Ames Tiedeman

Toward Economic Recovery in Dubai

Dubai is taking down European banks today. Debt is the killer.

Taiwan Semiconductor and Brocade Are on Sale

DELL should buy BRCD. Why allow JNPR to gain more share in servers and the like?

Dell's Lack of Innovation Disappoints

The only chance DELL has is to get into computer services in a big way. They should have purchased EDS years ago. They also must focus on design, design, design. Apple won on design, not the operating system.

The Electric Car Will Usher in Smart Grid 2.0

No it won't. Natural Gas, not electric, must be the future.

Time for the U.S. Economy to Reindustrialize

Ah, I can hear it now: Protectionism! The screaming from Europe and Asia can already be heard. The truth is everyone is protectionist except the USA. Export a car to Denmark? The import duty is 180%. Try exporting used Harley's to China. You can't! China wants everything going out and nothing coming in. The USA has run a current account deficit every year since 1975. Are we better off for it? No. Free Trade is the greatest scam ever. Only Global warming comes close! Go to South Korea. It is terribly hard to find something made outside of SK. Go to the malls. Look at the clothes. All made in SK in SK. America allowed its core industries to crumble. It is a disgrace. The USA needs to leave the WTO and go back to country by county trade agreements. Will we ever do this? I doubt it. We will muddle along to the bottom. We are actually closing our auto plants as we import cars from Asia! Some 200 years from now someone some where will laugh about this when the rise and fall of America is written.

Being Thankful for Bullish Economic Data

"A new people on a new Continent with unlimited possibilities."

-Theodore Roosevelt, 1901

Health Care Bill: Prescription for Disaster

What the Democrats have done is both immoral and unjust. They have ruined America's finances for generations. The level of debt our nation is going to have to issue over the next 25 years will drive Gold to $5,000 and the dollar to near zero. In fact, some people like Marc Faber are calling for the dollar to go to ZERO in a decades time. Health care reform could have been achieved in a much more rational way, without the having to set up a number of huge governmental agencies. The Democrats are trying to buy a constituency. Wait until immigration reform. They will then attempt to import a constituency. The days of empire are over. The Democrats have succeeded. America is on the road to being a second rate, socialist, nation.

Which Contrarians Are Correct About the Stock Market?

The market has made a huge move. Those who have said to short it have been wrong for months. With low rates and all this liquidity one would be taking great risk in proclaiming a market top. Is this a massive bear market rally? History says it may indeed be. History is not always correct. Severe caution is advised.

Aldia, Inc. Driving Value: Changed Course, Above Par Performance

It is now under 3.50

Buy Walgreen's to Benefit from Obama-Care

I am not sure who is going to benefit from Obamacare. Here is his plan:

What Obama wants to do is to get the Public Option which will then crowd out private insurance over the next 20 years. In 20 years if the Public Option is adopted then you will have no private insurance. Obama and the Democrats want to kill private health insurance. I doubt we will have many good Doctors in 20 year if this happens either....Obama wants a complete take over of the health care industry. All the savings he talks about is all lies. It is laughable that he talks about "Rugged Americans!" Also, how many millions of people will lose their jobs when private insurance is killed off?

Stay Away from AIG - Barron's

Stay as far away from this name as possible. It has been bid up by uneducated retail investors and short covering. Do the math. Negative tangible equity means the common is worth ZERO!

The Case for Shorting Bank of America

Great article. I noticed the divergence too and have wondered what is going on. It is not just the RSI. Look at the MACD on BAC. It has been in decline in the face of a rally in the shares since August 6th.

Analyst Call on Baidu: Why Most Calls Are Useless

Bidu is soon to be a short. I expect it to go down in September and/or October.

Marc Chandler's Compelling Perspective in 'Making Sense of the Dollar'

Give me a break. The United States has not had a trade surplus since 1975. We have not had a trade surplus with Japan since April, 1976. Our first post WWII trade deficits with Europe hit in 1983 with the BMW craze and never went back into surplus. We had a trade surplus with China in 1982, with Russia in 1988. The U.S. was a creditor nation up until 1987. We were the largest creditor nation in 1980. We are now the largest debtor nation the world has ever known. We are not a wealthy nation, but a broke nation. This book is more of the same. An attempt to justify sending more jobs and dollars overseas. I suppose this author thinks it is a good thing that we are sending billions to the middle east for oil instead of tapping our own Natural Gas and getting off foreign oil. One cannot white wash what has happened. We are broke..We produce too little and we consume too much. The collapse of the dollar tells us this..

MACD is bearish on all indexes.

MACD is bearish on WFC and BAC as they move higher. Makes one wonder if a correction in the banks will materialize soon.