Briggsy

Total Rating:
+4 / -4

38 Comments

    • Sat Nov 15th 11:24 AM | Rating: 0 0
      Commented on:
      UltraShort ETFs: At a Tipping Point?
      There is at least one triple short now. BGZ
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    • Sun Nov 9th 12:44 PM | Rating: +3 -4
      Commented on:
      The Winners Will Be Those Who Look to Gold and Commodities
      You can eat food and you can burn energy. What can you do with gold?
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    • Sun Nov 9th 01:30 AM | Rating: +1 0
      Commented on:
      Detroit is Hemorrhaging
      Something about that Chrysler 300 really pushes my buttons. It looks just yummy to me. But then I googled some customer reviews and saw the living hell those people are going through.

      Think I'll stick with my Camry. Thanks anyhoo Detroit.
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    • Thu Nov 6th 00:32 AM | Rating: 0 0
      Commented on:
      Today's Market Action
      The election of 1900 was McKinley not TR.
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    • Tue Oct 28th 14:36 PM | Rating: 0 0
      Commented on:
      Ten Largest S&P 500 Declines Without a Rally
      Wow, thanks for the smelling salts. This is ridiculous. I'm buying for a rebound.
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    • Sat Oct 11th 18:50 PM | Rating: 0 0
      Commented on:
      How Oversold Are We?
      PrudentMan, how can you rail against the evils of socialism when capitalism has just "redistributed&qu... so much of the national wealth into a black hole? Gone. Destroyed.

      We don't need to repeat the mistakes of the Soviets just in order to reign in the anything-for-a-buck animal spirits of the wild west.

      Steady growth without boom and bust has always been a desirable goal. Otherwise we are simply rolling the dice with a financial China Syndrome.
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    • Wed Sep 24th 20:43 PM | Rating: 0 0
      Commented on:
      The Bailout's Auction Design: How About a Market?
      If by CDOs you mean mortgages, then each one is unique. They are not fungible by their very nature.

      We need a small working group to quickly look at the details of each one proposed for auction and rank it for (1) payment history, (2) current loan to value (use Zillow), and (3) credit rating of the borrower.

      Numismatic markets depend on an accepted grading system which differentiates gems from common date circulated specimens. If you don't grade the inventory, the pig-in-a-poke problem will persist, and you will not realize full if any value from an auction.
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    • Tue Sep 16th 16:49 PM | Rating: 0 0
      Commented on:
      Witnessing History
      Good for you iThinkBig. Per Harry Truman: "I never give them hell. I just tell the truth and they think it's hell."
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    • Sun Sep 7th 13:07 PM | Rating: 0 0
      Commented on:
      More Cramer Silliness; PIMCO's Active ETF Game Changer
      Bob Brinker recommends no more than 4 percent in any single company. That means no less than 25 stocks.
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    • Sun Sep 7th 12:28 PM | Rating: 0 0
      Commented on:
      Fannie and Freddie: We All Support You!
      MediaGuy, this resembles a Chapter 11 in its effect for the holders of common stock. Existing equity capital is cancelled and charged off. Why did you ride the price to zero when everyone else was running for the exits? Was it because you misunderstood that the "implicit government guarantee" did NOT pertain to someone's ownership interest in the enterprise?
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    • Sun Sep 7th 12:10 PM | Rating: 0 0
      Commented on:
      What Will Fannie / Freddie Mean for Monday?
      You didn't mention anything about the effect of this announcement on the dollar, interest rates, and commodity prices.

      Isn't the implication that the dollar will be down and that interest rates and commodity prices, including oil, will be up?
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    • Wed Sep 3rd 13:04 PM | Rating: 0 0
      Commented on:
      Is the Bull Run in Commodities Over?
      Realsit, your urban food observation would seem to make a strong case for hydroponics and the electricity grid.
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    • Wed Sep 3rd 12:35 PM | Rating: 0 0
      Commented on:
      Hedge Fund Blow-Up Letters: Where Are the Apologies?
      "Couldn’t tell them sooner? I see, you didn’t want to scare them. Great stewardship, Mr. Cayne."

      The FDIC troubled banks list is kept secret for this same reason.
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    • Wed Sep 3rd 12:23 PM | Rating: 0 0
      Commented on:
      Is the Market Rolling Over?
      Why are the point & figure charts for these indexes still strongly bullish?
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    • Wed Sep 3rd 12:10 PM | Rating: 0 0
      Commented on:
      Precious Metals Manipulation: Lawyers Prepare for Battle
      The author is clearly a disgruntled gold bug. But I will echo his sentiments to this extent:

      Phony gold is fraud regardless of the apparent strength of the counterparty minting it, and the Comex harms its brand by not policing the abuse; and

      Commodity speculation of any kind is not a suitable activity for FDIC insured banks.
      View article »
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