jcrash

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    • Tue Jun 3rd 16:20 PM | Rating: 0 0
      Commented on:
      Is There an Oil Crisis Looming?
      No. Next question.
      View article »
    • Mon Jun 2nd 11:33 AM | Rating: 0 0
      Commented on:
      Is it Better to Remain a Renter or Buy a House?
      Countic, on $3 a day, you can't afford many fresh fruits or veggies. Shoot, an Apple is almost a dollar.

      I think you are on the dole.
      View article »
    • Thu May 29th 14:04 PM | Rating: 0 0
      Commented on:
      Is it Better to Remain a Renter or Buy a House?
      Just to continue with the thought, my life is a journey to be enjoyed. I don't think of it as something where I will aim to start enjoying it SOMEDAY. Life can be very short, and someday may never come. If drive a 10yr old used car, rent a too small home with things you don't like and never go on vacation, well, you get what you pay for and you aren't paying for much. If you get cancer at 50 yrs old, you will look back on all that time and realize you never really got to enjoy things.

      I hope to spend my last dime on the day I die. You can't take it with you.
      View article »
    • Thu May 29th 14:01 PM | Rating: 0 0
      Commented on:
      Is it Better to Remain a Renter or Buy a House?
      "Yes give me one dollar so I can give you back 38 cents...great deal! LOL"

      I'd respond, yes give me infinite leverage so I can lever my investment money many fold and measly use real estate value increase to make boatloads of money - today's market excepting, of course.

      But finally, if you have never built your own home with things exactly the way you want them, you are living at a level below someone who has/is even if your homes cost the same amount. They have exactly what they want and you have the Salvation Army version.

      They get to plant the trees right where they want them, add the pool they wanted 5 yrs in, get granite counters when the want to, and basically actually have what they want...you get to use the coupon and buy the store brand.

      View article »
    • Mon May 26th 17:55 PM | Rating: 0 0
      Commented on:
      The Self-Defeating Oil Surge
      Last guy is spot on...only time goldman says it is going up is when they want out.
      View article »
    • Mon May 26th 11:42 AM | Rating: 0 0
      Commented on:
      Microsoft's Cashback: Changing the Internet Industry Forever
      "Eventually, cash-back will come out of the retailers' pockets"

      Um, that's how this works (already). The retailers are paying Microsoft, just like they pay Fatwallet, and Slickdeals.net, etc.
      View article »
    • Sat May 24th 16:02 PM | Rating: 0 0
      Commented on:
      Blowing the Bubble Bigger
      Free markets..."they will bid the us consumer out of the market"...ROFLMAO... average income in India is? The average income in China is? Once you subtract food and living costs, they have very little to outbid us with...As soon as their gov't's stop subsidizing, they will go into a huge recession.
      View article »
    • Fri May 23rd 23:11 PM | Rating: 0 0
      Commented on:
      The White Elephant That Could Destroy Your Portfolio, Part I
      I love the idealist comments on how it is worth a DEPRESSION to stop inflation.

      Folks, inflation sucks, but bread lines suck worse.

      View article »
    • Fri May 23rd 14:43 PM | Rating: 0 0
      Commented on:
      Commodities Prices: Speculation Exposed
      FYI - Spot prices in commodities have recently been DIFFERENT from the price of the futures contract on the expiration date. I saw an article on here I think, it showed how there was up to 10% difference in prices on the agricultural commodities and this was throwing a wrench into all the theories about how the futures markets are efficient.

      CLUE: Markets are not efficient. Note the period. Got a theory based on efficient markets? It is junk.

      If I was working at an Oil Company, I would go out TODAY and 100% hedge myself out as far as I could go. This is a bubble, and while prices might go higher in the short term, in the long term they will benefit greatly from locking in today's prices.


      View article »
    • Fri May 23rd 14:01 PM | Rating: 0 0
      Commented on:
      The Power Failure on Wall Street
      As devil's advocate, Amazon is currently trading at over $400 per share, split adjusted to when Blodget made that call. Off by 8 years, but a much better performance than say the negative return on Citigroup since that time.
      View article »
    • Fri May 23rd 12:37 PM | Rating: 0 0
      Commented on:
      Does 'Speculation vs. Fear' Matter When Oil is Running Out?
      Maybe, if it WAS running out (which it isn't, so I didn't bother reading the article).
      View article »
    • Fri May 23rd 12:36 PM | Rating: 0 0
      Commented on:
      Microsoft's Cashback: Changing the Internet Industry Forever
      I've been getting cashback on the internet for years through FatWallet.com (over $600 back so far). Microsoft is just copying (as usual).
      View article »
    • Thu May 22nd 21:33 PM | Rating: 0 0
      Commented on:
      Oil Is Up Due to Fundamentals, Not Speculation
      Storage cannot go up? ROFLMAO.

      Storage is built EVERY DAY. Ever see a tanker? Has it been here forever? No? Oh, then it is NEW STORAGE.
      View article »
    • Wed May 21st 21:12 PM | Rating: 0 0
      Commented on:
      Oil Is Up Due to Fundamentals, Not Speculation
      Yeah, I hear they sold an extra billion cars last week in China. Yeah. Keep thinking that.

      I'm shorting USO at $135.
      View article »
    • Wed May 21st 20:54 PM | Rating: 0 0
      Commented on:
      Oil Is Up Due to Fundamentals, Not Speculation
      Dude, demand has not spiked in the last week. There is no way demand is spiking when prices are going hyperbolic. Everyone I talk to says they are driving less. Demand is down.

      Prices are spiking, demand is down...hmmm....sounds like a bubble to me. Yes MONEY is going in, but that is not demand. Money is pouring into hard assets in lieu of stocks and bonds. This causes the price to go up, even though DEMAND has not gone up.

      If you really think prices are up on fundamentals, please explain where the "fundamental"... increase in demand has been in the last 30 days, or even the last week. Supply has not changed one bit in that time, I promise you, so if you think prices are up on fundamentals, SOMEONE must be buying a crapload of oil.

      Finally, I figured out it was all crap the first time I heard them say the price of oil was UP because a refinery was DOWN. That's easily the stupidest thing I've heard on bubblevision.
      View article »
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