bill d

Canadian Energy Trusts: The Best Long Term Income and Dollar Hedge?

I ain't worried until Timmy can figure out to get his greedy little fingers into it. Millionaires are a dime a dozen - like Trump. Damn near was one myself not too long ago. So what ?

AAV, PWE, PVX, PBT

Update on Three Canadian Oil Royalty Trusts

I own several - aav, pwe, pvx.
Have some Mar 09 options I will lose my ass on unless oil doubles in next month.
Not worried about taxes - going to stop paying to see if I can get a cabinet post nomination.

Obama's Housing Plan - What Will It Really Accomplish?

Well - all you Bush Bashers are going to find out how well socialism works - this is only a small taste of what's to come. Excellent article.

Income in a Zero-Rate World

Perhaps I missed it but another benefit of selling covered calls is you get to continue collecting the dividends - the Canroys pay monthly. I love em.

OPEC Wants Less Speculation on Oil Futures

Like my stepdad would say to OPEC - wish in one hand and crap into the other - and see which one gets full the soonest.
I recall a time when Shell, et al was developing the oil fields and 2 - 3 $/bbl being paid to the "rulers" and they were happy to take it. My - how times change.

Profiting Twice in the Stocks and Dividends Game

A very common error when using %.
A nice, simple, clear, concise article.
I know this because I not only totally understood it but actually learned nothing new.
Great for a newbie though.

Geithner on Yuan: Misstep or Warning Shot?

So Obama is using Timmy as his boot-boy to scare the Chinese ???
I guess if you want someone experienced in manipulating financial things you pick a professional crook.
Not easy for me to say but I think thee Chinese might be more trustworthy than the President and more than a few of his cabinet members.

John Thain Called Out by the President

Well I guess if you are going to take your company down the drain - it might as well be in a nice toilet.

*******President Obama must be even more surprised with the fact that he paid the same designer eight times less for his work on the White House ($100K) than Thain paid him to do his office ($837K)*******

Something doesn't smell right here either (pun intended). Is this a Chicago style deal (again ???). I assume Bush didn't strip the building like the Clintons did.

Diogenes (sp?) has left the building.

Does Geithner Know What He's Going to Do?

OMG - cannot believe this - we had nominees pull out because they did not pay their babysitters SS. This weaseling and incompetent CROOK is now going to be in charge of the very system he exploits (CHEATS) ???
1. He should be in jail. If you or I tried that line of bullshit, we would be.
2. Is this an example of " no more business as usual " in DC ???
3. So much for the integrity of our new " president " as well as the Senate !!!

We are in for a rough ride - have had some concerns for my country in the past but I am seriously worried for the first time.

Four Ways to Capitalize on 'Super Contango'

Excellent article. Perhaps an oversimplification on my part but it would appear that gasoline would be the better play as it continues to go up no matter what oil does - refiners are in a better position to control profits than OPEC, et al.

Wal-Mart: Not So Safe Haven in a Challenging Economy

Thanks for the response Alan - I think I get it.
My instincts are telling me to go buy calls on WMT but then a little voice in my head says buy puts. Bad enough my decisions are always wrong on WMT - even my brain is confused. LINE is looking good - maybe I'll jinx them !

Sam Walton Is Rolling in His Grave

Excellent article .

Ah yes - the view from the top - one has to wonder if the ozygen up there is a llttle thin ?
It would also seem that most of these high powered CEOs are WAY overpaid looking at recent events - hell - anybody can draw big bucks when things are going good. You earn your money when the S**t hits the fan.

Seems to me I recall way back when I first discovered WMT (when I was traveling and saw one I would actually get off the freeway even if I didn't need anything specifically) and they were a GREAT store to go into - every body friendly, clean, etc., that Sam touted the hell out of being, buying & selling American ???
Things have changed - I blame it at the store manager level - if one didn't know better you would swear they have a very powerful employee union. The mostly friendly folks are the gummer/geezers (like me) that are the greeters. Fact is other stores that have unions have way better customer relations.
Sad.

Wal-Mart: Not So Safe Haven in a Challenging Economy

Excellent article - a few questions:

You say - In the case of WMT, they use debt to enhance the earnings power of a very large and mature company, which isn't too surprising.
How does this work ?

How much effect is the China connection having on WMT ?

Seems to me I recall when Sam touted the hell out of being, buying & selling American ???

Merchandising must be very good - you hardly ever see the big clearance, closeout, etc sales , the others have - except seasonal clothing & gardening stuff.

I've tried playing WMT options both ways and am always on the wrong side.

Thanks again for a very informative article.

Oil: Our Biggest Ally

Sure - oil is continuing to drop - WHY THE F**K IS GASOLINE GOING UP 2 - 10 CENTS DAY ?????

Obama Calls for Doubling Renewable Energy in Three Years

Seeing as most of the stimulus will probably be in infrastructure and 40% of the jobs will be for women - I can hardly wait to see all those short-shorts & hot sweaty t-shirts out there aworkin in them there ditches. Whoee.