cyclingscholar

Technical Analysis: Markets Heading Lower?

WOW MAN if it breaks below 10,285 he sees a target of MAYBE EVEN 10,000! WOOWOWOWOWOOWOWOWO! What a great selloff...a whopping 2% .

Michael Arrington says Avatar (NWS) is like the iPhone: movies will never be the same. And The Atlantic, which not too long ago predicted a megaflop, admits it was wrong.

Gimme a break. Avatar, like most 'science fiction' movies of its ilk, tries to use CGI images to cover up the lack of a plot. Believe me AVATAR is garbage compared to Harry Potter, Tolkien, or even SHREK.

Possibility of Greece's Euro Realignment Could Upset the Economic Applecart

Leaving the Euro is a BLACK SWAN EVENT? A currency issued by a politically, economically, morally and military bankrupt alliance blackmailed by Russian natural gas on one end and Islamofascist petroleum on the other?

Thursday Outlook: It's Going to Be a Tricky Day

<<<It has been volume, volume, volume that kept me questioning the rallies this year - the fact that all the up moves come on very thin volume (ie. manipulated...>>...

Silly wabbit! Tricks are for Kids!

ETF Update: Health Care Enters the Home Stretch

Well i'll be! While visiting the local clinic I thought I'd just got a load off my mind, if ya catch my drift, and darned if that didn't sit with me very well! That gold toilet seat was COLD! Then the head nurse had the cheek to charge me for using it...probably to defray the cost of uninsured patients. :)


Watchdog and User...I understand your points but they are largely irrelevant. I understand your pre-exist comments, but this bill goes further than that. You cannot be turned down FOR ANY REASON. Ergo, I will buy insurance only when I get sick ($750 tax penalty for not buying). How much would your fire insurance cost if you could buy it when smoke is coming out your windows?

The stock market began to soar as soon ad Obama's agenda began to unravel. This is the anti-Obama rally. Health care: dead; cap and trade, dead; global warmingism: dead. Unless the only nuts in your sack are ACORNS, you gotta be happy with all three outcomes.

By acquiring XTO Energy (XTO +15.1%), Exxon Mobil (XOM -4.2%) is essentially making a $31B bet that gas will be America's fossil-fuel power generator of choice. XTO's specialty in onshore extraction from tough fields is a big commitment for Exxon, the most conservative company in a conservative industry.

Unless the envirowhackos and priests of Global Warmingism cook up some more fictional data, I think this is a smart move by a smart company. Maybe they can 'hide the decline' in XOMs stock price!

U.S., U.K. Economies: From the Sublime to the Ridiculous

<<The answer is, of course, that financial markets do not contribute significantly to real economic growth. In fact, the speculative sub-sector of financial markets offers close-to-zero economic benefits for the real economy. It’s just re-distribution of wealth from one party to another with the industry taking fees on the transaction for facilitating the transfer. >>

Ah, yes, stupidity in black and white. Shifting wealth doesn't create or destroy wealth? Please...take a book on theoretical phsyics out of the hands of an MIT professor and give it to a longshoreman. Please...take a billion dollars away from Steve Jobs and give it to Barack O'Bama. No impact on the real economy?

ETF Update: Health Care Enters the Home Stretch

If you go to Yahoo finance, type in XLV to get a quote. Then look over at the left column of choices, and click on HOLDINGS...it will tell you the top ten holdings, and criteria such as PE and Price to cash flow averages from the XLV shares.

Yes, people..the government controls costs! Will the new hospitals have $2500 dollar toilet seats like the pentagon contractors charge? Will most new doctors be innumerate, illiterate morons like those who pour out of our publick skools? Medical costs rose no faster than inflation UNTIL the Federal government got involved in the 1960s.

Top Ten Reasons to Dismiss Last Friday’s Unemployment Report

When ya don't like what the numbers say, just ignore the numbers or 'adjust them' as is appropriate. Someone needs to visit Copenhagen and get the skinny on how its done!

Shorting U.S. Treasuries: The Best Trade of the Next Decade

Congratulations on having the intelligence to plot yields on a LOGARITHMIC chart. That places you in the 99th percentile of all S.A. analysts. You might want to dicker around a bit with that trendline, but other than that I agree with your analysis.

Boston Fed President Eric Rosengren: We're in a "far better place" than at the beginning of 2009 - due to "bold and creative" actions by the Fed, but the central bank didn't accurately foresee and prevent all the problems: "We are partly responsible for the fact that we are coming out of a 'great recession.' " The Fed is learning from mistakes. He advises against curtailing Fed's supervisory and lender-of-last-resort roles.

Before you FED whiners get too hoity toity, if Congress didn't run a 56 quintillion dollar deficit, the FED wouldn't have to

(1) keep short term rates artificially low in order to force foreigners up the yield curve, and

(2) have to use QE to buy debt that suddenly no one else wants to buy.

Jim Rogers Predicts Dollar Collapse, 'Inflationary Holocaust'

No wonder resident Fathead Lou Dobbs jumped this sinking intellectual cesspool of a network.

Chart of the Day: The Bear Market in Lending

<<is the fact that Dow Jones will never break 11000 level. Now you decide what you will do with your lovely stocks.>>


Never? NEVER? NEEEEEEEEEEEVVVVVVVVVV...

Illiterate, innumerate, or both!

More Evidence of Extremistan

No doubt Taleb has been hit by some bird poop from his Black Swans, so in the true spirit of todays academic/media glitterate, its time to move on to a new theory, a new text, and more greatness. Tell me...as he ever ridden a bicycle?

Is Dubai's Default a Black Swan Event?

PUH-leeze....

"Black Swans"
"Global Warming"
"Paradigm Shifts"
"yes we can"

Verbal shibboleths that take the place of legitimate thinking and analysis.