Cetin, you're a kid whose centient awareness of the economy only spans the repeal of the Glass-Steagall act. Our economy was not expanded in any meaningful way, consumerism was expanded in the most meaningful of ways. A house of cards it was and will be if constructed again. When will people like you learn? It would be better to burn the house of cards and build something meaningful in its place. Sorry, but our standard of living must plummet along with the markets to obtain a more affordable American worker who can be the driving force behind a new industrial and export driven economy. If we get a 'do over' here, let's not do the last 15 years over, let's try something that will work.
On Apr 13 04:27 PM Cetin Hakimoglu wrote:
> > > That's not true. The use of debt to fund > growth is one of the great economic achievements of recent history. > Wasteful deficit spending is bad, but when used on initiates that > create value such as tax cuts and stimulus, can expand the economy. > > > On Apr 13 04:17 PM Naufal Sanaullah wrote: >
Hmm, 'interesting' is a word I'd reserve for something more constructive. I'm thinking 'disgusting', 'shameful', 'twistedly opaque'.....well, you get the idea how I feel about this.
Disclosure: just my own opinion, skewed by the fact I am currently greiving the death of our once great free market.
As the market nears overbought conditions and corrects, banks will drop the most in the near term. If/when we retest 800 or lower, investors will flee the financials in mass. We are nearing a very good short opportunity. In FAZ at $40 yesterday and will be out today and/or buy more in low to mid $30's.
John Thain Called Out by the President [View article]
When are we going to start seeing these nimwits in court? Perhaps their crimes are not legally defined as fraud but their actions are legally defined as shareholder deception; and isn't there an ethics violation in there somewhere? May Obama liquidate all of their assets. A year from now I want to see Thain mowing lawns for an honest living.
I believe this retest will hold and rally from SP 750. However, I also believe we will get to SP 600, eventually....likely around Q1 earnings and/or negative geopolitical events later this spring.
If Only Hope Were an Investment Strategy [View article]
Toro, enjoy your articles, thanks. BTW, did you liquidate your positions afterall?? You must have, as the markets screamed skywards from some mysterious buy signal, like everything suddenly is fine and dandy. Enjoy the rally folks, 40% upwards from here get ready to go short again!
Why I'm Committed to the UltraShort Financials ETF [View article]
Perhaps a wiser move would have been to sell at least half of your position on the deeply parabolic move up past $200 yesterday. Then buy more shares now at $178, or better yet, wait longer and buy cheaper. The market is ripe for a rally, SKF could go much lower before another rise...
More on HELOCs, Second Liens and Rose Colored Glasses [View article]
Reggie or Readers, For the average investor who does not have a margin account for shorting individual equities, it is reasonable to go with ProShares UltraShort Real Estate (SRS)? The index this ETF follows (inversely) is mostly commercial real-estate & REITs and seems to have been an aweful mistake since establishing a position in mid-March at $95. Is this a SELL or a HOLD? Any thoughts would be appreciated! Reggie, great work, thanks! -Dave
Goldman Earnings Bode Well for BAC, JPM [View article]
The Imminent Equity Implosion [View article]
When will people like you learn? It would be better to burn the house of cards and build something meaningful in its place. Sorry, but our standard of living must plummet along with the markets to obtain a more affordable American worker who can be the driving force behind a new industrial and export driven economy. If we get a 'do over' here, let's not do the last 15 years over, let's try something that will work.
On Apr 13 04:27 PM Cetin Hakimoglu wrote:
>
>
> That's not true. The use of debt to
fund
> growth is one of the great economic achievements of recent
history.
> Wasteful deficit spending is bad, but when used on initiates
that
> create value such as tax cuts and stimulus, can expand the economy.
>
>
> On Apr 13 04:17 PM Naufal Sanaullah wrote:
>
The Whitney Ratings [View article]
Disclosure: just my own opinion, skewed by the fact I am currently greiving the death of our once great free market.
Short Into the 'Bad Bank' Syndrome [View article]
John Thain Called Out by the President [View article]
Market Headed to Retest Lows? [View article]
If Only Hope Were an Investment Strategy [View article]
Why I'm Committed to the UltraShort Financials ETF [View article]
More on HELOCs, Second Liens and Rose Colored Glasses [View article]
For the average investor who does not have a margin account for shorting individual equities, it is reasonable to go with ProShares UltraShort Real Estate (SRS)? The index this ETF follows (inversely) is mostly commercial real-estate & REITs and seems to have been an aweful mistake since establishing a position in mid-March at $95. Is this a SELL or a HOLD? Any thoughts would be appreciated!
Reggie, great work, thanks!
-Dave