Seeking Alpha

The Whole Picture » Comments » XLE

  • How Much Longer Can Money Managers Hang in Behind Energy? [View article]
    If you are going to write an article as though you know something, you might want to research the subject a little more. You have several obvious mistakes about Governor Palin's history that clearly indicate you do not know what you are writing about. For example, she led her high school basketball team to a state championship -- not volleyball. She is hardly a star of "big oil" -- she passed an oil windfall tax in Alaska and went after the ethics of the oil industry. Just because she is for domestic drilling does not mean that Governor Palin is all about big oil. If you stop and think for a minute, the oil industry makes the most money when there is a shortage. Shortages result in $140 oil which results in big profits. Opening more drilling pushes oil prices, and subequently oil profits, down. Even repeating the "quite the high schooler" comment is considerably condescending. The fact that Governor Palin is pro-2nd amendment and pro-life isn't exactly surprising, being that they are part of the Republican platform. Why would Republicans want to nominate people who are opposite their platform just to win? And finally, your comment "not to say I disagree with those positions" is a weak attempt to stand above the issues as an independent or possibly even a Republican and is shameful. If you are going to be a Democrat, be honest and admit it. There is nothing wrong with being a Democrat, but being a deceitful reporter cannot be trusted.
    Sep 01 11:16 am |Rating: 0 0 |Link to Comment
  • SPY: The Myth of a Decline in Corporate Earnings [View article]
    Just out of curiousity, how do appliance & furniture sales drop 240%? Sounds like most of last year's customers must have returned last year's purchases for a refund. I agree, that is "crazy" weakness.
    May 17 09:29 am |Rating: 0 0 |Link to Comment
More on XLE by The Whole Picture
Comments by Ticker
The Whole Picture's
Comments Stats
10 comments
Rating: 9 (9 - 0 )