InvestBaboo's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/176707/comments http://seekingalpha.com/article/161775-dell-deal-proves-brocade-s-unique-position?source=feed#comment-678866 678866 Wed, 16 Sep 2009 09:21:25 -0400 http://seekingalpha.com/instablog/176707-investbaboo/25448-myl-and-sepr?source=feed#comment-659705 659705 Thu, 03 Sep 2009 02:05:01 -0400 http://seekingalpha.com/article/156630-expect-a-selloff-for-brocade?source=feed#comment-633892 633892

On Aug 17 06:54 PM Bill L. wrote:

> Can you send me a link on this?]]> Mon, 17 Aug 2009 19:01:00 -0400

On Aug 17 06:54 PM Bill L. wrote:

> Can you send me a link on this?]]> http://seekingalpha.com/article/156630-expect-a-selloff-for-brocade?source=feed#comment-633854 633854
Expect Brocade to significantly revise upward its future forecast which will cause a runup in the stock and break of the resistance at 9 and change. From thereon it is uncharted waters as the stock will seek new levels without historical baggage. Earnings coming this Thursday.]]> Mon, 17 Aug 2009 18:26:47 -0400
Expect Brocade to significantly revise upward its future forecast which will cause a runup in the stock and break of the resistance at 9 and change. From thereon it is uncharted waters as the stock will seek new levels without historical baggage. Earnings coming this Thursday.]]> http://seekingalpha.com/article/156630-expect-a-selloff-for-brocade?source=feed#comment-633822 633822
Brocade is a very different company now. They have acquired Foundry which gave them a whole new range of products. Also, from the Brocade side of the house have come a whole new range of products that have taken market share away from Cisco. Their OEM strategy is new and is getting them major vendor one after another.

If you had applied this logic to Apple which was range bound for a long time then it would have never traded at current levels. Your logic makes no sense.
]]> Mon, 17 Aug 2009 18:02:09 -0400
Brocade is a very different company now. They have acquired Foundry which gave them a whole new range of products. Also, from the Brocade side of the house have come a whole new range of products that have taken market share away from Cisco. Their OEM strategy is new and is getting them major vendor one after another.

If you had applied this logic to Apple which was range bound for a long time then it would have never traded at current levels. Your logic makes no sense.
]]> http://seekingalpha.com/article/155631-etrade-not-for-the-faint-hearted?source=feed#comment-627487 627487
Etrade is a stock that could quadruple within the next year. It's time has come.]]> Wed, 12 Aug 2009 19:17:53 -0400
Etrade is a stock that could quadruple within the next year. It's time has come.]]> http://seekingalpha.com/article/140988-10-upcoming-catalysts-for-atp-oil-and-gas?source=feed#comment-554088 554088 Fri, 19 Jun 2009 13:37:01 -0400 http://seekingalpha.com/article/140988-10-upcoming-catalysts-for-atp-oil-and-gas?source=feed#comment-552982 552982
This is one of the best researched articles I have read on SeekingAlpha. Furthermore, you have replied to every post where a question was asked without taking offence.

I spotted ATPG when it registered a Buy signal on the chart in early May. I am a chart reader first and do fundamental analysis next. I searched SeekingAlpha and came across your article and loved the story. The charts said YES and your fundamental analysis said YES. Another enticing factor was that this was once a fifty dollar stock (!) and it stands to reason that if someone paid fifty bucks for it once they will remember it and support the stock once it starts showing upwards momentum.

I would really like to double down or triple down on ATPG however a couple of things bother me. Perhaps, you can answer?

#1 Throughout your article and in the posts thereafter you seemed to firmly believe that they would not dilute. It was so strongly against their interests given the CEO and CFO's significant stake in the company. BUT THEY DID IT! Instead of reevaluating your position and checking facts againt you have forgiven them too easily. If the story is this good and if the stock price potential is so high would you not think that they would leave no stone unturned to not dilute? In fact, you firmly believed that they had other ways to get the money they needed. How come they still diluted? Is there something you do not know and the big money knows that caused management to do this?

#2 On June 15, 2009 the ATPG daily charts registerd a Sell signal. Ever since then this equity has headed south. Weekly charts are perhaps a day or two away from registering a sell signal. A Sell on the weekly charts if it happens almost certainly means this stock is headed down to the $5 range. What I am saying here is irrespective of the fundamentals you detail big money is running from the stock fast and furiously.

#3 I fell for a similar stock on SeekingAlpha - a company named LDK Solar which was touted by many authors on SeekingAlpha as $120 stock that was misunderstood and was stuck in the $40 range. Same kind of analysis that you provided accompanies these articles to rationalize why this was a $120-plus stock. This company was one of the largest producers of polysilicon on the planet, had many many delivery agreements, was building a new generation plant that would give them even lower cost and so on and on. Almost every day the company issued press releases touting yet another delivery agreement with yet another brand name company. They did have to acquire a lot of debt to bring their new plant online much like ATPG but the authors were confident the company could easily handle the debt load. For some mysterious reason the stock was going down every day. Instead of going to $120 in 6 months the stock went to single digits! What went wrong? Well, it turns out that the company lied about their new plant and when it would come online. They lied about Polysilicon price points which went south quite drastically. Instead of upbeat quarter they announced massively disappointing earnings and they stock got hammered. And when they went ahead and did a surprising dilution event (much like ATPG) the backers who balked at first found it easy to forgive the company and came up with rationale that justifed the diluation. Much like ATPG! And most importantly -- the Street had no faith in the management and that was one of the reasons why they did not trust anything the managemeng said and eventually the Street was proven right. So if things are this good and the management is telling the Street all the information you seemed to have acquired from them yet the stock is headed south -- is this because the Street distrusts the management?

Your perspective much appreciated.]]> Thu, 18 Jun 2009 18:14:04 -0400
This is one of the best researched articles I have read on SeekingAlpha. Furthermore, you have replied to every post where a question was asked without taking offence.

I spotted ATPG when it registered a Buy signal on the chart in early May. I am a chart reader first and do fundamental analysis next. I searched SeekingAlpha and came across your article and loved the story. The charts said YES and your fundamental analysis said YES. Another enticing factor was that this was once a fifty dollar stock (!) and it stands to reason that if someone paid fifty bucks for it once they will remember it and support the stock once it starts showing upwards momentum.

I would really like to double down or triple down on ATPG however a couple of things bother me. Perhaps, you can answer?

#1 Throughout your article and in the posts thereafter you seemed to firmly believe that they would not dilute. It was so strongly against their interests given the CEO and CFO's significant stake in the company. BUT THEY DID IT! Instead of reevaluating your position and checking facts againt you have forgiven them too easily. If the story is this good and if the stock price potential is so high would you not think that they would leave no stone unturned to not dilute? In fact, you firmly believed that they had other ways to get the money they needed. How come they still diluted? Is there something you do not know and the big money knows that caused management to do this?

#2 On June 15, 2009 the ATPG daily charts registerd a Sell signal. Ever since then this equity has headed south. Weekly charts are perhaps a day or two away from registering a sell signal. A Sell on the weekly charts if it happens almost certainly means this stock is headed down to the $5 range. What I am saying here is irrespective of the fundamentals you detail big money is running from the stock fast and furiously.

#3 I fell for a similar stock on SeekingAlpha - a company named LDK Solar which was touted by many authors on SeekingAlpha as $120 stock that was misunderstood and was stuck in the $40 range. Same kind of analysis that you provided accompanies these articles to rationalize why this was a $120-plus stock. This company was one of the largest producers of polysilicon on the planet, had many many delivery agreements, was building a new generation plant that would give them even lower cost and so on and on. Almost every day the company issued press releases touting yet another delivery agreement with yet another brand name company. They did have to acquire a lot of debt to bring their new plant online much like ATPG but the authors were confident the company could easily handle the debt load. For some mysterious reason the stock was going down every day. Instead of going to $120 in 6 months the stock went to single digits! What went wrong? Well, it turns out that the company lied about their new plant and when it would come online. They lied about Polysilicon price points which went south quite drastically. Instead of upbeat quarter they announced massively disappointing earnings and they stock got hammered. And when they went ahead and did a surprising dilution event (much like ATPG) the backers who balked at first found it easy to forgive the company and came up with rationale that justifed the diluation. Much like ATPG! And most importantly -- the Street had no faith in the management and that was one of the reasons why they did not trust anything the managemeng said and eventually the Street was proven right. So if things are this good and the management is telling the Street all the information you seemed to have acquired from them yet the stock is headed south -- is this because the Street distrusts the management?

Your perspective much appreciated.]]> http://seekingalpha.com/article/143048-is-rambus-the-next-27-bagger?source=feed#comment-551406 551406
As per the charts RMBS generated a strong buy signal the last week of April. It has been on a run since stopping every now and then consolidating and moving higher. Going purely by the charts this stock looks like a good investment irrespectivf of all the hype published in this article. I would buy it at current price and put a stop loss at 15.5.]]> Thu, 18 Jun 2009 02:13:36 -0400
As per the charts RMBS generated a strong buy signal the last week of April. It has been on a run since stopping every now and then consolidating and moving higher. Going purely by the charts this stock looks like a good investment irrespectivf of all the hype published in this article. I would buy it at current price and put a stop loss at 15.5.]]> http://seekingalpha.com/instablog/176707-investbaboo/7548-us-gold-and-silver-charts-say?source=feed#comment-546066 546066
Two things with respect to the dollar. First, the charts. A definite downtrend. Second, the fundamentals. With debt to GDP ratio now set to exceed 78% the dollar will come under severe pressure. Remember, there is still 2 trillion dollars in debt to be issued by the treasury. Your point on the safe haven was applicable in March of this year when gates to hell seemed to have opened. Now that the markets are (relatively) stable the safe haven appeal has reduced.

Now on to Gold - the charts have exhibited some heavy stress but not a sell signal yet. I am expecting that Gold will hit its low this Monday or Tuesday before resuming its climb. Gold is a hedge against a falling dollar and also rising inflation. Gold and Silver are essential components of a well diversified portfolio.]]> Sun, 14 Jun 2009 11:35:25 -0400
Two things with respect to the dollar. First, the charts. A definite downtrend. Second, the fundamentals. With debt to GDP ratio now set to exceed 78% the dollar will come under severe pressure. Remember, there is still 2 trillion dollars in debt to be issued by the treasury. Your point on the safe haven was applicable in March of this year when gates to hell seemed to have opened. Now that the markets are (relatively) stable the safe haven appeal has reduced.

Now on to Gold - the charts have exhibited some heavy stress but not a sell signal yet. I am expecting that Gold will hit its low this Monday or Tuesday before resuming its climb. Gold is a hedge against a falling dollar and also rising inflation. Gold and Silver are essential components of a well diversified portfolio.]]> http://seekingalpha.com/instablog/176707-investbaboo/5744-reload-on-gold-stocks-on-any-pullback?source=feed#comment-539779 539779
I wish it was easy to explain. I use several charts starting with the Prophet Charts built into my trading platform, ThinkOrSwim. Secondly, I use chart programs from StockCharts.com. A lot of people use different methods to analyze charts but I use my own which I learnt over the last 2 years. For instance, I pay more attention to price-volume action above and below the moving averages than to lagging indicators such as CCI, Stochastics, etc. And then I combine this with my own wisdom and experience from the past to get a handle on what the future may hold. So two people may look essentially at the same chart and come up with two different outlooks. That is when you need to look at the track record of the person and decide whose anaysis you like better.]]> Tue, 09 Jun 2009 20:48:17 -0400
I wish it was easy to explain. I use several charts starting with the Prophet Charts built into my trading platform, ThinkOrSwim. Secondly, I use chart programs from StockCharts.com. A lot of people use different methods to analyze charts but I use my own which I learnt over the last 2 years. For instance, I pay more attention to price-volume action above and below the moving averages than to lagging indicators such as CCI, Stochastics, etc. And then I combine this with my own wisdom and experience from the past to get a handle on what the future may hold. So two people may look essentially at the same chart and come up with two different outlooks. That is when you need to look at the track record of the person and decide whose anaysis you like better.]]> http://seekingalpha.com/article/141748-is-the-powerful-market-rally-running-out-of-steam?source=feed#comment-535900 535900
I saw articles with almost the same headline and same theme 1 month into the rally, 2 months into the rally, 3 months into the rally..

I suspect we will see more of these 4 months into the rally, 5 months into the rally, 6 months into the rally....]]> Sun, 07 Jun 2009 13:56:18 -0400
I saw articles with almost the same headline and same theme 1 month into the rally, 2 months into the rally, 3 months into the rally..

I suspect we will see more of these 4 months into the rally, 5 months into the rally, 6 months into the rally....]]> http://seekingalpha.com/article/141821-microsoft-s-great-week?source=feed#comment-535893 535893 Sun, 07 Jun 2009 13:52:52 -0400 http://seekingalpha.com/article/141798-the-bull-is-back-on-so-many-levels?source=feed#comment-535778 535778
Now to the fundamentals. Who in hell really knows what the market is seeing a few months out down the road? While TraderMark gripes that P/E is out of whack it is because he (or I or anyone for that matter) can not really figure out the "E" part of P/E going down the road. If you use an optimistic number for the "E" then you are way undervalued and if you use a pessimistic number for the "E" then you are way overvalued. The market appears to be betting on a much larger "E" then what the bears seem to be forecasting. The next quarter earnings period will shed a more clear light on this picture.

However, I hasten to point out something important. It is the action in markets in China and India. I had noticed that the three markets (U.S.A., China and India) were pretty much in lock-step until a few weeks back. In other words, the old adage that when the U.S. sneezes China and India have caught the flu used to be true but no longer. Both China and India markets are making new highs as if they are unhinged from the U.S. markets. Does this mean that the theory that the China stimulus is going to drag us out of this rut has some validity to it? If consumption picks up substantially in China and India and the U.S. consumer is not as bad off as we thing he is then it is possible that the "E" part of our multi nationals will improve more significantly than we have given them credit for.

There is hope when you look at the fundamentals with the colored glasses I wear when I look at them. The only danger I see is if the next Q numbers don't validate to the market that the "E" picture is improving substantially then this rally may run into a wall. If however the "E" picture as envisioned by the street seems to be on track then we are looking at the Dow plowing pas 9000 and S&P past 1000 to new heights. Doom, death and despair that you see in the air aside what the market really cares is if the "E" is solid in the "P/E" and so far there are signs that it is. ]]> Sun, 07 Jun 2009 12:22:57 -0400
Now to the fundamentals. Who in hell really knows what the market is seeing a few months out down the road? While TraderMark gripes that P/E is out of whack it is because he (or I or anyone for that matter) can not really figure out the "E" part of P/E going down the road. If you use an optimistic number for the "E" then you are way undervalued and if you use a pessimistic number for the "E" then you are way overvalued. The market appears to be betting on a much larger "E" then what the bears seem to be forecasting. The next quarter earnings period will shed a more clear light on this picture.

However, I hasten to point out something important. It is the action in markets in China and India. I had noticed that the three markets (U.S.A., China and India) were pretty much in lock-step until a few weeks back. In other words, the old adage that when the U.S. sneezes China and India have caught the flu used to be true but no longer. Both China and India markets are making new highs as if they are unhinged from the U.S. markets. Does this mean that the theory that the China stimulus is going to drag us out of this rut has some validity to it? If consumption picks up substantially in China and India and the U.S. consumer is not as bad off as we thing he is then it is possible that the "E" part of our multi nationals will improve more significantly than we have given them credit for.

There is hope when you look at the fundamentals with the colored glasses I wear when I look at them. The only danger I see is if the next Q numbers don't validate to the market that the "E" picture is improving substantially then this rally may run into a wall. If however the "E" picture as envisioned by the street seems to be on track then we are looking at the Dow plowing pas 9000 and S&P past 1000 to new heights. Doom, death and despair that you see in the air aside what the market really cares is if the "E" is solid in the "P/E" and so far there are signs that it is. ]]> http://seekingalpha.com/article/141605-the-coming-economic-collapse-part-1?source=feed#comment-534993 534993
#5 The U.S. dollar will continue its downward trend due to natural market forces all of which I think you can find in the plenty of criticisms that Graham has levelled against the U.S. economy. It is for these very reasons the dollar is falling. The dollar's fall will naturally increase the price of commodities because they are all priced in dollars. The prices for oil, crops, just about any commodity will increase significantly. This will incenticize production of more oil, more green energy, more crops, more metals, etc., most of which will happen in the U.S. because:
-- The falling dollar will reduce the cost of U.S. labor.
-- The falling dollar will increase transportation costs so much so that production of goods needs to happen close to where it is being consumed.
-- The cost of imports will rise so much because of the falling dollar and increased transportation costs that more people will consume Made in America goods. Which in turn will increase jobs here.
-- The cost of debt service will fall because of the decline in the value of the dollar which in turn will reduce the burden on our deficits which in turn will allow for the govt to pass on the savings to reduction in taxes and such.]]> Sat, 06 Jun 2009 14:06:14 -0400
#5 The U.S. dollar will continue its downward trend due to natural market forces all of which I think you can find in the plenty of criticisms that Graham has levelled against the U.S. economy. It is for these very reasons the dollar is falling. The dollar's fall will naturally increase the price of commodities because they are all priced in dollars. The prices for oil, crops, just about any commodity will increase significantly. This will incenticize production of more oil, more green energy, more crops, more metals, etc., most of which will happen in the U.S. because:
-- The falling dollar will reduce the cost of U.S. labor.
-- The falling dollar will increase transportation costs so much so that production of goods needs to happen close to where it is being consumed.
-- The cost of imports will rise so much because of the falling dollar and increased transportation costs that more people will consume Made in America goods. Which in turn will increase jobs here.
-- The cost of debt service will fall because of the decline in the value of the dollar which in turn will reduce the burden on our deficits which in turn will allow for the govt to pass on the savings to reduction in taxes and such.]]> http://seekingalpha.com/article/141605-the-coming-economic-collapse-part-1?source=feed#comment-534970 534970
That said let me comment a bit on Graham's article:

#1 While it is true that the many jobs have moved to China and India it is the U.S. companies that own these labor forces and are running the show. The American labor force is quickly figuring out that the value-add does not come from the tail of the dragon but from being in the head of the dragon. The smarter labor force is moving to the head of the chain and let the body be filled by labor force from the likes of China and India. I am in the tech industry and I am increasingly making my living by managing projects in other countries rather than being one of the individual producers on the project. I understand not everyone can do this but as the younger workforce that is replacing the current generation is getting more and more adept at getting into the head of the chain and not the body of the chain.

#2 The U.S. has created or is in the process of creating several new industries where we lead and even staff the labor chain because the third world is yet up to par in terms of technology and skills. These industries lie in high tech, pharma, biotech and the new Obama initiative of clean energy. There is a ton of venture money flowing into clean energy. Of all industries the one that offers the best hope for the larger left-behind displaced manufacturing type labor force is clean energy. If the Obama initiative works then a movement of the labor force from the erstwhile auto and other ruined industries will begin to move into clean energy. Think -- you can't create energy in China and power a building here in the U.S.! You have to create the energy here which means jobs will have to be created here!

#3 The United States is vast and has a significant amount of natural resources. The steel, the metals, and different mining companies will have strong incentives to reopen their mines and start digging this stuff out of the ground because now we have a 2 billion plus consumers with cash (China + India) that need these raw materials so that they can improve their lives. Why do you think the stock prices of mining companies (ex. Freeport McMoran) is going through the roof? It is just a matter of time before the Obama administration comes up with a scheme to approve safe drilling because the demand for even conventional energy will be so high and offshore and onshore drilling pace will increase dramatically. Oil companies that own leases that are already approved will start drilling. (The price of oil rising to $70-$80 level is therefore a good thing for both traditional energy industry and new green energy industry) This will lead to significant job creation. The irony of this all is that we made the people of China and India richer and now we will work for them to improve their livelihood while pocketing an income doing so. So making people of China and India rich was not a bad thing. Now they can afford to buy the ipod, the Cisco routers, the Brocade switches, the Amgen drugs, the Freeport copper, etc. So you need to literally think of all the jobs we moved overseas as a sort of investment in that we created a new economy into which we can sell our products into!

#4 DO NOT UNDERESTIMATE the agricultural prowess of the United States of America! Do you understand that there is a serious land shortage in China and India and that farmlands are scarce and getting eaten up by an ever increasing population? We have millions and millions of acres of fertile farmland on which crops will be grown to feed these people. Why do you think the stocks of companies like Potash and Agrium are going up? Back to basics now -- a large amount of jobs will be created in agriculture in the U.S. while China and India will produce less and less agriculture products. Why do you think the famed investor Jim Rogers is buying farmland and is producing crops??? Land is more plentiful here than in the third world. Europe has zilch farmland -- it is so small!

Don't give up on the U.S.A. yet! The free enterprise system that we have here which is way better than China and India will figure out exactly what competitive edge we have and exploit them to once again rule this world as the leading economy. I suggest you look at just how big of an economy the U.S. is as compared to any other country in the world. We are not going away -- not by a long shot!
]]> Sat, 06 Jun 2009 13:27:23 -0400
That said let me comment a bit on Graham's article:

#1 While it is true that the many jobs have moved to China and India it is the U.S. companies that own these labor forces and are running the show. The American labor force is quickly figuring out that the value-add does not come from the tail of the dragon but from being in the head of the dragon. The smarter labor force is moving to the head of the chain and let the body be filled by labor force from the likes of China and India. I am in the tech industry and I am increasingly making my living by managing projects in other countries rather than being one of the individual producers on the project. I understand not everyone can do this but as the younger workforce that is replacing the current generation is getting more and more adept at getting into the head of the chain and not the body of the chain.

#2 The U.S. has created or is in the process of creating several new industries where we lead and even staff the labor chain because the third world is yet up to par in terms of technology and skills. These industries lie in high tech, pharma, biotech and the new Obama initiative of clean energy. There is a ton of venture money flowing into clean energy. Of all industries the one that offers the best hope for the larger left-behind displaced manufacturing type labor force is clean energy. If the Obama initiative works then a movement of the labor force from the erstwhile auto and other ruined industries will begin to move into clean energy. Think -- you can't create energy in China and power a building here in the U.S.! You have to create the energy here which means jobs will have to be created here!

#3 The United States is vast and has a significant amount of natural resources. The steel, the metals, and different mining companies will have strong incentives to reopen their mines and start digging this stuff out of the ground because now we have a 2 billion plus consumers with cash (China + India) that need these raw materials so that they can improve their lives. Why do you think the stock prices of mining companies (ex. Freeport McMoran) is going through the roof? It is just a matter of time before the Obama administration comes up with a scheme to approve safe drilling because the demand for even conventional energy will be so high and offshore and onshore drilling pace will increase dramatically. Oil companies that own leases that are already approved will start drilling. (The price of oil rising to $70-$80 level is therefore a good thing for both traditional energy industry and new green energy industry) This will lead to significant job creation. The irony of this all is that we made the people of China and India richer and now we will work for them to improve their livelihood while pocketing an income doing so. So making people of China and India rich was not a bad thing. Now they can afford to buy the ipod, the Cisco routers, the Brocade switches, the Amgen drugs, the Freeport copper, etc. So you need to literally think of all the jobs we moved overseas as a sort of investment in that we created a new economy into which we can sell our products into!

#4 DO NOT UNDERESTIMATE the agricultural prowess of the United States of America! Do you understand that there is a serious land shortage in China and India and that farmlands are scarce and getting eaten up by an ever increasing population? We have millions and millions of acres of fertile farmland on which crops will be grown to feed these people. Why do you think the stocks of companies like Potash and Agrium are going up? Back to basics now -- a large amount of jobs will be created in agriculture in the U.S. while China and India will produce less and less agriculture products. Why do you think the famed investor Jim Rogers is buying farmland and is producing crops??? Land is more plentiful here than in the third world. Europe has zilch farmland -- it is so small!

Don't give up on the U.S.A. yet! The free enterprise system that we have here which is way better than China and India will figure out exactly what competitive edge we have and exploit them to once again rule this world as the leading economy. I suggest you look at just how big of an economy the U.S. is as compared to any other country in the world. We are not going away -- not by a long shot!
]]> http://seekingalpha.com/article/140705-another-sign-of-recovery-spy-breaks-200-day-ma?source=feed#comment-527603 527603 Tue, 02 Jun 2009 01:26:02 -0400 http://seekingalpha.com/article/138610-ignore-the-investment-advice-you-hear-on-tv?source=feed#comment-525711 525711 Sun, 31 May 2009 19:50:29 -0400 http://seekingalpha.com/article/140224-can-microsoft-s-bing-actually-take-search-share-from-google?source=feed#comment-525692 525692 Sun, 31 May 2009 19:15:46 -0400 http://seekingalpha.com/article/140377-rising-interest-rates-signal-hyperinflationary-depression?source=feed#comment-524814 524814
While things are never as good as they seem they are also never as bad as they seem. The author says with a straight face that the commercial real estate debt coming due is $178 billion as if this will torpedo the economy! This is in the context of words such as "gigantic" and "huge". Excuse me, is $178 billion not chump change compared to the trillions of dollars in debt problems we have been talking about?

The day that the housing prices reach a bottom and start climbing up (indications are that this is very near) the economy will recover. Due to the enormous amount of money being put in the recovery will be much faster. Inventory levels have fallen so much that sooner or later companies have to replenish it and this will begin the cycle of hiring. Spending is at an artificial low because even the 92% that have the jobs have been affraid to spend. When they see signs of recovery they will start spending at an increased level which in turn will lead to more manufacturing and additional creation of needed services and this will feed itself into increased employment. The good that has come out of this economic meltdown fiasco is that America and its people have learnt a big lesson and when we remake the nation we will emerge as much better and smarter people. Therefore, the foundation we are laying for the next bull market rally will be a strong one. All will end well but only a few will see the end for it will be and profit immensely from the ensuing recovery rally. Don't let articles like this dissuade you from taking advantage fo what is likely to be one of the biggest recovery rallys everyand a once-in-a-generation wealth creation opportunity. ]]> Sun, 31 May 2009 03:12:46 -0400
While things are never as good as they seem they are also never as bad as they seem. The author says with a straight face that the commercial real estate debt coming due is $178 billion as if this will torpedo the economy! This is in the context of words such as "gigantic" and "huge". Excuse me, is $178 billion not chump change compared to the trillions of dollars in debt problems we have been talking about?

The day that the housing prices reach a bottom and start climbing up (indications are that this is very near) the economy will recover. Due to the enormous amount of money being put in the recovery will be much faster. Inventory levels have fallen so much that sooner or later companies have to replenish it and this will begin the cycle of hiring. Spending is at an artificial low because even the 92% that have the jobs have been affraid to spend. When they see signs of recovery they will start spending at an increased level which in turn will lead to more manufacturing and additional creation of needed services and this will feed itself into increased employment. The good that has come out of this economic meltdown fiasco is that America and its people have learnt a big lesson and when we remake the nation we will emerge as much better and smarter people. Therefore, the foundation we are laying for the next bull market rally will be a strong one. All will end well but only a few will see the end for it will be and profit immensely from the ensuing recovery rally. Don't let articles like this dissuade you from taking advantage fo what is likely to be one of the biggest recovery rallys everyand a once-in-a-generation wealth creation opportunity. ]]> http://seekingalpha.com/article/140385-does-sprint-have-any-steam-left?source=feed#comment-524808 524808 Sun, 31 May 2009 02:53:40 -0400 http://seekingalpha.com/article/140389-the-undefinable-unstoppable-bull-market-of-2009?source=feed#comment-524806 524806 Sun, 31 May 2009 02:51:28 -0400 http://seekingalpha.com/article/140322-gold-off-to-the-races?source=feed#comment-524395 524395 Sat, 30 May 2009 15:24:20 -0400 http://seekingalpha.com/article/140367-sell-in-may-not-this-time?source=feed#comment-524392 524392 Sat, 30 May 2009 15:19:53 -0400 http://seekingalpha.com/instablog/176707-investbaboo/5744-reload-on-gold-stocks-on-any-pullback?source=feed#comment-517982 517982 Tue, 26 May 2009 11:45:15 -0400 http://seekingalpha.com/article/139014-dollar-chart-tells-a-much-different-story-than-pundits-do?source=feed#comment-515103 515103
What I didn't do was short the dollar! It should have been an obvious trade!

On May 22 09:23 PM InvestBaboo wrote:

> Correctamundo!
>
> Here is what I did right but what I also didn't do that I should
> have done.
>
> A couple of weeks back for some strange reason out of the blue Gold
> charts started yelling buy! buy! buy! So I started checking various
> Gold miners and every one of them suddenly had developed technial
> metrics that yelled strong buy! Since I am a chart follower I did
> an immediate reallocation of my portfolio and gave a decent % to
> Gold miner stocks. So that you know I am not making this up I also
> published this in my blog. I was rather surprised by this because
> the equity rally appeared intact and inflation wasin check. Equity
> market continued deterriorating during the week and then comes this
> S&P wallop out of the blue and Gold made yet another strong leap
> upwards. The markets saw this coming a couple of weeks back and this
> also warns of something serious possibly developing like a global
> monetary crisis. Whether it does or not you can't go wrong investing
> in Gold because Gold acts as a great hedge againt any possible monetary
> crisis.]]> Fri, 22 May 2009 21:25:13 -0400
What I didn't do was short the dollar! It should have been an obvious trade!

On May 22 09:23 PM InvestBaboo wrote:

> Correctamundo!
>
> Here is what I did right but what I also didn't do that I should
> have done.
>
> A couple of weeks back for some strange reason out of the blue Gold
> charts started yelling buy! buy! buy! So I started checking various
> Gold miners and every one of them suddenly had developed technial
> metrics that yelled strong buy! Since I am a chart follower I did
> an immediate reallocation of my portfolio and gave a decent % to
> Gold miner stocks. So that you know I am not making this up I also
> published this in my blog. I was rather surprised by this because
> the equity rally appeared intact and inflation wasin check. Equity
> market continued deterriorating during the week and then comes this
> S&P wallop out of the blue and Gold made yet another strong leap
> upwards. The markets saw this coming a couple of weeks back and this
> also warns of something serious possibly developing like a global
> monetary crisis. Whether it does or not you can't go wrong investing
> in Gold because Gold acts as a great hedge againt any possible monetary
> crisis.]]> http://seekingalpha.com/article/139014-dollar-chart-tells-a-much-different-story-than-pundits-do?source=feed#comment-515101 515101
Here is what I did right but what I also didn't do that I should have done.

A couple of weeks back for some strange reason out of the blue Gold charts started yelling buy! buy! buy! So I started checking various Gold miners and every one of them suddenly had developed technial metrics that yelled strong buy! Since I am a chart follower I did an immediate reallocation of my portfolio and gave a decent % to Gold miner stocks. So that you know I am not making this up I also published this in my blog. I was rather surprised by this because the equity rally appeared intact and inflation wasin check. Equity market continued deterriorating during the week and then comes this S&P wallop out of the blue and Gold made yet another strong leap upwards. The markets saw this coming a couple of weeks back and this also warns of something serious possibly developing like a global monetary crisis. Whether it does or not you can't go wrong investing in Gold because Gold acts as a great hedge againt any possible monetary crisis. ]]> Fri, 22 May 2009 21:23:46 -0400
Here is what I did right but what I also didn't do that I should have done.

A couple of weeks back for some strange reason out of the blue Gold charts started yelling buy! buy! buy! So I started checking various Gold miners and every one of them suddenly had developed technial metrics that yelled strong buy! Since I am a chart follower I did an immediate reallocation of my portfolio and gave a decent % to Gold miner stocks. So that you know I am not making this up I also published this in my blog. I was rather surprised by this because the equity rally appeared intact and inflation wasin check. Equity market continued deterriorating during the week and then comes this S&P wallop out of the blue and Gold made yet another strong leap upwards. The markets saw this coming a couple of weeks back and this also warns of something serious possibly developing like a global monetary crisis. Whether it does or not you can't go wrong investing in Gold because Gold acts as a great hedge againt any possible monetary crisis. ]]> http://seekingalpha.com/article/139194-as-the-u-k-goes-so-goes-the-u-s?source=feed#comment-515092 515092
So "net net" what does the S&P actions should mean to you? It means BUY GOLD! Do it as soon as you can. There is no hedge like Gold against a possible monetary crisis that may occur in the future.]]> Fri, 22 May 2009 21:08:23 -0400
So "net net" what does the S&P actions should mean to you? It means BUY GOLD! Do it as soon as you can. There is no hedge like Gold against a possible monetary crisis that may occur in the future.]]> http://seekingalpha.com/article/139205-why-gold-enthusiasm-is-cool-again?source=feed#comment-515088 515088 Fri, 22 May 2009 20:53:33 -0400 http://seekingalpha.com/article/138022-the-bears-skepticism-is-getting-old?source=feed#comment-507277 507277
As I have always said everytime I have tried to judge the direction of the market based on my own anaysis I have been wrong. I just follow the trend. We have had a negative week and yet the charts don't say the trend has ended. If the trend does end I will jump ship and let my bearish emotions come out in full swing and have a good cry with all the bears. Meanwhile, I will finger those crispy currency notes I have in my pocket thanks to the recent bull market which I benefited from by just following the trend rather than sitting on the sidelines like most bears shaking their heads in disbelief. Why people just don't follow the market rather than sitting on the sidelines and trying to second-guess is beyond me!
]]> Sun, 17 May 2009 12:28:38 -0400
As I have always said everytime I have tried to judge the direction of the market based on my own anaysis I have been wrong. I just follow the trend. We have had a negative week and yet the charts don't say the trend has ended. If the trend does end I will jump ship and let my bearish emotions come out in full swing and have a good cry with all the bears. Meanwhile, I will finger those crispy currency notes I have in my pocket thanks to the recent bull market which I benefited from by just following the trend rather than sitting on the sidelines like most bears shaking their heads in disbelief. Why people just don't follow the market rather than sitting on the sidelines and trying to second-guess is beyond me!
]]>