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MICROCAPMAVEN
8 Comments
Despite Big Fast Panic, It's Still a Normal Bear [view article]
Larry H. called it correctly. Sep 10 04:30 PMDespite Big Fast Panic, It's Still a Normal Bear [view article]
Disagree. This bear will be the most ferocious one of most of our lifetimes. We have never before had such an enormous debt overhang and wildly deflating asset bubbles. The mortage resets, defaults (already at 9%), oncoming trainwreck of commercial real estate, car loans, student loans and credit card defaults will be a financial tsunami, made worst by the resultant tax revenue implosion. Dude, brace yourself, it;s just beginning.While we have better coping mechaisms than duing the 1930's, the scale of the problems is much larger.
The consequences may be catastrophic. I'm not sure what can be done to prevent it, only to pace and moderate it a bit. Sep 10 04:29 PM
Who Killed Frannie? [view article]
Fool. Paulson only said that to reassure foreign govts.central banks, after a bailout started to look inevitable. Sep 10 04:18 PMHow the Fannie / Freddie Announcement Impacts Forex, M&A [view article]
<There is no question that US Treasury Secretary Paulson’s announcement has carved out a bottom in equities>Really? That's right up there with Bernanke's fairly recent statement that Fannie and Freddy had nothing to worrry about. Actually, he was right- they're Uncle Sam's problem now. Sep 08 05:22 PM
Legg Mason: A Market Bottom? [view article]
Thinking people have discovered or will discover that Nobama is an empty suit and is not even who he says he is. He hasn't accomplished any of the change that he keeps crowing about. Where's the beef? Sep 02 11:18 AMWhat Drove the Dollar to a 6 Month High? [view article]
<<The troubles in the US financial sector continue to be the biggest stories of the day, driving the US dollar to a 6 month high against the Euro.>> say what?Allow me to help you re-write your tagline, Kathy. How about> "false rally an Euro zone problems drive dollar to six month high, in spite of U.S. finnacial disaster? Aug 27 12:25 PM
Aggresive Investors Should Ante Up with ProShares Ultra Financial ETF [view article]
You're nuts! This is a suckers' rally and will dive soon enough. I'll make my money shorting you and your followers. Jul 22 12:13 AMCommodities: The Next Bubble? [view article]
Actually, Adam, I thought your article was pretty good. I reduced, but did not eliminate my own precious metals holdings, because it appeared that a pullback was occuring. Why did you not delve more into the cause and whether or not it involved "cartel" or government manipulation? Based on de facto inflation and currency risk, it seems as though gold and silver should be higher. Apr 23 01:01 AM