JOSEPH FOSTER

10 Comments

    • ON: Sun Oct 12th 17:35 PM
      Commented on:
      This Isn't a Bottom, It's a Disturbance in The Force
      WITH ALL THE BORROWED MONEY BY GOVT GOING TO GIVE THE BANKS LIQUITIDY FINE AND DANDDY. WHAT HAPPENS TO THE CONSUMER THAT HAS TAKEN A BAD HIT, HE DOES NOT HAVE THE MONEY TO REVIVE THE ECONOMY YET.
      WHAT THE FUTURE HOLDS RIGHT NOW IS NOT KNOWN.
      WHEN ALL THE STIMILUS DOES NOT REVIVE THE ECONOMY AND UNEMPLOYEMENT KEEPS RISING STOCKS WILL HEAD LOWER THAN THEY ARE NOW.
      HOLD ON TO CASH AND GET IN THE MARKET WHEN THERE IS SIGNS THAT THIS DISATER IS CLEARING UP.
      RIGHT NOW I SEE PERHAPS A WORLD WIDE MINI DEPRESSION NOT RECESSION.
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    • ON: Sun Sep 28th 16:37 PM
      Commented on:
      Common Sense: My Solution to the Mortgage Crisis
      EXCELLENT IDEA AS A RETIRED PERSON AND WELL VERSED WITH THE REAL ESTATE BUSINESS ANOTHER SIMPLE SOLOUTION.
      THE FED CRAETES A FIXED MORTGAGE ON OWNER OCCUPYIER
      HOME FIXED RATE AT 4% FOR 10 YEARS PRINCIPAL REPAYMENT
      BASED ON 30 YEARS MORTGAGE.
      THE FED GETS THE INTEREST AND ADVANCE THE MONEY N0O COST TO THE TAX PAYER.
      AFTER THE MARKET RECOVERS WE COULD REVERT TO THE BANKING SYSTEM WITH TIGHT CONTROL ON PURCHASE DATE AND DATE OF SALE IF THE GAIN EXCEEDS THE CPI THEN THE BANKS SHOULD REQUIR A LARGER DOWNPAYMENT.

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    • ON: Sat Sep 27th 13:57 PM
      Commented on:
      Why Friday Came Early
      JOE FOSTER SEPT 27, 2008
      THE $700 BILLION IS THE DOWN PAYMENT THEY ARE NOT GOING TO SHOCK THE AMERICAN PEOPLE WITH THE TRUE NUMBERS.
      IF YOU CONSIDER THE NUMBER OF BANKS IN THE US WHICH RUNS IN THE THOUSANDS, WHAT IS $700 BILLION.
      LOU DOOBS ON CNN HAS BEEN SAYING THE BROKEN GOVERNMENT.
      AMERICA IN THE LAST 16 YEARS HAVE BEEN FOOTING THE BIGGEST MILITARY EXPENDITURE THERBY SAVING THE EUROPEANS FROM CUTTING THEIR DEFENSE BUDJET.
      NOW BUSH HAS REVIVED THE COLD WAR WITH RUSSIA OVER GEORGIA. RUSSIA HAS NOW INCREASED THEIR MILITARY BUDGET BY 25%
      GOD HELP AMERICA AND WHEN THE AMERICAN PEOPLE WANTS A CHANGE THEY MUST SEEK AN INDEPENDEND PARTY
      THAT DOES NOT WORK FOR THE LOBBYIEST IN WASHINGTON.




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    • ON: Mon Sep 22nd 08:22 AM
      Commented on:
      Commodities Should Profit from the Bailout Plan
      I AGREE WITH THE ARTICLE AND VERY SAD THAT AMERICA THE HOPE OF MIND KIND AND THE AMERICAN DREAM IS BEING DESTRYED.
      IT WAS ONCE SAID NO FOREIGN ARMY WILL INVADE AMERICA, BUT AMERICA WILL SELF DESTRUST IT SELF.
      HERE IS THE PROBLEM:
      TWO USLESS WARS BOTH UN WINABLE IRAQ AND AFGHAN.
      AFGHAN FIRST THE RUSSIAN AFTER 10 YEARS THEY DID THE RIGHT THING AND LEF
      IT IS MORE CHEAPER TO SPEND THE MONEY SEEKING BIN LADEN THAN INVADE, WE GIVE PAKISTON GOVT BILLIONS THEY
      GIVE US SOME TOKEN SUPPORT BUT THE POPULATION OF PAKISTAN DO NOT AGREE WITH THEIR GOVT AND DO NOT SUPPORT OUR WAR IN AFGHAN.
      REMEMBER VIETNAM FIRST THE FRENCH THEN WE GOT IN AND THE END A DISASTER.
      IRAQ WE SUPPORT A GOVERNMENT IN A FORTRESS THE POPULATION OF IRAQ ARE AGAINST US TO KEEP SOME OF THEM QUITE WE POUR BILLIONS TO BUY THEIR FAVOUR.
      THIRD PROBLEM FREE ENTERPRISE SYSTEM WITHOU ADEQUATE REGULATION;
      THE FINANCIAL FISACO, WALL STREET WITH PUT, CALL, STRADLE, SHORTING ETC ALL A GAMBLING GAME, WE HAVE CONVERTED WALL STREET AS THE LARGEST GAMBLING CASINO.
      LOW COST LABOUR DESTROY ALL OF OUR GREAST MANUFACTURING INDUSTRY WHEN THE LABOUR COST IN CHINA IS $100.00 AND THE COST GOES HIGHER THEN FIND ANOTHER COUNTRY WITH SLAVE LABOUR AT $50.00 PER MONTH PLUS
      A BOWL OF RICE FOR THE WORKERS AT LUNCH TIME,
      ULTIMATELY ALL MIDDLE CLASS IN AMERICA WILL BE DESTROYED, WHEN OUR UNEMPLYMENT REACHS 15%
      THE IDEA OF COMMUNISM WILL BEGING TO GET HOLD IN AMERICA AND THE REST OF THE WESTERN WORLD.
      HISTORY REPEATS IT SELF.
      JOSEPH FOSTER A WORLD TRAVELLER AND A RETIRED
      BUSINESS MAN.



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    • ON: Sat Aug 2nd 13:45 PM
      Commented on:
      Looking for a Cause for Thursday's Sell-off? Blame Greenspan
      ALL THE FINGER POINTING AT GREENSPAN AND OTHERS WILL NOT HELP.
      I HAVE BEEN A REAL ESTATE INVESTOR FOR MANY YEARS AND NEVER LOST A DIME SINCE I ALWAYS GET OUT BEFORE THE BUBBLE BUST,
      YOU SEE SIGNS THAT TELLS YOU TIME TO GET OUT, JUST AS I DID BEFORE THE NSDQ COLLAPSED.
      WHEN I HEARD THE ANAYLIST PRIOR TO THE CRASH PREDICTING
      THAT THE DOW IS GOING TO 20,000 THAT MADE ME SELL ALL OF MY EQUITIES 6 MONTHS BEFORE THE CRASH.
      STOCKS ARE A LICENSE GIVEN TO COMPANIES TO PRINT PAPER MONEY. THEY ISSUE MORE AND MORE AND REWARD THEIR INVESTORS BY GIVING TWO FOR ONE ALL PAPER NO SUBSTANCE.
      BIGGEST FRAUD OF THE CAPITALIST SYSTEM TO CORRECT THE FRAUD. COMPANIES SHOULD BE REQUIRED BY LAW WHEN THEY ARE MAKING HUGH PROFIT TO REWARD THEIR INVESTORS WITH CASH AND NOT MORE PAPER STOCKS

      AS TO REAL ESTATE I BLAME THE BANKS AND THE APPRAISAL SYSTEM.
      HOW COULD A BANK MAKE A LOAN TO THE SECOND BUYER WHEN
      THE FIRST BUYER BOUGHT THE HOME FOR $300,000 ONE YEAR LATER IS SELLING THE HOME TO THE NEXT FOOL FOR $400,000
      THAT SECOND BUYER IS NOW HOPING THAT HE WILL SELL THE HOME FOR $500.000 THIS PROCESS CONTINUED AND THE BANKS,
      LOAN BROKERS, REAL ESTATE AGENTS WERE LAUGHING ALL THE WAY TO THE BANK.
      BUILDERS USE TO SELL HOMES ON A COST PLUS BASIS, THEY DISCONTINUED THIS PRATICE AND STARTED PRICING HOMES BASED ON THE MARKET INFLATED PRICES.
      I BOUGHT MANY INVESTMENT PROPERTIES FROM BUILDERS WHEN THEY WERE PRICED ON COST PLUS BASIS IN THE US AND UK,
      WHEN I IMMEDIATELY NOTICED THE SHIFT FROM COST PLUS TO MARKET PRICE AND DISCONTINUED BUYING.
      AFTER THE CORRECTION BY 2010 ANOTHER 6 OR 7 YEARS THE SAME PROCESS WHICH LEAD US TO THIS DISASTER WILL REPEAT IT SELF.
      JOSEPH FOSTE UK AND USA.









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    • ON: Sat Aug 2nd 12:21 PM
      Commented on:
      Bill Miller on This Tough Market
      I AM A DAY TRADE AND I CONTINUE TO MAKE MONEY IN A GOOD AND BAD MARKET. I SELECT THE BEST COMPANIES BUY THEM LOW AND SELL THEM HIGH IN SOME CASES I WOULD GO IN AND OUT OF A GIVEN STOCK 10 TIMES IN ONE DAY SOMTIMES I LOOSE BUT MY GAIN EXCEED MY LOSSES.
      LONG TERM INVESTMENT IN STOCK IS OVER THAT WAS NOT NOW
      THE MARKET HAS CHANGED.
      EXAMPLE THE RESULT OF LONG TERM INVESTMENT MSFT, BA, GE,
      T, ALL GOOD STOCKS YOU WOULD NEED TO HOLD THESE STOCKS FOR PERHAPS 10 YEARS AND IF YOU ARE LUCKY MAKE 5%
      I COULD ACHIVE ON DAY TRADING A RETURN OF 40% TO 80%
      THE MARKET NO LONGER MAKE SENSE AS XOM EARNINGS GO UP OR COP EARNINGS GO UP THE STOCK GOES DOWN.
      SOME BANKRUPT COMPANIES SUCH AS AIR LINES WHEN OIL GOES DOWN THEIR STOCK GOES UP.
      JOSEH FOSTER USA UK.






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    • ON: Sat Jul 19th 13:10 PM
      Commented on:
      How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II
      I DO NOT AGREE WITH THE COMPARSION OF JAPAN AND USA RECESSION.
      THE US HAS VAST RESOURCES OF COMMODITIES, OIL, GAS, FOOD,
      ETC ETC. FOREIGNERS HOLDING LARGE SUMS OF DOLLARS ARE ABLE TO EXCHANGE THESE DOLLARS FOR A VAST ARRAY OF GOODS AND SERVICES THAT IS PLENTFULLY AVILABLE IN THE US.
      AS TO DEFACING OF THE DOLLAR, ALL COUNTRIES OF THE WORLD DO THE SAME, UK, EUROPE, RUSSIA, ETC ETC.
      AN EXAMPLE I BOUGHT A HOME IN CALIFORNIA IN 1974 FOR $125,000 TO DAY PRICE $2,000,000 WITH CURRENT CORRECTION IN PROPERTY VALUES LET SAY IT IS NOW 1.7 MILLION.
      I DO NOT OWN THE HOME NOW AND HAVE LONG AGO SOLD THE HOME.
      I AM NOT AN ECONOMIST, THE INCREASE IN THE PRICE SETTING ASIDE THE SUPPLY AND DEMAND CONCEPT IS DUE TO THE DOLLAR LOOSING ITS PURCHASING POWER.
      THE SAME HOLDS TRUE WEITHER THE HOME IS IN THE UK, FRANCE, GERMANEY OR ANY OF THE DEVELOPED COUNTRIES.
      THE SMART INVESTOR CANNOT CHANGE WHAT THE POLOTICIAN MAY DO OR NOT DO AT BEST HE MUST ADAPT HIS INVESTMENT
      TO THE DIRECTION OF THE TREND, TO DAY IT IS OIL AND GAS.
      REAL ESTATE WILL ALSO REMAIN THE BEST INVETMENT FOR THE LONG TERM.
      WHEN THE DUST AND STORM BLOWS AWAY MANY SMART INVETORS THAT ARE BUYING AMEICAN COMPANIES ON SALE WILL
      MAKE A FORTUNE.
      JOSEPH FOSTER A GLOBAL TRAVELLER AND INVESTOR.




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    • ON: Mon May 26th 09:24 AM
      Commented on:
      America's Energy Policy: Coming to Terms with Reality
      MAY 26, 2008 J. FOSTER USA-UK
      PICERNO YOU ARE 100% CORRECT BRILLIANT ARTICLE.
      AMERICANS WASTE OIL MORE THAN ANY POPULATION ON EARTH.
      OIL IS HEADING TOWARDS $200 SUPPLY AND DEMAND
      IS THE FACTOR.
      BY YEAR END AMERICANS WILL BE PAYING $6.00 PER GALLON.
      EUROPE NOW IN THE RANGE OF $10 TO $11 PER GALLON.
      MESSAGE TO OUR POLOTICIAN IF YOU ARE ABLE TO WASTE 2 TRILLION DOLLARS ON A MISTAKEN WAR IN IRAQ HERE IS MY SUGGEATION TO REMEDY THE SITUATION.
      1. POWER PLANTS IN THE USA SHOULD BE 95% NECULAR SIMILAR TO FRANCE.
      2. SET UP A MANHATTAN PROGECT LIKE THAT USED TO DEVELOP THE NUKE BOMB ON THE DEVELOPMENT OF THE MOST EFFICENT BATTERY TO POWER AUTO.
      ONE SET WITH A RANGE OF 100 MILES SECOND SET FOR ANOTHER 100 MILES FOR SWITCHING PURPOSE YOU NOW HAVE A RANGE OF 200 MILES PER DAY.
      OVERNIGHT THE BATTERIES ARE CHARGED FOR THE NEXT DAY DRIVING.
      SOLAR AND WIND WILL NOT SOLVE THE ENERGY CRISIS.
      WHEN MSFT AND CISCO PROFIT JUMPS BY 80% WILL THE SAME SENATORS CALL THE CEO FOR ENQUIRY OF COURSE NO.
      A NEWL INVENTED GENERATOR MAY STRETCH YOUR BATTERY POWER.
      THE ABOVE SOUND SIMPLE BUT THE POLOTICIAN DO NOT WANT TO HEAR SIMPLE ANSWERS.
      BRING THE BEST SCIENTIST IN THE WORLD TO LOS ALMOS
      AND WITHIN ONE YEAR A BREAK THROUGH WILL BE FOUND.
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    • ON: Sun May 25th 16:43 PM
      Commented on:
      Petro-Canada: Continuing to Rally
      I OWN PCZ IT IS UNDER VALUE COMPARED TO OTHER OIL STOCK.
      VERY BULLISH ON OIL STOCKS AND OIL DRILLING COMPANIES.
      GOOD PICK IS ALSO PBR THE LARGEST OIL COMPANY IN BRAZIL NO 3 IN THE WORLD.
      BIG OIL DISCOVERY OFF SHORE NEAR RIO.
      JOSEPH FOSTER USA AND UK
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    • ON: Fri May 16th 02:56 AM
      Commented on:
      Visa Keeps Charging Ahead
      I ALSO OWN VISA AND AGREE WITH ALL THE COMMENTS.
      FOR THE LONG TERM VISA WILL OUTPERFORM APPLE, ALSO VISA IS IN A LOW RISK MODE COMPARED TO TECH STOCKS.
      I AM A DAY TRADER AND SELL THE STOCK ON ITS HIGH AND BUY IT AGAIN ON A DIP.
      I WILL NEVER LEAVE VISA PERMANENTLY.
      SUPER STOCK TO OWN FOR LONG TERM.
      I AM BULLISH ON EXOM AND BP THE MONEY RIGHT NOW IS RINGING WITH OIL PRODUCERS AND OIL DRILLING COMPANIES HAL AND SLB.
      STAYING THE COURSE. JOSEPH FOSTER USA AND UK.
      PLEASE LET ME HAVE YOUR COMMENTS ALSO LET ME KNOW IF YOU HAVE FOUND A SIMILAR STOCK SUCH AS VISA LOW RISK AND A MONEY MACHINE.
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