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  • Study Debunks Another 'Active vs. Passive' Myth [View article]
    No argument with the preceding; however, the threshold of performance 'not met' by the active managers in the small stock field is higher than that 'not met' by the passive managers in the larger stock field. The 61% to 60% is not going to dissuade wild gamblers like me.
    Nov 03 15:06 pm |Rating: 0 0 |Link to Comment
  • The Trouble with Clean Coal [View article]
    So, the 2nd L of T applies here by essentially saying you cannot ‘round-trip’ at a net gain. That makes a lot of sense. If C(oal) + O2 = H2O + CO2 + Energy(heat), then I guess I’d want to try to capture that darned CO2. Gas is awful pesky as it tends to leave home; even if in a ‘tank’. If ‘dissolved’ under pressure, that’s still a ‘tank’. So, then I’d next look to make a stable substance (other than coal – the forbidden ‘round trip’) that could be formed by CO2 + XX + Energy (0 to much less than that which is the point of the exercise). If there were some way to use photosynthesis in a closed system that you could ‘bleed’ off the oxygen and ‘harvest’ carbon based products, such would be a great science fiction resolution.
    Nov 03 14:38 pm |Rating: +6 0 |Link to Comment
  • Natural Gas Extraction May Be More Expensive Than It Seems  [View article]
    So, the front end costs after the field has been found and 'proved' and demarcated entail drilling individual wells, including radial techniques, compressing water to hydraulically fracture the shale and to use manufactured ceramic spheres to retard the fissures from collapsing. Where does the water come from? Where does it go? Is the gas thus liberated migrate back up the same intrusion? What is done with the other associated petrochemicals (benzene etc.)? Have the true back-end costs been identified and recognized in the economic model for sustained 'production line' development?
    Nov 03 13:40 pm |Rating: 0 -2 |Link to Comment
  • 'China Up / U.S. Down' Theme Checkup [View article]
    How much of China's expansive policy went directly, without passing 'Go', into their stock market?
    Nov 02 13:36 pm |Rating: +2 0 |Link to Comment
  • Healthcare Profits: Assessing Company Sensitivity to Obamacare [View article]
    Herbal or alternative or fringe etc. medications are not the issue. Hard science pharma (or a reasonable facsimile in view of the delusional activities of quite a few R&D pharma outfits) is very very expensive and will definitely suffer. Perhaps I'm prejudiced but socialist schema tends to have a static as opposed to dynamic world view. I fear a concern with a apportioning the 'pie' will eclipse efforts to grow the 'pie'. If you think the accountants force triage healthcare now, just wait till the government has strangled the private sector with the Trojan horse of the public alternative.
    Oct 31 14:58 pm |Rating: +1 0 |Link to Comment
  • I Heart ETNs [View article]
    If an impairment in the credit worthiness of the note issuer becomes apparent signaling 'abandon ship', there's gonna be a whole bunch of folks at the gunnels. Bids will come down very quickly.
    Oct 28 13:12 pm |Rating: +1 0 |Link to Comment
  • IndexIQ Launches Two Inflation Hedge ETFs [View article]
    GRES looks to be a very expensive hedge over time.
    Oct 28 12:50 pm |Rating: +3 0 |Link to Comment
  • A123 vs. BYD and Other Irrational Battery Investments [View article]
    Most salient is "As near as I can tell, PHEVs and EVs will always be at the bottom of the lithium-ion food chain because there will always be more sensible applications that are far less price sensitive."
    Oct 25 12:37 pm |Rating: +4 -2 |Link to Comment
  • Nouriel Roubini, One on One: More Doom and Gloom [View article]
    As I read the gold puffs, apparently gold is good for the coming inflation and good for the coming deflation and if it's both, never mind the order. It's good as gold. Hell, there's gotta be an incredible conspiracy that restrains gold from trading at $5k.
    Oct 24 16:59 pm |Rating: +1 -4 |Link to Comment
  • S&P 500 Price Change Frequency Distributions [View article]
    Nonsense & phooey to any 'judgement' the precision afforded by mathematical modeling provides. Distributions are just that. Pretty good is damn good when you realize you cannot reify from distributions. Mathematical precision is not a guarantee of relevance. An idea of the distribution is really the best you can expect to be relevant to the market.
    Oct 23 13:36 pm |Rating: 0 -2 |Link to Comment
  • 6 Dividend Stocks for Current Income [View article]
    I'd guess that there are very many in need of income who have the bulk of their assets in tax favored accounts. This is a 'second' to the earlier recommendation of KMR in the 'MLP' arena. You might check out Enbridge Energy (EEQ), as well. Another alternative, a CEF, is AMJ. It tracks the Alerian MLP Index equivalent to 10% of the index. AMJ shares allow an investor to participate in industry growth and share in the related investment income. It has the added advantage of being a corporation paying dividends, thus tax hassle associated with distributions is avoided.
    Oct 22 13:09 pm |Rating: +2 0 |Link to Comment
  • How the Copenhagen Climate Treaty Will Affect Equity Markets [View article]
    You don't need to play with plastic bottles when high altitude basins to sea level basins clearly show deteriorating environments due to the by products of economic development over the last 50 years that will be exceeded by that of the BRICS incrementally over the next 15 years. All this while the advanced nations carry on as usual as well. It ain't gonna be good for this blue ball, 'global warming' or not.
    Oct 21 14:12 pm |Rating: +2 -2 |Link to Comment
  • The Muddle Through Economy, R.I.P.? [View article]
    Left-Right. Please! Most of the ‘Right’ can accept the discomfort of others with equanimity; most of the ‘Left’ cannot accept the comfort of others with equanimity. The ‘Right’ is jealous of its accumulations and prerogatives; the ‘Left’ is envious of same. Clearly, Justice rarely visits either wing. That is why the battle is eternal.
    Oct 19 13:08 pm |Rating: +1 0 |Link to Comment
  • How to Profit from Current Dollar Anxiety [View article]
    I'm nearly as impressed by these jousters as they are with themselves. Nearly. Tedious slumber party patter.
    Oct 15 14:40 pm |Rating: +1 0 |Link to Comment
  • Leveraged and Inverse ETF Providers Now Face Lawsuits: When Will It End? [View article]
    In-laws excepted, of course, Platos injunction as to poets applies to the lawyerly. Just venting.
    Oct 15 14:12 pm |Rating: 0 0 |Link to Comment
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