jegan ;-)

Total Rating:
+11 / -11

670 Comments

    • Sat Nov 1st 15:25 PM | Rating: 0 0
      Commented on:
      Survey: Shoppers To Spend 1.9% More This Holiday Season
      Everyone on my list is getting one of my old 'Earthquake Readiness Kits'... I stocked up last year, but now with my home value plummeting, I'll cancel my EQ insurance to save money and hand the Fed my keys if we have a big quake here in California! Always trying to think outside the box!

      jegan ;-)
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    • Thu Oct 30th 13:33 PM | Rating: 0 0
      Commented on:
      Chesapeake Energy: Marcellus Shale JV in Question
      CHK is a good solid company with a forward thinking management. Watch them try to push exporting NatGas.... They can beat our US prices by a mile. Aubrey has broached this subject many times.

      The reasons the stock tanked are; The market stinks, energy prices are bottoming, demand for NatGas in the US is low as we have not had any major weather conditions, and because Aubrey had to cash in his massive CHK stock holdings to pay a margin call. See! Even the big boys get stuck when credit is unavailable....

      Resistance at around $18 ... Then sit on it.

      jegan ;-)
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    • Thu Oct 30th 12:40 PM | Rating: +1 0
      Commented on:
      China's Greatest Trade Ever
      There have been many prior metal manipulations... Can't recall the details, but wasn't there a big silver manipulation back in the 70's or 80's? And there is the 'Mr. Copper' fraud. Interesting how the same old names keep popping up:
      ----------------------...

      Merrill sued in copper scam
      May 20, 1999: 1:33 p.m. ET

      U.S. officials say broker had role in Sumitomo scheme to fix copper prices

      NEW YORK (CNNfn) - U.S. commodity market officials filed suit against Merrill Lynch & Co. Thursday, alleging the brokerage helped Japan's Sumitomo Corp. in its effort to fix copper prices more than three years ago.

      ----------------------...

      I have stated before and will again. I suspect that the economic downturn is a result of China stockpiling commodities such as coal, iron and copper. I believe that they were/are trying to push the price of these products down. It could be that they lost control of the situation and may have accidentally engineered our world recession.

      Actually, I'm not much of a conspiracy theorist, I just don't see these types of market manipulations as being that hard to pull off.

      jegan ;-)
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    • Wed Oct 29th 14:35 PM | Rating: 0 0
      Commented on:
      Do Web Versions of Office Applications Hurt Microsoft or Google More?
      Not sure who it hurts. I do suspect that as long as you can email a spreadsheet, or document, that the online sharing is not really of great import to most people. I prefer standalone programs. They run faster.

      On another note, though, I was just playing around with Google Spreadsheet because it does one thing that no other spreadsheet (or document ) seems to be able to do. That is to pull live data from the web,

      You can build some amazing stock market spreadsheets and link the cells to various aspects of a stock, such as its open, close, p/e, volume etc... very simply. Then by dragging the cells down, you can update the info for a series of other stock tickers. Pretty slick!

      jegan ;-)
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    • Wed Oct 29th 14:25 PM | Rating: 0 0
      Commented on:
      Ten Largest S&P 500 Declines Without a Rally
      Thanks for providing the facts without proselytizing! Really like your approach!

      jegan

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    • Wed Oct 29th 14:13 PM | Rating: 0 0
      Commented on:
      Cognitive Disconnect of the Day
      Agree with 'look closer'.. Nothing like reading yesterdays news today. Maybe that used to work, but these days, particularly with the stock market, things change!

      I get a chuckle when I read "DOW moves 425 points higher!" while watching CNBC' ticker showing the DOW down 530 points today! What a waste of fishwrap!

      jegan ;-)
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    • Wed Oct 29th 14:09 PM | Rating: 0 0
      Commented on:
      Dow to S&P Ratio at a Six Year High
      Just reading a book that suggests that there are three stages from a recovery to a rebound.

      (1) Flight to safety in the large cap (DOW) and as the market improves
      (2) Accumulation of mid cap, then as the market goes into bull mode
      (3) Small cap ramps up.

      The interesting point is that the small cap moves higher and faster than the other two segments. Apparently at this point, all the easy fruit has been plucked from the other two caps and there is a rush to the untouched portion of the market. Also, as credit becomes more liquid, small caps can more easily fill the voids that are in the market.

      Thanks for the article,

      jegan ;-)
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    • Tue Oct 28th 15:58 PM | Rating: 0 0
      Commented on:
      Adventures in Icelandic Monetary Policy
      At one point, I looked at buying the Icelandic Krona CDs through Everbank.com. The rate at the time (last year) was 14% and it was compounded as the Krona was beating the dollar. At the time, there was chatter about the long term viability of the Krona, and a 'shoulder shrugging' opinion that the Krona was OK, that Iceland had put it's prior troubles behind them and the high rates of interest were the Government's way of squashing inflation. The last time I looked, the rates were down to about 5%...

      jegan ;-)

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    • Tue Oct 28th 15:35 PM | Rating: 0 0
      Commented on:
      China: Now That's Volatility
      Could have been worse... Look at Russia.. Think it was down 13% when they shut down their exchanges.... jegan
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    • Mon Oct 27th 10:39 AM | Rating: 0 0
      Commented on:
      Is This BUD for You? A Volatility Opportunity
      If you goto Gurufocus.com and type in BUD, you don't find any real commitment from the Whales or Funds. There seems to be a mix of buys and sells... Notably, Warren Buffet has reduced his holdings. Keeping in mind that aside from one recorded buy 9/30/2008, that the others are dated as of the last filings.

      jegan
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    • Sun Oct 26th 16:43 PM | Rating: 0 0
      Commented on:
      U.S. Dollar Reached a 2.5 Year High Friday: What Does It Mean for the Economy?
      **And** repayments of foreign debt are now cheaper....

      Also, EUARTE makes a good point. Evidence of this is the suggestion that investors begin looking at large cap American companies. It is also supported by several companies (err.... Hexel is one and some sleeping bag manufacturer..But I can't remember the name ..) are moving their manufacturing back to the US from China, because (trumpet flare here. ) it is now cheaper to make it here.

      jegan ;-)
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    • Sun Oct 26th 16:33 PM | Rating: 0 0
      Commented on:
      Pep Boys: Insanity Dominates the Share Price
      Re: "This is absolutely absurd, as the cost of fixtures, signage and computers for an average stand alone location nearly add up to this amount by itself."....

      Maybe a better investment would be one of those autioneers that sell off store fixtures.... Kind of like the Farm Sales in the 'Dustbowl period' ...

      jegan ;-)
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    • Sun Oct 26th 16:24 PM | Rating: 0 0
      Commented on:
      A Strong Dollar and Weak Gold Threaten Corporate Earnings
      messy.... If two banks are buying up gold, then there should be less available, which would mean that price should move up.... Price clearly has not moved up, which means that investors and funds are dumping gold not buying it up...

      jegan ;-)
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    • Sun Oct 26th 16:15 PM | Rating: 0 0
      Commented on:
      23 Stocks to Consider During Global Deleveraging
      Just ran a similar scan yesterday. The two things I added were 'Low Beta' and 'Returns Better Than Index'... Got a whopping 2 hits!

      HEV - A newer lithium battery manufacturer .. Too young and untested. Great yoy, Seems to be trending between about $6 and $8, and is presently at $7 and moving towards its lower bollinger band.. At least it isn't tanking with the market.

      SHY - Lehman Bros Short Term Treasury Bonds Index. It actually is trending up..(There's something novel!)

      Pretty disappointing...

      jegan ;-)
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    • Sat Oct 25th 20:10 PM | Rating: 0 0
      Commented on:
      $2.58 and Counting
      Just to clarify.. All commodities **are** down. That means oil, coal, nuclear, copper, iron, wheat, etc,,,, Bespoke already posted those charts last week.

      What seems to have everyone upset is that fact that the finished products aren't dropping in sympathy (although, gas just dropped 10 cents a gallon up here in the foothills of California... Down to $3.20 from $4.50... ). On the negative side, a half gallon of milk is running about $3.90, which has not dropped at all.

      Remember how if an oil line was bombed in Nigeria, that by that afternoon, gas pump prices were up a dime? But when they patched the pipeline, it seemed to take two weeks for the price to drop back down? That was a rhetorical question... I have no answer for that.

      However, as far a gas is concerned, you have to understand crack-spreads (Alright! Wipe that grin of your face... I get it!) And as for finished goods, you have to understand the cost of credit. Just look at GE that had to borrow from Warren Buffet at rates that would normally be considered usurious. Also, many businesses have been absorbing the costs and now that commodities are down, they intend to allow their profit margins to expand again.

      Anyway..... How about those Dodgers, Huh!

      jegan ;-)
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