ValueInvestor

Wall Street: Dumb as It Ever Was

Well the BLS said they've overstated job growth by 800,000 jobs since 2006 and will be adjusting the numbers downward in Feb '10 by that amount.

THATS 800,000 JOBS PEOPLE. An overstatement that big reeks of government deception. I wouldn't trust a lot of the numbers they throw out.

Breaking Up the Big Banks: Ackermann vs. Hoenig

I find big banks laughable. They say their size allows them to offer better rates and be more competitive. Well, just look at the rates (mortgage, interest, fees) credit unions and smaller regional banks offer and you'll see the big guys are raping the man in the street.

The too big to fail mantra is getting old.

Commodities: How to Trade Like Goldman Sachs

Where does this author come up with these calculations? Does he know how the futures market works? You can't simply buy Nat Gas at todays price of $4.90 and hold it for 12 months.

"Goldman is very bullish on Natural Gas. Their 3 month price target on Nat Gas is $6.50 while their 12 month target is $7.70. That is a 33% and 57% expected climb."

Uhmm, the 3 month price (March 10) is currently at $5.30 meaning an increase to $6.50 is only a 22.6% increase and the 12 month price (Dec 10) is currently at $6.60 meaning an increase to $7.70 is only a 16.6% increase.

Learn how the markets work before posting junk like this.

What You Don't Know About Gaming Could Make You Obsolete

There have been studies that proved playing "certain" video games keeps the mind active and can increase intelligence and reaction times.

Sure outdoor games can do wonders for the body, but not much for the mind. So a little of both is good IMO.

Google Voice Search Goes to China

I've used their voice search function on my iPhone and its pretty hit or miss. It works well with some words and not at all for others. Common words are done well, but try saying certain names and you'll still be using your keyboard.

Google's Android vs. Apple: History Repeats Itself

Anything by this author is generally speculation. Its all based on personal beliefs instead of actual evidence. The name Blind Reason is fitting.

Oil: Supply and Demand? Hardly!

boby,

They don't take delivery. They sell their positions before the last trading day.

koolsool,

Check out any oil sands companies annual report and you'll see that costs aren't as high as they make you beleive. Costs are closer to $50/barrel to extract, not $70 or $90 like some people state.

Have We Reached Peak Oil?

The problem I have with peak oil is that its based on conventional oil production which means nothing IMO. The only thing that should be talked about is total world production. How can people completely disregard unconventional production? It counts for a couple million barrels a day and growing.

I'm not saying it necessarily makes up for the slower production from conventional oil, but disregarding it paints a darker picture than reality.

Pig Farmers Are Making Me Nervous

I love it when people use the term "new reality" or "new normal". Economic forces don't change.

“the investment desert is littered with the bones of those who bet on new paradigms” – Jeremy Grantham

The Secret Paulson-Goldman Meeting

That's very naive. Do you believe GS isn't talking their book when they make recommendations too?


On Oct 21 02:25 AM John Aislabie wrote:

> What is the matter with everybody? The frenzied to need to show everything
> is a conspiracy is puerile.
> The guy has a social meeting with his old colleagues - only after
> checking with General Counsel. What is he supposed to do to stay
> in touch with the currents of banking activity? ~Chat with Last National
> of Podunk, Arkansas ?
> We should want our administrators to be well informed and preferably
> on first name terms with the movers and shakers, this stuff is much
> too serious to be handled by amateurs.

Oil Outpacing its Own ETF

I've seen instances when all OJ futures traded up on the day and the calls all settled down. What the heck is going on? The CFTC should interview the settlement comity and ask whats going on.


On Oct 15 05:22 PM stockferret wrote:

> You think USO is sucking? Try the LEAPS on USO. My in-the-money
> 35 calls for 2011 only went up $.60 when USO was up $1.30 today.
> USO is a pos no matter how you play it...

The Hard Truth, Courtesy of the FDIC

"the banks will be able to recognize the cost over 3 years. Since when do we treat insurance as a depreciating asset?"

Since its essentially a pre-paid expense why shouldn't they amortize it. How is it any different than paying a utility bill in advance?

Is It Time to Recognize Reality?

It seems like the house of cards is going to fall over soon. I'm not sure how its stayed up the last few months.

When you see data specifying 7.6% of ALL mortgages are 30 days delinquent and 44% of sub-prime mortgages are delinquent you know there's still trouble in the deck.

www.reuters.com/articl...

This combined with credit card defaults is setting up a big fall. I honestly don't know how analysts can predict these huge earnings increases in the S&P 500. Where are the profits coming from if consumers have no spending cash? Sure there are a lot of people that still have jobs and enough disposable income, but its the margin that creates earnings growth and loss. A small change in consumer activity can cause a big change for companies.

Aluminum's Future: A Mixed Bag

I'm surprised you weren't all over aluminum in February when it was at an ALL-TIME REAL LOW. That was the easiest money you'll ever make in your life.

As a commodities trader I can tell you, whenever a commodity hits an all-time real low it has nowhere to go but up. Sure it can go lower in the short term, but it can't go much lower for very long. The economic forces at those prices would put every single producer on the planet out of business if nothing changes, but it will, so it naturally the price willl go higher. Buying long term calls would pay off handsomely.

Remember, a commodity isn't a stock, it can't go to zero. Also, investing in the commodity instead of a company means you don't have to worry about poor hedging techniques, management errors, strikes in foreign countries, credit problems etc.

Cramer's Mad Money - How to Trade Earnings (9/11/09)

Why do people keep posting Cramers junk? Who follows this crap?