing because their commodities are getting slaughtered, currency devaluation and in general, the rest of the world is like Americans of 1950's, buy those one of a kind washing machine, car etc. and try to maintain it for life. And those who can buy already have bought and new folks can join the party in only if their economies prosper. And our Fed. wants to maintain ever increasing floor on the stock market, as soon as the market thinks otherwise.
    Jan 29, 2015. 03:46 PM | Likes Like |Link to Comment
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