How is the stimulus like welfare when almost all of it is going to tax breaks and infrastructure spending. Another uneducated wingnut, better for you to keep your little pennies out of the market.
On Apr 05 03:51 PM realold wrote:
> IMacro man seems to be near to the real situation. The third person > writing is just horrible, however. To me, the real situation is > that the Obama administration, per his VP, is "not letting any diaster > go unused" or words to that effect. All the "stimulus" is really > welfare and, as such. helps no one in the long run. If we were really > building infrastructure, then we would have something. In reality, > infrastructure spending is what 3% of the total spending? > > My point is that the market and the economy are headed for a long > long slide. Money that could go to growth is going to government > and welfare. Although Bush style government just makes the wealthy > better off, Obamanomics will draw us all down to the least common > denominator - poor. > > How could anyone see the market going higher or apply Elliot wave > theory to this political and human disaster? I trade the market, > but expect only brief upward movements. Long term, it will be very > difficult, probably impossible, just to stay even. Invest in gold, > and have it confiscated. > > Good luck to all.
Markets Soar as President's Aura Fades [View article]
This is such an absurd piece, right off the bat you claim the first few weeks of the Obama administration haven't been off to a great start. Huh? He has done more in his first few weeks than any other President has ever done and his approval remains high and approval for his policies remain even higher. He isn't going to make little short-term prescriptions to help idiotic day traders, but a fundamental strengthening of the market to help the long-term economy. He's inherited a massive recession from Bush and the Republicans and now some wingnut morons who are broke are asking him to wave a wand to fix it. Typical right-wingers, destroy the economy then leave it to the Democrats to fix it.
I agree with Stewart almost completely but I give Cramer a lot of credit for being such a good sport. Also Cramer doesn't say he's a journalist, he's a stock picker and he makes bad picks a lot of times. But Stewart's real beef is with CNBC, they do fail completely on being financial journalists with the exception of Faber and Liesman. Everyone else is a joke, especially the anchors and Charlie Gasbagrhino who is dumb enough to actually think he has "sources" when everything he says proves to be completely off. Moron doesn't realize he's a tool.
Jon Stewart on CNBC's 'Worthlessness' [View article]
There is another channel - Bloomberg. Much better, just the financial news and none of the nonsense shouting and Jerry Springer type commentary.
On Mar 05 11:39 AM paulvard wrote:
> I am glad I found a forum to vent out about CNBC. There ought to > have another channel that competes against this channel. That channel > is the nest of greedy, arrogant, out of touch people. It looks like > these are ceo-wannabes that didn't make it. They are so out of touch > is hurts. Whoever produce and cast this channel should be fired. > From a senile talking moron Kudlow to smart but psychopatic Cramer > to greedy Cabrera. Santelli and that stupid-faced kneale these people > represents what is so bad about Wall street. And they are surprised > why there are seething anger in Main street
The Bubble of Uncertainty Is About to Burst [View article]
This guy has been practically 100% wrong on every single call he has ever made. Look at his past articles, it's not that hard! If you listened to him you would have lost everything by now. He's been pushing stocks like BAC and even AIG for months and months, both are essentially wiped out. He's been calling a market bottom since before the Dow fell below 10,000! Last fall he was writing about how Paulson was the smartest Treasury Secretary and would lead us out of this mess! How can SeekingAlpha keep allowing failures like this post articles? Never take investment advice from someone broke or a proven flunky - this guy is both! Seriously, this site is becoming more and more meaningless each passing weak.
Cramer vs. Buffett: An ETF Perspective [View article]
I almost threw up when you said you respected Cramer. I can't believe you'd even compare some loud mouth evangelist with a horrible track record to the most successful value investor the world has ever known. Ridiculous.
Ediets.com Inc. Q4 2007 Earnings Call Transcripts [View article]
I like this one as a speculative play for a possible 3-bagger type return. This company was taken over by a hedge fund a year ago and they've restructured the business and introduced a meal delivery service like NTRI only better, they've partnered up with Glaxo to offer meals specifically designed for Alli users. They gave guidance of $50MM for 2008 w/o the Alli deal done at that point. Even with $50MM in revenue this will be an $8 or $9 stock, but I think it will be much better than that. It is currently trading at $4.50-$5.00 range from where I think this is very well supported.
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Latest | Highest ratedThe Worst Isn't Over Yet [View article]
On Apr 05 03:51 PM realold wrote:
> IMacro man seems to be near to the real situation. The third person
> writing is just horrible, however. To me, the real situation is
> that the Obama administration, per his VP, is "not letting any diaster
> go unused" or words to that effect. All the "stimulus" is really
> welfare and, as such. helps no one in the long run. If we were really
> building infrastructure, then we would have something. In reality,
> infrastructure spending is what 3% of the total spending?
>
> My point is that the market and the economy are headed for a long
> long slide. Money that could go to growth is going to government
> and welfare. Although Bush style government just makes the wealthy
> better off, Obamanomics will draw us all down to the least common
> denominator - poor.
>
> How could anyone see the market going higher or apply Elliot wave
> theory to this political and human disaster? I trade the market,
> but expect only brief upward movements. Long term, it will be very
> difficult, probably impossible, just to stay even. Invest in gold,
> and have it confiscated.
>
> Good luck to all.
Markets Soar as President's Aura Fades [View article]
Cramer Grilled on Jon Stewart [View article]
Jon Stewart on CNBC's 'Worthlessness' [View article]
On Mar 05 11:39 AM paulvard wrote:
> I am glad I found a forum to vent out about CNBC. There ought to
> have another channel that competes against this channel. That channel
> is the nest of greedy, arrogant, out of touch people. It looks like
> these are ceo-wannabes that didn't make it. They are so out of touch
> is hurts. Whoever produce and cast this channel should be fired.
> From a senile talking moron Kudlow to smart but psychopatic Cramer
> to greedy Cabrera. Santelli and that stupid-faced kneale these people
> represents what is so bad about Wall street. And they are surprised
> why there are seething anger in Main street
The Bubble of Uncertainty Is About to Burst [View article]
Cramer vs. Buffett: An ETF Perspective [View article]
Ediets.com Inc. Q4 2007 Earnings Call Transcripts [View article]