Paul from California

When Will the Dollar Snap-Back?

Didn't anybody read the excellent article in the WSJ by David Malpass on October 8th? The title was "Devaluing Currency has never led to Prosperity." The title summaries it all.

Why the Recession Is Over

Must be. I heard that the current administration is spending multiple times what the Bush administration spend on public relations, aka spin artists. This might be the only pausible explanation for this fantasy piece. Maybe he's a contrarian indicator like Larry Kudlow?


On Jul 07 06:51 PM nova wrote:

> Michael Murphy must be one of the spin-artists working for the Obama
> regime.

Asia: The Mother of All Incumbent Advantages

Great article. Although I didn't read "The Post American World", Mr. Goldman hits it right on the head upstream or downstream. As an American born chinese, I've seen these social, cultural and economic changes happening in the USA with disbelief. What's really sad is that if this letter was published in the main stream media, Mr. Goldman would be blasted as being racist and a bigot. I've been moving my funds into asian/commodity currencies and some China EFT's. But I'm not all in because I smell a major correction starting in September when investors realize that there are no earnings, PE's over 20, and unemployment goes over 10%. Not even the plunger team can rig this market up forever. Even Asian equities will be dragged down.

What Were the People of California Thinking?

Devassocx;
I'm a native Californian and I doubt that this election will change anything anytime soon. It will take many more elections with switches from democrat to republican. One silver lining of this depression in California is waking up voters in 2010 to vote against any candidate with a "D" following their name. Also, it slows down political contributions from public employee unions to the democrats. Otherwise, the liberal democrats who own this state will keep spending and spending like drunken sailors...

On May 21 09:31 PM devassocx wrote:

> Some posters here have only an understanding of California's problems
> that is being presented in TV sound bites or some
> articles penned by out of touch writers or writers with an agenda.
>
>
> As others have stated, California's problems are that of overspending
> for years and not a lack of revenue. This state government is over
> reaching and has been enabled in part by an uninformed and misled
> electorate.
>
> This has finally changed and the electorate
> has wised up to the games being played by the legislators, governor
> and government unions.
>
> There are movements underway to recall certain legislators
> and the governor from office for not doing the job that the
> citizens wanted.
>
> From this point forward California is not going to be the same place.
>
> It will be better; much better.
>
> The state doesn't need a bailout from the feds. In fact any bailout
>
> will only make our problems worse.

AgFeed Looks Like a Bargain

I also am long on FEED. Bought some cheap in late 2008. I think their management is very sharp by trying to improve the genetic stock. Sort of waiting for the shoe to drop when Smithfield tries to buy a position in FEED. I would if I were them... As a chinese myself, I know that pork is what chinese prefer.

Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans

I kinda thought Cetin WAS Larry Kudlow... Same crap; same contrary indicator. Whatever he says, do the opposite.

Will the Rally Continue? Some Analysts Aren't So Sure

There might be a little bit more, but after the earning reports come in, watch for a pullback. VP of Common Sense is smart. There's no volume. Also, the banks are cooking their books to make their earnings look better than it really is... So the bigger fool keeps buying.

In March, Another Bouncing Cat

Cetin;
Wow, what are you smoking? The next bubble to pop is commercial real estate. Have you looked around at any strip mall lately? There are AT LEAST one or two empty store fronts. In California where unfortunately I'm stuck in, the central valley farms will be idle due to lack of water since they are diverting it for some snail darter minnow. How are people are going to pay off their credit card bills if they are laid off? There's lines around the block for one job opening. There will be NO EARNINGS. At the bottom of market when it reaches below 5000 DJIA, the PE ratio is 5 or 6! Man, o' man, keep going all in, I need you and your like minded friends to jack up this head fake rally so I can maximize my gain in SDS.

On Apr 01 05:36 PM Cetin Hakimoglu wrote:

> those who sit on the sidelines will miss out on the monster gains
> still to come

Why This Is Just Another Bear Market Rally

Actually Mr. Ayala's arguments are very similar to Phil Grande's of Phil's Gang. He's the one who has called every rally and lows since May 2007 and made +30% in 2008. He buys low, sells high, and shorts the rallies... He expects the market to eventually slide to 4300 DJIA with bear rallies in between. How have you done lately?? I'm doing fine.

How Will the Recession End?

Hey CJJ,
If you want to be optimistic, why don't you go all in and go long into the market. I need someone else to short against....

Paul from California

Volume Gives Shorts the Upper Hand

Interesting article... I'm starting to build my position in SDS after selling SPY. The better advice I'm hearing is that we will resume falling after a period of sideway movements. There is few new buyers and no earnings to support any bear market rally.

SDS: A Way to Ensure Peace of Mind

I agree with the author and have used SDS when the market is going down and SPY when the market is going up. I have to admit that I'm a Phil's gang member and Phil Grande has called the last 5 mini-rallies dead-on. He was up 30% last year shorting the market. Right now I'm getting ready for a nice mini-rally... but it will of course fail and the DJIA will slide to below 5000.

'Bottom Feeders' to Seek Feast in Weak Economy

Huh? What's a bottom feeder? If you believe bottom feeders are "investors" who short the market on its way down to 6200 DJIA, then I guess I am... I lost too much money playing dumb by holding and praying.

Markets May Be Up, But Current Economic Data Is Still Very Bad

Yeah, me too. That's why I'm short.

Introduction to Best Portfolio for 2009

Forget about fundamentals and chart the market. It's telling us the long trench is down. Sell now on this escape hatch and short. Buy SDS.