jcrash

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    • Mon Oct 13th 09:35 AM | Rating: 0 0
      Commented on:
      The Next Bubble?
      because people see the huge bounce coming in equities?
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    • Sat Oct 11th 19:54 PM | Rating: 0 0
      Commented on:
      Decades of Negative Returns: A Long-Term Look at the Dow
      I love how people dis the democrats when they have the best record for stock returns.

      This selloff has nothing to do with the next president. It has to do with the last 8 or so not taking care of business at home before they goofed off on their partisan war mongering ways.
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    • Fri Oct 10th 20:11 PM | Rating: 0 0
      Commented on:
      This Isn't a Bottom, It's a Disturbance in The Force
      Well, we cannot have a bottom without plenty of people saying we aren't there yet and others saying that it is all going to zero or some such nonsensical number.

      Just as the call for $250 oil was a good time to sell, the calls of the coming apocalypse are a good time to buy. Sure no need to go all in if you want. Me, I plan to go down swinging. No sense sitting out the last fight, if that's what it is.

      When things hit P:E of 1 (as some have) or a .25 price to sales ratio as others have, I think it is ok to start buying some things.
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    • Fri Oct 10th 09:51 AM | Rating: 0 0
      Commented on:
      Ten Oklahoma Stocks
      You might add that companies get accelerated depreciation on lands that were formerly indian lands.
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    • Wed Oct 8th 23:14 PM | Rating: 0 0
      Commented on:
      Crazy P/E Ratios
      Zoeey and tcal - Schillers data shows currently we are about at 15 or 16 based on 10 yr average earnings.

      Overcorrections to single digits as you propose do no happen in every downturn and actually only happen about 3 times in the last 90 years. One of those was the decade of inflation, one was the WWII era, and one was briefly during the depression.

      However, the greater macro trend you are ignoring is the greater participation in the stock markets. More capital chasing the same earnings means higher P/E's. So, if we get to single digits, I'd be more than shocked.

      Technically, 8000 on the Dow and 850 or so on the S&P looks pretty impenetrable.

      Boomers are committed at this point, if they take it out now, they are pretty much sure to miss the start up and then pile in to create one hell of a bounce. If they stay in, they will be committed to adding even more at these levels.

      Additionally, recent tax changes have created a large demand in college savings accounts. Those monies are relatively new and will continue to grow with acceptance. Finally, while you might think foreigners would desert us, the truth is that their is no substitute - no country with a better combination of innovation/security and size. This is quite in evidence this week with the turn in the Euro and the European banks.

      We will print up as much as it takes to keep the boat afloat and folks will buy it and be glad their money is safe in times like this. They cannot leave us in the bad times - they will have to wait and try it in the good times.
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    • Wed Oct 8th 22:30 PM | Rating: 0 0
      Commented on:
      The Cramer Crash?
      Anyone think that maybe he said it to at least contribute a little to the bottoming.
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    • Wed Oct 8th 22:24 PM | Rating: 0 0
      Commented on:
      So Much for Stability: The Euro Cash Flood
      Free markets are great in theory. The look great in textbooks. Of course, those same textbooks push the efficient market theories - and if you believe in that one, maybe Santa and the Easter Bunny will be nice to you this year.
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    • Wed Oct 8th 22:17 PM | Rating: 0 0
      Commented on:
      Cramer: Dow Could Drop Another 14%, Oil's Going to $50
      MR Socialism - in case you hadn't noticed - Mr. Bush just gave us the largest deficit in history along with the largest debt ever.

      He lies. Period. He signs every law with a little disclaimer saying he can disobey the law anytime he wants because he is President (Paraphrased, but he does actually do this). He has locked up AMERICAN CITIZENS with no trial for 6 years in SOLITARY CONFINEMENT - and they went crazy. Great. No chance there to see if they were actually guilty of anything. I think you would think different if somehow YOU were the one he locked up.

      He doesn't believe in torture. However, he won't define torture for you, so torture is defined only in the air between his ears. Makes it awfully convenient, huh? The guy has an IQ of MAYBE 105. He has been led around like a puppy on a leash by the real powers that be. He was perfect for that...make him think it was his idea and he will stick to it until the end of the world comes.

      As far as taxing goes...Guess what? I'm middle class and I will pay less in taxes under Obama. McCain promotes a $5000 tax credit for healthcare. Guess what type of Healthcare you are going to get for $5000? Not much. I like my employer plan just fine. McCains $5000 is sure to be like the $5000 deduction for childcare...it was a nice number 8 years ago, but childcare has literally doubled in 8 years, and that number as remained the same. So, the $5000 tax credit for healthcare will effectively be worth half that in just a few years.

      I'm also tired of inaction by all of the government on Social Security. We are like the proverbial frog in the pot letting the water get hotter and hotter. Someone - and a democrat with a democratic congress is the only one that could possible do this - is going to have to step up and CHANGE the system. Yes, some will pay more, work longer and get less, but as it is now the system is simply a non-starter.

      So, you can proselytize for the Republicans or Libertarians all you want (Personally, I think of myself as both of those), but the truth is that those groups can get nothing real done and we need a mandate going into 2009. Obama is the only hope of a President with a mandate, so deal with it, as it is a done deal.
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    • Wed Oct 8th 21:33 PM | Rating: 0 0
      Commented on:
      Crazy P/E Ratios
      So, GKM are you saying P/E's look low or P/E's look high?
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    • Wed Oct 8th 21:08 PM | Rating: 0 0
      Commented on:
      MLPs Still Attractive After Recent Selloff
      FYI, about 10AM this morning you could've bought this basket and made around 10% by the close, for some reason they all got crushed early on with at least one down by 20%.

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    • Wed Oct 8th 10:07 AM | Rating: 0 0
      Commented on:
      Short Selling Ban Sends Chills Through Options Market
      I think they had a couple near record volume days over the last week...that'd be DURING the short selling ban, right?
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    • Tue Oct 7th 20:09 PM | Rating: 0 0
      Commented on:
      Cramer: Dow Could Drop Another 14%, Oil's Going to $50
      I love people bitching about raising the cap gains tax. You really think you are gonna have any cap gains to report in the next 4 years?

      And you can quit debating McCain vs. Obama, because Obama has it in the bag at this point, given the economic situation. Iraq + Palin + Economic Calamity is the perfect storm for the Republicans.

      And yeah, I'm a Republican, but I'm also tired of having my rights revoked by lies, my President lieing to his country, and my money disappearing.
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    • Mon Oct 6th 23:30 PM | Rating: 0 0
      Commented on:
      Mexico: One of the Safest Places to Invest Right Now
      heh...not so good, afterall.
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    • Thu Oct 2nd 15:02 PM | Rating: 0 0
      Commented on:
      Munis in the Crosshairs
      How did one county borrow more than the Budget of the entire state for ten years running? Surely you meant Billion not trillion. This is hardly a small mistake and kinda makes me not want to read the rest of the article even though you are probably dead on.
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    • Thu Oct 2nd 14:50 PM | Rating: 0 0
      Commented on:
      Buffett's GE Warrants Quickly Trade Out of the Money
      Error? Dude, he got 10% pp. You find me somewhere to get 10% pp, and I will sign on the line all day long.
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