nukldrager

Wall Street Breakfast: Must-Know News

Good God man highlight and delete! You threw yourself out with the bath lol


On Apr 29 09:51 AM bobbobwhite wrote:

> Why does SA allow book-long postings like yours, no matter what it
> says??? This is not the right venue! Write a book on it instead.
>
>
> On Apr 29 09:21 AM Bestsolutio

Will Upcoming Tax Hike Signal Mass Exodus of London's Market Wizards?

Keef and Mick take note; Gimme Tax Shelter baby

Bank 'Stress Tests' Expose Cracks in Citi, BofA

More evidence of the "black hole" Matt Blackman was talking about a little over a year ago.

"Notice the number of "healthy" banks (Goldman, JP Morgan) on that list. Weiss says hefty ongoing exposure to derivative risk is part of the problem, and concludes both the stress tests and their results could be "very misleading."

Sam Zell: 'Very Few CRE Financings from 2003-2007 Are Above Water'

"When your outgo gets ahead of your income, your upkeep becomes your downfall" ... unknown

Wall Street Breakfast: Must-Know News

What a crappy government. Socialism, socialism, socialism.
But hey, the market wants to go up, get in for the ride!

Stress Tests Were Never a Serious Exercise

If the Fed was serious it would have erred on the glum side just for good measure. The only place you can see results from all the stimulus is in the banks and with the bankers. Their lives and incomes have been relatively unaffected in real money terms throughout all of this. Bad press notwithstanding they are laughing all the way to the bank. Their banks! Rhetoric is one thing and agendas are another. Results show the agenda. Media, the rhetoric.

GM Forcing More than 1,000 Dealerships to Close

On Apr 28 06:12 PM DavidR wrote:
"...GM calls and says that you are one of the dealerships they are going to close, because there is another Chevy dealer 75 miles down the road that is selling more units, has higher CSI, and a better balance sheet. Your $8 Million investment, your grandfather's heritage, your family retirement, your life. Do you think you'd fight for fair compensation?......"

Did third and fourth generation steel workers get fair compensation when their mills and jobs were shut down? Mom and Pop stores of all kinds going under with the advent of mallmarts and big pharmacys and home despots? In real estate appraisal it's called "highest and best use". Which means the use that will bring the highest profit per square foot, or highest property value.

Media Companies: Use It or Merge It

Nice forward looking article.

"...and the ultimate collapse of Sirius Satellite Radio." is being reported on the slowly reviving deal front?
Interesting. More fodder for a sci fi future!
Exponential data base expansion will lead the way.

Caliber of Management Offers the Widest Economic Moat of All

Thanks, that makes sense.


On Apr 28 11:42 AM Wide Moat Investing wrote:

> Sorry for the confusion... Most simply, higher net worth individuals
> are constantly assessing their tax situations throughout the year,
> and the two weeks preceding April 15th are not more likely to have
> sales for tax reasons than other weeks. The last week of the year
> maybe, but not April.

Next Leg of Growth for Sirius XM

Thanks for a trading based comment (TBC) as opposed to the (OMMAs) off my meds again type brought out by this Sirius stuff almost as if it were a full moon lol. But then again why are so many people interested in hearing Howard Stern look at skanks? SIRI is down .08 cents as we speak.


On Apr 27 02:53 PM BerkeleyBob wrote:

> I sold my position in SIRI long ago. I continue to subscribe because
> I am willing to pay for good programming with no commercials. The
> FCC's handling of the merger bordered on the criminal. Love the product,
> wouldn't touch the stock. It is not at all clear that SIRI will survive,
> given debt load, ailing auto manufacturing, etc. It is interesting
> how much vitriol and comment the company attracts. Perhaps streaming
> internet in auto may replace the satellite delivery model.

Caliber of Management Offers the Widest Economic Moat of All

Please clarify ... " higher net worth individuals, a group that regularly files for tax extensions, so as to not pay until at least October."

Filing time can be extended until October, but estimated taxes are due April 15th, with underpayment penalties and interest beginning at that point.

FAS/FAZ: Dangerously Crossing the Ultimate Pairs Trade

"Rebalancing"?... ya know, I emailed Seeking Alpha about having a spot where the knuckeldraggers could lift themselves out of the mud with the help of the pencil pushers. They said they would look into it.


On Apr 27 08:46 AM Alan Brochstein wrote:

> That's a lot of words to say that you are buying volatility! You
> will make money if the market trends hard in either direction but
> get killed if it reverts without your rebalancing. Good luck!

FAS/FAZ: Dangerously Crossing the Ultimate Pairs Trade

Thanks for the info. I bought a little bit of FAZ based on an idea in a comment when it was at $22. As a rank beginner in the markets, I am trying things just to see what happens. One thing I have already learned is to act quickly. Some of my hunches have more than doubled. Not so FAZ. But it has spiked over $45 within the past month, so why not again? Also the inverse ETFs are the only way I would try to short anything. I hope "they" can't take that away from us... because it only makes sense to try to make money no matter which way the market is moving. A clumsy circle back to your "pairs trade".

Wall Street Breakfast: Must-Know News

"Though a central bank cannot cut interest rates below zero, the research suggests the Fed should use unconventional policies to create the equivalent of a minus 5 percent interest rate."

Unconventional policies.
The Taylor rule appraoch goes something like this; "In economics, dynamic inconsistency, or time inconsistency, describes a situation where a decision-maker's preferences change over time, such that what is preferred at one point in time is inconsistent with what is preferred at another point in time. It is often easiest to think about preferences over time in this context by thinking of decision-makers as being made up of many different "selves", with each self representing the decision-maker at a different point in time. So, for example, there is my today self, my tomorrow self, my next Tuesday self, my year from now self, etc. The inconsistency will occur when somehow the preferences of some of the selves are not aligned with each other."

Makes sense to me! If that's true of our decision makers then government is defiantly to big, but it explains a lot of things lol

Leaving Green to the Free Market - Barron's

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