mkreisel

3 Reasons to Be Invested in Stocks Right Now

The Fed looks at chart too: it sees head-n-shoulder developing and the market gapping down around the world on Monday morning, so they bought another $63.965 billion worth of MBS, and the market took off instantly.

China Blows a Double Bubble

But you never know when a bubble pops, it could last many years or even decades...

13 Agriculture Myths Busted: This Bubble Is Ready to Pop

Those following "gurus" blindly will be wiped out.

The Latest Overstock Shenanigans

Nobody bothers to comment?

I always had a feeling something was not right with Patrick Byrne when he uttered that "Sith Lord" line on CNBC.

Fiscal Policy: Obama Administration Isn't Making Much Sense

That's a pretty good idea!


On Jul 13 08:32 PM dcb wrote:

> In reality the fist step is for all american's to decide to stop
> paying their mortgage. then wait until the bank forecloses. based
> upon legal cases before the bankd has to prove they actually have
> the mortgage. This has been lost in about 80 of the cases so they
> have no legal right to foreclose.
>
> If 20 plus million american's engagte in civil disobediance and stop
> paying their mortgage they can't put everyone in jail, they can't
> ruin everyone's credit rating (that will only hurt the banks in the
> long run). That is the first step.
>
> If the government continues to bail out the banks and not main street
> the next step is to stop paying your taxes. If every american decides
> that our current government does not represent the people but special
> interests are they going to throw everyone in jail. The american
> people are not represented by the people they elected. we got rid
> of the british under the principle of taxation without representation.
> the second amendment gives us the legal right to carry arms in case
> tyranny should happen to take away our voice in government. It is
> time fr the pople to stand up for a government that has their best
> interest in mind, not those f special interest.
>
> Therefore, I urge the american people to start their protest with
> a mortgage holiday. As MLK said "we shall overcome someday"

No One Saw This Economic Crisis Coming?

Warren Buffett saw it coming: he has been warning about derivatives as early as BRK's 2003 annual report, and he had closed down almost tens of thousand of derivative infestations within the Gen Re subsidiary. As late as Dec 31 2004, those derivatives carried a notional value up to $666 billion.

In all his annual meetings from 2005-2008, he warned about housing bubbles, lending standards, and securitizations.

In the end, it still didn't prevent him writing almost 40 billion in index puts, thus costing his company the AAA rating.

What people predict and what people do are often contradictory.

No One Saw This Economic Crisis Coming?

That book came out exactly at the bottom of the previous bear market, October 2002.

Those who went short back then would have their pants margin called as early as July 2003.


On Jul 12 06:37 PM [e-mail] wrote:

> Another unsung prophet is the author of the presecient 2002 book,
> "Conquer the Crash," wherein wave technician Robert Prechter details
> why, how and when the collapse would occur.

Priming the Pump for $20/Gal. Gas: Interview with Chris Steiner

Isn't Lara Crigger the same person who wrote that "Pegasus Wireless" will make life difficult for Steve Jobs and Apple?

Pegasus Wireless now: www.google.com/finance...

No One Saw This Coming?

When times are good, people are reluctant to changes.

It's hard to get any reforms going unless some major pain and suffering have been administered.

AAII Bearish Sentiment at Highest Level Since March

If you really dig hard into the AAII Sentiment data, you will find out that it is NOT a contrarian indicator.

In fact, it's not an useful indicator at all.

What (or When) Is Up with Natural Gas

That's a wonderful comment, but I guess all the UNG bagholders hate it.

On Jul 08 05:51 PM Mad Hedge Fund Trader wrote:

> We've recently come to the realization that the US sits on a giant
> natural gas formation. You may recall my advice to abandon natural
> gas at $4.30 in the face of giant new discoveries in shale formations
> (see “Cash out here at $4.30) and “Huge Discoveries . Since then,
> the Midwest has suffered its wettest spring since 1871. It rained
> 25 inches in Chicago the first half of the year, drowning golf courses,
> and sending the mosquito population exploding to Biblical plague
> proportions. Let me assure you, I have absolutely no ability to predict
> the weather, except that my combat scars itch when a storm is coming.
> Cold weather means no air conditioning, which means cratering natural
> gas demand and a new two month low of $3.37. But when you see a parallel
> contract like crude soar to new heights, and NG fail a half dozen
> times to get off a five year low, you know rough weather is coming.
> The crude/gas ratio players really got carried out in body bags on
> this one, as one record after another was shattered, taking it to
> a stunning 19.4:1. Natural gas has been the worst performing investment
> this year, the ETF (seekingalpha.com/symbo...) falling a
> mind blowing 54% since January. Best to wait for natural gas to
> find its new, lower, range before entertaining a position.

Gold May Hit $1,100 in 2010 - Canaccord

If Gold breaks that 1000 barrier, it will not stop at 1100.

Of course, there is no guarantee that gold will break 1000 anytime soon.

Three of America's Best Boards

If a company is growing at 10% and its stock is trading at PE > 50, future stock performance will suck regardless how good the board or the management is.

California: The Haves and Have-Nots

California needs to have its election districts redrawn and all the lunatics in the state legislature tossed out.

Thoughts On Today's Job Numbers: Rahm, the Economy Is Not a Giant Investment Bank

People have too little patience.