icandoitdon

The Bull Run Begins This Week

i'm amused by the obama bashing considering the fact that it was "free market" republicans (an oxymoron if there ever was one) who have presided over the nationalization of our banking industry, embarked upon the largest corporate (banks and insurance) and personal (medicare) welfare programs since the great depression and LBJ's great society, respectively, and sponsored the greatest increase in both national and personal debt ever. and let's not forget the latest bubble being formed on republican watch that will soon raise hell in our economy....treasury bonds. but i suppose none of this bad stuff would have happened if democrats didn't exist, right?

as far as economics are concerned, it's pretty hard to argue that democrats are any more socialistic than republicans. the big difference is that republicans are more embarrassed about it. wasn't it ronald reagan who spouted that popular line "government is the problem?" wasn't it the current, outgoing administration who pushed the concept of the "ownership society?" (i don't think what they had in mind is government owning the banks, though.) how nice it all sounded and how popular it was until the roof fell in.

now everyone in government is a socialist.

Tech Bellwethers Looking Cheap?

cash on a balance sheet speaks to the past...not the future. i can name countless companies with large cash positions that have sucked air for years. microsoft among them.


On Jan 15 11:58 PM stockguru32 wrote:

> apple is way to low for anyones good. Frankly they have too much
> cash to be this low, even with jobs sick. good read today at crashmarketstocks.com

Chinese Market Annihilated - Cramer's Lightning Round (9/24/08)

anyone who would take seriously a blithering idiot who rattles stock recommendations off the top of his head with little more than seconds of thought and utterly no analysis deserves to lose money. that CNBC keeps this clown on television is a disgrace. i switched to bloomberg long ago.

i do watch larry kudlow for the occasional half-intelligent and objective guest as opposed to the perma-bulls he likes to feature. but he's also good for laughs because the america he likes to believe exists died long, long ago. he's an utter embarrasement to capitalism itself.

The Current Market: Investors Lack Fear

kotika98.....

makes sense to me.

The Current Market: Investors Lack Fear

"It seems to me that a stronger dollar would help curb Oil prices, which would in turn lessen inflation and encourage growth. But what do I know?"

you know more than most fed officials.

a half point increase in rates would go a long way toward strengthening the dollar, killing speculative fever in oil and sending the message that the fed will back up its ridiculous talk with meaningful action. as for those who think it will hurt banks and overleveraged consumers, let em bleed. leverage is what damaged the financial system and it will not heal unless and until this leverage is unwound....the faster the better. banks must recapitalize and the relentless pressure on their stock prices are sending that message. they can't do it on the back of low interest rates alone. BAC yielding 10% is laughable....let them cut it to build capital.

as for lack of fear, i beg to differ. look at financial stocks....people are so jaded by the virtual collapse of the financial system and housing prices and the run up in oil prices, who cares what else comes down the pike. what doesn't kill me makes me stronger.
that's not to say prices won't drift lower...but a capitulation sell-off? where is it written that it must occur before the market puts in a bottom? we could drift toward a bottom for a long time....as we did in the 1970s.

my strategy is simple...sell half-position puts on stocks i'd like to own at lower prices and be prepared to buy if exercised. cover at a loss if the facts have changed. don't take on too large a position in either a single stock or aggregate position.

there are many great stocks that will likely get cheaper.

Lehman's a Lemon - Fast Money Recap (6/9/08)

hahaha...

yes, najarian is full of great calls. a perfect reverse barometer.

Cramer's Four Horsemen Back in the Saddle

cramer is a momentum investor. it it's up he likes it...if it's down he doesn't. you don't need advise for that kind of a strategy.