taxmarc

Classic (Bad) Human Psychology in Stock Picking

absolutly personally identiable

Will the Bear Market Rear Its Head This Week?

With the vast majority of boomers and their pensions in equities and a huge number of them getting ready to retire, do you think the government is going to let this market go below 10,000? I don't think so. The gov't. can't afford it. My MIL is 78 years old and is working 3 jobs and even she has to liquidate a portion of her retirement under the
MDR rules of the IRS (minimum distribution requirement).
How do you think the gov't. plans it's budget? The gov't. has a vested interest in the equities market. Why do you think the gov't. has set up the The Working Group on Financial Markets (also, President's Working Group on Financial Markets or the Working Group) created by Executive Order 12631 signed on March 18, 1988 by United States President Ronald Reagan.
One conspiracy theory regarding the Working Group refers to it as the Plunge Protection Team. This theory claims that the Working Group is an orchestrated mechanism that attempts to manipulate U.S. stock markets in the event of a market crash by using government funds to buy stocks, or other instruments such as stock index futures.
The term "Plunge Protection Team" was originally the headline for an article in The Washington Post by staff writer Brett D. Fromson, published on Sunday, February 23, 1997. He did not invent the term. It was added later by a copy desk editor as a sensational nickname for the Working Group.

Will the Bear Market Rear Its Head This Week?

A little on the short side aren't you Mark?

What the SEC Really Accomplished with Its New 'Short-Sell' Rule

I am sick and tired of the constant government interference. Where's the conservative party's outcry against this behavior? If anyone thinks we are in a free market economy you are deceived. Starting with Greenspan's precedent of the government bail out of Long Term Capital Management, which opened a Pandoras Box for the government to continue it's welfare to these mis-managed companies, to the present bailout of the financial sector. At least when Cyrsler was bailed out it was a loan and they paid it back. Where was the government to bail me out when I saw my Enron stock and dot com companies get blown away? Big deal the CEOs were fined. That didn't put money in my pocket. Those fines just continued to grease the wheels of more government. All welfare does is create a dis-insentive to be responsible. I thought playing the market meant having a strategy for making money. Shorting is part of that strategy. If an investor sees an opportunity to short based on a company's foundamentals why shouldn't they? But if the government interferes why consider a company's foundamentals? All smoke and mirrors. At least the former Soviet Union admitted they were communist.

Warren Buffett Is Wrong on Fed Intervention in Bear Stearns

I believe there are many in the investment community who agree with Mr. Kim's analysis and know that the action by the Federal Reserve is nothing more then a "fix" to a problem they created after the dot com bust in 2000 when invetors lost trillions of dollars and deflation was looming on the horizon. The big difference now is there are many individuals who are getting ready to retire and are going to be dependent on their mutual fund equity money for that retirement. So the Fed has a vested interest in keeping the markets "healthy" even though they are wrought with "cancer". Having said that and knowing the Fed is in that posture what do you do? Do you stay out of the market completely by putting your (and my) 401(k) money in money market funds losing the gains from a manipulated stock market or take the risk that the Fed will keep things "healthy" for the time being as the largest group of Americans get ready to retire?

Those Bubbling Solar Stocks

last i looked the short interest on SOLF was over 16 million shares. Last week when this article was written the short interest was 15 million. Who said these stocks weren't short?