jegan ;-)

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+11 / -11

670 Comments

    • Sat Oct 11th 15:55 PM | Rating: 0 0
      Commented on:
      Friday Options Update: MS, XLF, WFC, GS, ZION, XRAY, FDRY, HA, GM
      Unions didn't kill the auto business in the US.... The auto business kept its head in the sand (as it has done for the last 20 years) and decided to pay advertisers to build sell the 500 HP vehicles (that you pointed out) rather than building the vehicles that we need. Unions are there to protect the rights of their membership. You can't trust the government or employers to do so. Having been an employee of unionized and non-unionized businesses, I do know the benefits of both.

      Airlines have the benefit of being supported by our tax dollar in ways that rails do not. Airlines have been brought down by rising energy costs, their inability to hedge the price of gas properly and deregulation, which caused a market scramble to offer the cheapest seats possible, leading to a price war.

      Oh yeah... If you accidentally click the 'CAPS LOCK', you will continue to type in CAPS mode.. Click it again and it turns off.. OK.. I shouldn't have said that...

      jegan ;-)
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    • Sat Oct 11th 15:42 PM | Rating: 0 0
      Commented on:
      Two More VIX Records
      It might be once we see the VIX hit 87 ... Then buy! jegan ;-)
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    • Fri Oct 10th 18:41 PM | Rating: 0 0
      Commented on:
      Ten Oklahoma Stocks
      Re: CHK

      ----------------------...
      OKLAHOMA CITY (AP) -- Aubrey K. McClendon, chief executive of Chesapeake Energy Corp., has sold the bulk of his stock in the company over the past three days in order to meet margin loan calls, the company said Friday.

      ADVERTISEMENT
      The company did not disclose the size of the stock sale, pending the filing of documents with the Securities and Exchange Commission.

      "I am very disappointed to have been required to sell substantially all of my shares of Chesapeake," McClendon said in a news release. "These involuntary and unexpected sales were precipitated by the extraordinary circumstances of the worldwide financial crisis."

      "I have been the company's largest individual shareholder for the past three years and frequently purchased additional shares of stock on margin as an expression of my complete confidence in the value of the company's strategy and assets."

      McClendon said he looked forward to rebuilding his ownership position in the company.

      jegan
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    • Fri Oct 10th 11:44 AM | Rating: 0 0
      Commented on:
      Is Oil Demand Falling Off a Cliff?
      Googenhaeng,

      Gasoline is just a part of the energy picture. Consider that an equal portion of oil provides for plastics, chemicals, building materials such as asphalt and that aside from gas, there is diesel, aromatics etc.

      If the large manufacturers, such as Korea, Japan, China and the US are not making more Legos, plastic automotive components, building new parking lots etc, then, you'll find that there goes a big part of the demand for crude.

      The next leg is that as manufacturing drops, then so does shipping, trucking and even rails. If you aren't making the products, the you don't need as much sea time, mileage etc. There goes a large hunk of the fuel demand.

      As manufacturing and delivery drop, warehouses, and offices close and factories are idled. There goes another piece of the energy pie. (admittedly, coal and natgas provide most electricty here in the US, but that definitely is not true of other countries, such as in the Middle East.

      'Oh my! I don't think we're in Kansas anymore!'

      jegan ;-)
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    • Fri Oct 10th 11:10 AM | Rating: 0 0
      Commented on:
      Midstream MLPs Crashing, Present Opportunity
      A stock is only defensive if it protects your equity. If the market misunderstands and undervalues these MLPs, then they aren't defensive. I'm saying that as a purchaser of three MLPs just two days ago. I just got stopped out on two this morning.

      jegan ;-)
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    • Fri Oct 10th 11:06 AM | Rating: 0 0
      Commented on:
      Markets Are Too Afraid to Bounce
      Vancan ... You can go to Morningstar.com..They at least show the top 20.. They also give you the category and sector breakdown...

      jegan
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    • Fri Oct 10th 10:57 AM | Rating: 0 0
      Commented on:
      GE Earnings Could Be the Last Straw
      "but such is Mango" ????????
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    • Fri Oct 10th 10:54 AM | Rating: 0 0
      Commented on:
      Withering Stocks
      Smile when you say that stranger! Seriously, how about some emoticons... A 'smiley' would be nice!

      jegan
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    • Fri Oct 10th 10:53 AM | Rating: 0 0
      Commented on:
      U.S. vs. the World: Sectors Matter
      The basic idea is that you have to know what the construction of your ETF or fund is. OK.

      Not sure if using 10/07/2008 as a benchmark date is a good compare point. If you had used 1 year ago, before our banking collapse, I'm guessing you wold have seen a different spread.

      Thanks though! jegan
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    • Thu Oct 9th 21:59 PM | Rating: 0 0
      Commented on:
      Potash Corp: Liquidity Trouble Ahead?
      50% is nothing in this market .. Look at FCX, down about 65-70%. We may or may not need potash, but I'd like to know how the world intends to build anything from electric cars to new construction, stereos and laptops without copper? Boggles the mind!

      Oh yeah! You want to see something really exciting? Look at the monthly chart of GE, where it dropped in 4 stages from 200 through 2003.... Remarkable how the Monthly S&P500 looks just like it, but is only 1/2 the way there.... Now that's exciting!

      jegan ;-)
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    • Thu Oct 9th 15:58 PM | Rating: 0 0
      Commented on:
      Clueless - Cramer's Mad Money (10/8/08)
      I agree with 'Afterthought'.. I watch Cramer just as I watch CNBC, Fastmoney, Bloomberg and read SeekingAlpha for ideas. Anyone stupid enough to take **anything** on any of these venues deserves to have his or her head served on a platter.

      First: According to Hulbert, Cramer's track record is no better or wrse than any other 'market shill'... I think Fischer and a couple of others had better hit rates.

      Second: Buying is easy. Where you put your stops is as important. Cramer does not provide entry and exit points.

      Thirdly: Can anyone be that stupid as to think that our stock market drop is a Cramer related issue. The DOW just dropped another 400 points. We are now well below the magic 10K. The market is not paying any attention to Cramer. What we have is a defective administration, a bunch of liars and crooks in our banking system and a global meltdown. (By crooks, I mean people like the management of AIG that were begging the Fed for tablescraps one day and dropping $400,000 on a party for their management the next.)

      Fourth: I don't care what your position is in this market yesterday. If you can't change your mind tomorrow, then kiss your stack goodbye. Yes, Cramer was calling for a bottom just weeks ago. Maybe I blinked and missed that bottom, but all I see is an elevator going down. All I have heard since last December for almost anyone is "The bottom is almost here!" (You want to kick someone.. Kick that gass-bag Larry Kudlow). Cramer was probably the last guy to come out and call a bottom. Of course, all those other gung-ho types are now changing their minds now. So, he was wrong. What do you want him to do? Pull a Dubya and sit on his thumbs!

      Geeze!

      jegan
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    • Tue Oct 7th 21:30 PM | Rating: 0 0
      Commented on:
      Steep Sell-off Makes Chinese Equities More Attractive
      I was just listening to a Bloomberg audiocast with Loiuse Yamada.. She's a technician who has been pretty much right on the trends. About a month ago, she was on fast Money and called the probable drop too 10,000. The audiocast was (unfortunately) just a couple of days ago and she was voicing her concerns that the market might drop below 10,000 and then to 9K... Doesn't really look like the time to be buying anything... jegan
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    • Tue Oct 7th 17:03 PM | Rating: 0 0
      Commented on:
      Earnings Preview: Alcoa
      I was just on the Scientific American website .. They had an interesting video "World's deepest living fish caught on film"... These fish live 5 miles under the sea! Remarkable! The pressure on these fish is comparable to (according to the video) having 111 Elephants standing on a Mini Cooper!

      I'm beginning to think that I'll join these sociable fish and bottom-pick only when they do..

      jegan
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    • Tue Oct 7th 16:57 PM | Rating: 0 0
      Commented on:
      Real Estate Bottom - or Prelude to a Drop?
      It would probably help if you told us where you bought (maybe in Juneau?).. But I'm willing to bet we haven't seen the bottom in California yet... And I'll toss in Nevada .... Hmmm, let's see.. Who else is hurting... What about Detroit... Yep! Maybe the Right Coast... Ya think with all the firings in that neck of the woods we'll see a downturn in that market? I think so. Furthermore, as our economy keeps tanking (Gee! "Yer doin' a great job, Dubya!") ... I don't see what would encourage anyone to buy right now..

      jegan ;-)
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    • Tue Oct 7th 14:07 PM | Rating: +1 0
      Commented on:
      Why Now Could Be the Right Time to Buy Emerging Markets Equities
      Mark Moebius is selling his book of business. What reason would he have for telling people they should not buy foreign markets? It's like Templeton who keeps popping up bemoaning the fact that investors don't seem to focus on value and have a longer time frame. What would anyone expect him to say; "Dump your Funds now because the markets going to crash and the stocks that we base our finds on are being shot down as hedgies sell off." Come on..... ;-)

      To quote you "Actually, stock markets are NOT a good predictor of the real economy as far as emerging markets are concerned. At short time horizons, these markets are in fact much more influenced by the US stock market than by developments in their domestic economy".

      Not sure if I see the logic in investing in the stock markets of foreign countries, if they are **not** influenced by the underlying economy, whether or not the economy will do OK. In fact, it seems that most equities are disconnected from their underlying companies these days.

      jegan ;-)
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